Satori Capital has announced its investment and acceleration partnership with Pavise Capital Management, LLC. Satori completed the $25 million investment as part of its Satori XL Partnership Program, which forms strategic acceleration partnerships with talented emerging investment managers that typically have at least a three-year track record and less than $100 million of AUM.
Based in Mahwah, New Jersey, and founded in 2011, Pavise manages a strategy centered on rigorous fundamental research aimed at identifying investments with favorable long-term trends and short-term catalysts that have the potential to generate high risk-adjusted returns. Pavise’s approach involves thorough and continuous analysis of public company data to anticipate shifts in competitive dynamics, business strategy, and market sentiment over time. As of August 31, 2019, the firm’s AUM is approximately $45 million.
“We are very impressed with Pavise’s ability to combine fundamental investing with a unique ability to efficiently and effectively identify catalysts by scrutinizing thousands of earnings reports, public filings, transcripts, and media materials in a short time, finding the needle of meaningful data in a haystack of information,” said James Haddaway, chief investment officer for Satori’s alternative investments platform and the Satori XL Program. “We also appreciate Pavise’s seven-year track record and its risk-management focus on capturing the upside of the S&P 500 while significantly limiting the downside.”
Pavise is led by Managing Partners Ben Lo and Kevin Lo. Ben serves as Chief Investment Officer and began studying financial markets from a young age. He spent many years developing a soft-catalyst-driven investment framework prior to launching Pavise in 2011. Kevin joined Pavise full-time in 2015, primarily focusing on investment research but also overseeing the firm’s finance and operations. Prior to joining Pavise, he worked as an investment banker advising on mergers and acquisitions with total transaction value exceeding $18 billion.
Pavise recently announced the appointment of a Chief Operating Officer, Rajpal Arulpragasam. Rajpal has nearly three decades of experience in the alternative investment industry. He has operated a series of hedge funds across a variety of asset classes, beginning with Archetype Risk Advisors, Inc. in 1992 and including Arktos LLC, in which he partnered with short seller Jim Chanos to create a market-neutral fund to isolate and deliver short alpha.
“We couldn’t ask for a better partner than Satori,” said co-founders Ben Lo and Kevin Lo. “Satori’s experience launching and leading firms will be invaluable to us as we grow in operations, recruiting, business development, and other areas. The resources they provide will support us greatly as we continue to build a thriving and enduring business.”