Private Advisors Expands Hedge Fund Team
RICHMOND, VA – April 28, 2014 – Private Advisors, a leading alternative investment boutique headquartered in Richmond, Virginia, announced today that it has hired two senior hedge fund professionals, deepening the firm's capabilities in global macro and long/short equity investing.
Jeremy Kokemor, CFA joins Private Advisors as a Managing Director with nine years of investment experience, including three years as an equity research analyst for T. Rowe Price covering small and mid-cap metals, utilities, and industrial companies. Mr. Kokemor will be focused on equity investment strategies for Private Advisors. Previously, Mr. Kokemor held roles with Thompson, Siegel & Walmsley, LLC and at Ewing Bemiss & Co. He earned his M.B.A. from Harvard Business School and received a B.A. in Economics and History from University of Virginia.
Peter Lee, CFA joins Private Advisors as a Director with ten years of alternatives experience and a specialization investing in global macro managers. Mr. Lee was an executive director at Arden Asset Management, where he helped manage client portfolios with global macro mandates. Prior to this, Mr. Lee was a hedge fund analyst with Morgan Stanley where he managed and performed risk analysis for the MSCI/Lyxor Hedge Invest Index. Mr. Lee holds a B.S. in Economics from The Wharton School at the University of Pennsylvania.
Tim Berry, Head of Hedge Fund Investments for Private Advisors, commented: "We have a great team of tenured investment professionals and are very excited about the new talent that brings additional depth and highly relevant experience. Jeremy brings with him an exceptional skill set in the equity space, and Peter has significant, dedicated experience investing in global macro, an area that Private Advisors believes offers a rich opportunity set and will remain a core allocation in our portfolios."
Private Advisors has been successful in attracting and retaining high caliber investment talent over the years through a combination of its strong investment culture, the opportunity for equity ownership in the firm and its stability, which is reinforced through the firm's affiliation with New York Life.
About Private Advisors
Private Advisors, LLC is a leading alternative investment boutique, managing over $5.4 billion in assets as of March 31, 2014. The firm is an affiliate of the Investments Group of New York Life Insurance Company, a Fortune 100 company and one of the largest life insurers in the world.1 Private Advisors is focused exclusively on non-traditional investments, including hedge funds and small company private equity and private credit. Private Advisors' hedge fund capabilities provide investors with expertise in fundamental credit, equity and diversified hedge fund strategies. The firm's integrated private equity platform is focused on four distinct capabilities including primary private equity fund investments, co-investments in equity and mezzanine/junior credit securities of private companies, and secondary investments. Private Advisors' investment philosophy is focused on preserving capital and achieving strong risk adjusted returns relative to traditional and other alternative investments over time. www.privateadvisors.com
1. Based on revenue as reported by "Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual)," Fortune magazine, May 20, 2013. See http://money.cnn.com/magazines/fortune/fortune500/2013/faq/?iid=F500_sp_method for methodology.
New York Life Insurance Company
Sloane & Company