Hedge Funds

Sire Discovery Group finally shows up on the radar

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With its roots in high-net-worth investing and an average performance of 11% a year, Sire has quietly been taking the industry by storm – and is now emerging as a strong player

By Claire Makin

Sire team (clockwise from top left:) Jud Reis, Mark Eaker, Mark Reis and Donna Walker
For nearly two decades Sire Management Corporation has been quietly investing in long/short equity hedge funds on behalf of its partners and a small coterie of clients. During this time, Sire’s net performance – 11% a year on average with 8% volatility – has gone largely unnoticed in the industry. Sire has no marketer, did not appear on any databases, and is just now developing a website. “We’ve always been under the radar,” says