SAN FRANCISCO (HedgeWorld.com)–Three investment executives formed a new investment firm that will focus exclusively on identifying and investing in emerging managers.
The firm, Bivium Capital Partners LLC, also formed a strategic partnership with S3 Asset Management, New York, a recently started hedge fund services firm run by Robert S. Sloan Previous HedgeWorld Story.
Bivium is led by Lester E. Hollis, president and chief executive, Lawrence P. Bancroft, managing director and chief investment strategist, and M. Nancy Hollis, managing director and also Mr. Hollis’ wife. Richard Nichols is a managing director.
The firm’s executives believe that emerging managers do not get enough attention and can offer better returns than larger firms in particular investment segments, such as small-capitalization equities, international equities, hedge funds and private equity, Mr. Hollis said.