​TPRV, Relative Value Fund Spawned From Harvard Shakeup, Doubles AUM

Harvard Capital Management has long been an incubator for future funds, but the decision to slash its internal trading capabilities early last year has seen a sudden proliferation of different firms with backing from the endowment. Daniel O’Leary recently discussed the strategy behind one of those nascent relative value funds with Michele Toscani, co-founder and co-cio at ‎TPRV Capital in Boston.