Fundana’s three-tier approach drives top managers to its core

Fri Jun 3, 2011

Read more:



Dariush Aryeh’s Fundana backs only the best in new manager talent on a gradual scale of investment until they graduate to become the ‘tried and tested’ elite


By Claire Makin

Dariush Aryeh
At Geneva-based Fundana, the principals have hit upon a way of wringing the best returns out of their managers - invest early and exit when they get too big.

Dariush Aryeh, who co-founded Fundana with Thomas Alessie in 1993, cites a string of top-performing names, some of which Fundana selected when the ink was barely dry on the managers' offering documents.

They include John Thaler's JAT Capital, Wayne Cooperman's Cobalt Management, Tye Schlegelmich's Sonterra Capital, and Senator Investment Group, run by Alex Klabin and Doug Silverman.

Spotting the next big name is a sort of holy grail for allocators - an elusive quest with huge potential rewards but a lot of disappointment, and even danger, along the way.

But Aryeh, who is chief investment officer, claims that Fundana's approach vastly reduces manager risk in a fund of funds portfolio. It does this by creating...

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

The full contents of this article are available to active InvestHedge subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to InvestHedge.

Subscribe

Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now