Bireme Capital was founded in 2016 by co-founders Ryan Ballentine (CEO) and Evan Tindell (CIO), both MIT alumni with extensive experience from Ballentine Capital. Ryan Ballentine oversees operations, software infrastructure, business development, quantitative and macroeconomic analysis, holding a BS in Finance from MIT (2009) where he captained hockey and lacrosse teams, and worked 7 years as an investment analyst developing algorithmic trading strategies. Evan Tindell serves as Chief Investment Officer responsible for firm-wide investment strategy, bottom-up research, and portfolio management, holding a BS in Mechanical Engineering from MIT (2007) where he was a four-time All-American in tennis. Prior to their 7 years at Ballentine Capital, Evan spent 3 years as a professional poker player with notable tournament success including a 10th place finish at a European Poker Tour event.

Read More

Bireme Capital operates a concentrated, value-oriented, long/short equity strategy called 'Fundamental Value.' The firm generates alpha by identifying scenarios where investors are buying or selling securities for non-economic reasons. Their investment analysis relies primarily on fundamental analysis, focusing on undervalued equities to optimize client returns. The strategy emphasizes thorough bottom-up research and fundamental analysis to identify mispriced securities across global markets. The firm has increased international exposures, particularly in Japanese equities, where they see significant value opportunities due to historically poor returns and improving corporate governance. They have also refined their short-selling approach, moving away from highly speculative positions toward more conservative short bets grounded in economic fundamentals.

Read More