Infrastructure

10:14 AM
Connect Directly
Google+
Twitter
Facebook
RSS
E-Mail
50%
50%

Revere Capital Advisors Takes Equity Stake in Statistical Research Laboratory

Revere will offer SRL's Nexus managed account platform to clients to promote transparency for investors.

Revere Capital Advisors LLC had entered an equity partnership withStatistical Research Laboratory (SRL), a U.K.-based technology company focused on providing the asset management industry with more transparency.

Revere is a New York, London and Singapore-based investment group and hedge fund platform. The company said the investment reflected its commitment to provide investors with state of the art technology and operational infrastructure.

Nexus is a fully integrated investment platform providing improved investor transparency and ownership of data that allows institutions to analyze and evaluate their holdings together. It provides an independent audit trail of investment activity, communications, regulations and compliance, according to the release.

Dan Barnett, CEO of Revere, commented, “The partnership allows Revere and our clients to monitor investments on a real-time basis as well as respond to the increasing demand of clients requesting a managed account solution.”

In a statement, Neil Puri, CEO of SRL, said the Nexus platform is revolutionary in its provision of integrated applications from portfolio management and risk management to due diligence and operations reporting. The shared manager-investor platform ensures that both investors and managers are equipped with the tools necessary to make informed investment decisions using a dedicated neutral, transparent and robust framework to increase operational efficiency. Nexus empowers asset owners and asset allocators to take control of their investments.”

Revere currently provides capital, advisory expertise, sales and distribution and technology infrastructure to its partner hedge fund managers.

Current Revere partner managers include: Dickson Capital Management, a European long/short equity fund based in London, Broadmark Asset Management, a tactical allocation long/short equity fund based in San Francisco and Bayswater Asset Management, a systematic global macro manager also based in San Francisco.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - Elite 8, October 2014
The in-depth profiles of this year's Elite 8 honorees focus on leadership, talent recruitment, big data, analytics, mobile, and more.
Video
7 Unusual Behaviors That Indicate Security Breaches
7 Unusual Behaviors That Indicate Security Breaches
Breaches create outliers. Identifying anomalous activity can help keep firms in compliance and out of the headlines.