EVR Research

EVR Research is an investment management firm based in Richmond, Virginia, specializing in managing long and short portfolios primarily in equity and equity-related instruments. The firm serves as the investment manager to private investment vehicles, employing a long/short strategy to achieve superior, long-term absolute returns. As of December 31, 2024, EVR Research had approximately $518 million in total gross assets under management on a discretionary basis.

The firm's investment strategy focuses on investing in U.S. equities with a concentrated portfolio approach, seeking to capitalize on market inefficiencies and mispricings. EVR Research employs a rigorous research process involving Business Evaluation Framework, Safety-Minded Valuation Framework, and Key Investment Factors analysis. The firm charges an asset-based management fee between 1.0% to 1.5% per annum, deducted quarterly from the fund's net asset value. Performance-based compensation ranges from 15% to 20% of an investor's net profits, subject to certain conditions and loss carryforward provisions.

EVR Research's portfolio includes investments in sectors such as technology and healthcare, reflecting its focus on high-growth industries. The firm maintains a concentrated portfolio, aiming to deliver superior long-term absolute returns by investing in both long and short positions across U.S. equities and equity derivatives. This strategy is supported by fundamental bottom-up research to identify undervalued opportunities, with allocations concentrated in high-conviction ideas while maintaining diversification through selective positions in ETFs and options.