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Harvard Management veterans prepare Emeth Partners


Emerging market investors Steve Alperin and Sara Fleiss plan to launch in the third quarter.

Steve Alperin, who until last year was head of emerging markets stock investing at the $32 billion Harvard Management Company, is joining with his former lead analyst Sara Fleiss to launch an emerging markets hedge fund in the third quarter, according to Goldman Sachs capital introduction marketing materials obtained by AR.

The new Boston based firm, Emeth Partners, will use event-driven and arbitrage strategies, focusing on emerging markets, according to the materials. Emeth is the Hebrew word for firmness, faithfulness and truth and was also used by C. S. Lewis as the name for a character in