Hedge Funds

Low growth and return environment allows Private Advisors’ investment beliefs to shine through


Richmond, Virginia-based firm takes private money research-driven value-oriented heritage to institutional market

By Claire Makin

Tim Berry
Chip Moelchart
With its research-driven, value-based philosophy, Private Advisors takes a very long view of investing. “We tend not to chase fads in our portfolios,” says Tim Berry, the partner responsible for hedge fund of funds portfolio management at the $3.7 billion investment boutique.

Anything less than 10 years is too short a time horizon to judge equity returns, according to Private Advisors, which has a 14-year track record and runs private equity funds of funds as well as funds of hedge funds from its headquarters in