Sunday, 1 February 2015
Last updated 1 day ago
Jan 8 2014 | 8:00am ET
Vienna, VA-based investment manager Dean Ventures Management has raised $74 million for a hedge fund, Dean Ventures 20, according to regulatory filings.
Dean Wilde, CEO of Dean Ventures Management, and James Smist, president, are former Mercer Management Consulting colleagues who co-founded Dean & Company Strategy Consultants in 1993.
Wilde also serves as managing director, CEO and chairman at DC Energy, a commodity investor and trader founded in 2002, and is a visiting professor of strategy at the MIT Sloan School of Management. Wilde has co-authored a book on business strategy, “The Delta Project: Discovering New Sources of Profitability in a Networked Economy.”
According to its website, Dean Ventures is “a hedge fund that uses a rigorous analytical approach to identify and transact on attractive investment opportunities globally." The site further states: "Dean Ventures and its affiliates have more than 130 employees and over 19 years of investment experience."
No further information was available about the Dean Ventures 20 fund and the firm did not respond to a request for comment.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…