Revere Capital Advisors aims to provide full support for
its managers while investing its own capital
By Claire Makin
When Dan Barnett and other former board members of Man Group
set up their hedge fund investment platform in October 2008,
right after the collapse of Lehman Brothers, reactions ranged
from scepticism to astonishment.
"People asked: 'Is this a good time to be doing it?'.
Everybody's hair was on fire in October 2008," Barnett
Contrary to expectations, the timing of Revere Capital
Advisors' launch turned out to be good, according to Barnett.
He and his partners were able to get the New York and
London-based business up and running before selecting from the
growing pool of talented hedge fund managers seeking capital
after the financial crisis.
Barnett, a former Man finance director, is chairman and
chief executive of Revere and its driving force. His
co-founders are John Kinder,...