Minerva Capital Management, the New York based Asset Manager, has launched a new fund, the Minerva Catalyst Strategies LP Fund.
Minerva is a deep value, bottoms-up, long-biased, hands-on activist fund. The founder and CEO Stanford Silverman (pictured), commented, “Minerva is aiming for exceptionally high risk-adjusted absolute returns, with targeted annual ROI portfolio performance north of 35 per cent.”
Silverman says: “Our team adds value by its unparalleled industry expertise, as well as Minerva’s frequently hands-on, value-enhancing involvement with the portfolio companies’ operations. Furthermore, we are at a significant investment inflection point for the industries Minerva targets, and, for which our team has a powerful pedigree, with a collective 50-year proven track record of performance.
“MCM intends to exercise a strict capacity discipline, so it will leave the manager flexible and nimble, with an absolute discretion to optimise returns for our investors.”