SEC Filings

QVR Advisors 62.52% AUM Increase to $1B.

Written by Radient AI | Jun 16, 2023 1:10:56 PM

Based in San Francisco, California, QVR Advisors, an investment firm specializing in alternative investments for savvy institutional investors, has seen considerable growth and transformation over the past year.

The firm prides itself on managing data-driven, options-focused strategies across absolute return, risk premium, and hedging. Its main stakeholders include Dr. Benjamin Eifert, the principal owner, Managing Member, and Chief Investment Officer of QVR.

QVR Advisors provides investment advisory services on a discretionary basis to private pooled investment vehicles. It also offers investment sub-advisory services to an institutional segregated portfolio.

According to the latest Form ADV filings between March 2022 and May 2023, QVR has made significant strides in terms of growth and development.

During this period, QVR maintained its accounts at 6 and boosted its employee count from 7 to 12. The most significant change, however, was the 62.52% increase in total assets under management (AUM) which grew from $672,351,396 to $1,092,679,540.

This period also saw some notable changes in three of QVR's private master funds:

PCH Manager Fund, SPC - Segregated Portfolio 212

  • Changes in beneficial owners from 5 to 4.
  • Related persons ownership dropped from 1% to 0%.
  • Gross asset value increased from $361.57M to $396.67M.
  • Fund of funds ownership rose from 0% to 100%.
  • Changes in the director list with the removal of John Ackerley, Michelle Wilson-Clarke, and Vince Cuticello.
  • The appointment of new administrators: Citco.
  • Transition of custodianship from The Northern Trust Company to Citco Bank and Trust Company Limited.
  • Shift of auditors from Ernst & Young Ltd. to Deloitte & Touche LLP.

QVR Absolute Return Fund LP

  • Decrease in the number of beneficial owners from 33 to 26.
  • Related persons ownership dropped from 2% to 1%.
  • Gross asset value increased from $110.22M to $162.16M.
  • Fund of funds ownership rose from 0% to 39%.
  • Non-U.S. ownership decreased from 36% to 22%.
  • Addition of a private feeder fund named QVR Absolute Return Fund Ltd.
  • The appointment of new administrators, custodians, auditors, and prime broker: SS&C and Goldman Sachs & Co. LLC.

QVR ECLP Convexity Fund LP

  • Gross asset value increased from $120.73M to $317.75M.
  • The appointment of new administrators, custodians, auditors, and prime broker: SS&C and Goldman Sachs & Co. LLC.
 
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