Investment Team

  • Louis “Chip” Moelchert, III, CFA
    Chief Executive Officer

    Chip Moelchert is Chief Executive Officer and Chair of Private Advisors' Executive Committee. Mr. Moelchert is a member of the Board of Managers and is responsible for leading day-to-day operations and providing strategic direction for the firm. Additionally, he serves on each of the firm's investment committees. Mr. Moelchert joined Private Advisors in 2003. Prior to joining Private Advisors, Mr. Moelchert spent 10 years at Jefferson Capital Partners, Ltd., a boutique merchant bank with a focus on the healthcare, consumer, and business services industries. He was a Partner at Jefferson Capital and focused predominately on the healthcare and business services segments. Prior to Jefferson Capital, Mr. Moelchert was an Associate Vice President/Portfolio Manager with the Asset Management division of Wheat First Butcher Singer, Inc. (now part of Wells Fargo Advisors). Mr. Moelchert received his BS from the University of Richmond and is a CFA charter holder and member of the CFA Institute.

    + Read More
  • Louis Moelchert
    Chairman

    Louis Moelchert established Private Advisors, LLC in 1997. He serves on the Board of Managers and a number of the firm's investment committees. Beginning in 1975, he managed the endowment for the University of Richmond for 30 years and began investing in alternatives in the early 1980s. He served as a committee member of the Virginia Retirement System from 1996 to 2000 and Chairman of the Investment Advisory Committee from 1998 to 2000. He was also Chairman of the Commonfund Board of Trustees from 1993 to 1997 and served as a trustee from 1986 to 1998. Mr. Moelchert received his BBA and MS, Accountancy from the University of Georgia.

    + Read More
  • Timothy Berry, CFA
    Partner

    Timothy Berry joined Private Advisors, LLC in 2001, is a member of the Executive Committee and leads the Hedge Fund Investment Committee. He is Head of Hedge Fund Investments and responsible for hedge fund of funds portfolio management, including manager sourcing, selection, due diligence, and monitoring. Prior to joining Private Advisors, he was an Associate with Chesapeake Capital Corporation, a billion dollar hedge fund. At Chesapeake, he was responsible for modeling and structuring multi-manager alternative investment products for institutional partners, custom quantitative analysis on behalf of investors, and performing due diligence on principals' alternative asset investments. Mr. Berry received a Masters Degree from Duke University and a BA with distinction from the University of Virginia and is a CFA charter holder and member of the CFA Institute.

    + Read More
  • Charles Honey
    Partner

    Charles Honey is responsible for hedge fund of funds portfolio management, including manager sourcing, selection, due diligence, and monitoring. Mr. Honey has over seventeen years experience as a portfolio manager and equity analyst. Prior to joining the firm in 2007, he was Managing Partner and Founder of Rapidan Capital, LLC a registered investment advisor. He is a former Managing Director of the hedge fund group at Morgens, Waterfall, Vintiadis & Company. Prior to that, he was a Managing Director at Trainer, Wortham & Company, an investment management firm. He began his career as an equity trader and research analyst for Woodward & Associates, a New York based hedge fund. A native of Richmond, VA, Mr. Honey received a BS in Business Administration from Washington & Lee University. In the past he has spoken on the use of value-based analysis and metrics in portfolio management at Stern Stewart's EVA® Institute, the World Research Group's EVA® Conference and in appearances on CNBC.

    + Read More
  • Laura Baird, CFA
    Managing Director

    Laura Baird joined Private Advisors in 2007. Prior to joining Private Advisors, Ms. Baird was a Vice President at Franklin Portfolio Associates, a quantitative asset manager with $32 billion under management. Prior to joining Franklin Portfolio, Ms. Baird was an Analyst at 646 Advisors LLC, a Boston-based market-neutral hedge fund, where she was responsible for investment selection and monitoring, as well as risk control within the financial services sector. From 1998 to 2002, Ms. Baird was an Associate Analyst with Prudential Equity Group's Small-Cap Quantitative Research team. Her responsibilities included factor research, quantitative modeling, and small-cap market analysis. Ms. Baird received her BA in Economics from the University of Richmond, and she is a CFA charter holder and member of the CFA Institute.

    + Read More
  • Macon Clarkson, CFA
    Managing Director

    Macon Clarkson joined Private Advisors in 2006. Prior to joining Private Advisors, Ms. Clarkson was an Associate on the High Yield Syndicate desk at Lehman Brothers, where she helped structure, market, price, and allocate high-yield bond offerings. From 2000 to 2003, Ms. Clarkson was an Analyst in the Global Leveraged Finance Group at Lehman Brothers, where she performed credit analysis, financial modeling, covenant analysis, and due diligence for potential and mandated bridge loan, leveraged loan and high-yield bond transactions. Ms. Clarkson received a BS with distinction in Commerce with concentrations in Finance and Management from the University of Virginia’s McIntire School of Commerce, and she is a CFA charter holder and member of the CFA Institute.

    + Read More
  • Bryan F. Durand, CFA
    Managing Director

    Bryan Durand joined Private Advisors in 2010. Prior to joining Private Advisors, Mr. Durand was a senior research analyst at MFC Global Investment Management (U.S.), LLC, where he provided fundamental research for several value-based investment strategies. Prior to joining MFC, Mr. Durand was an equity research analyst at Thompson, Siegel & Walmsley, where he supported a small- and mid-cap value team. Earlier, Mr. Durand was a summer equity research associate at Smith Barney/Citigroup, a controller at Silverstream Software, Inc, and a senior auditor at Ernst and Young. Mr. Durand holds an MBA from Duke University’s Fuqua School of Business and a BA from the College of the Holy Cross, and is a CFA charter holder and member of the CFA Institute.

    + Read More