Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Former Man Group chiefs launch ‘emerging manager’ fund

by Emma Dunkley on Feb 26, 2013 at 09:54

Former Man Group chiefs launch ‘emerging manager’ fund

Revere Capital Advisors, a boutique started by several former executives at Man Group, is launching a fund investing in early-stage hedge funds.

The Revere Emerging Managers (REM) Founders fund is based on the firm’s research which identifies hedge fund managers at the start of their business.

After identifying new fund launches, REM’s research team evaluates the relevant managers from which to select, to form a concentrated portfolio of between 10 and 12 high conviction managers.

The fund was initially launched last year in order for REM to allocate its proprietary capital and develop a track record, before rolling it out to third party money.

Camilla Balmer of REM said: ‘The early identification of these funds has allowed our team to build a lower cost portfolio by taking advantage of discounted fees offered to early investors.’

The fund, which is domiciled in the Cayman Islands, has a base currency of US dollars with a 1% management fee and 7.5% performance fee, while redemption is quarterly upon 93 days’ notice.

REM is a specialist emerging hedge fund manager boutique based in London and New York, having been founded in 2008.

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:

Look up the shares

  • Man Group PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet