About us

Spear’s analysis method examines a company’s value chain and finds changes that could offer overlooked opportunities. The research process is rigorous: surveying customers, assessing financials, analyzing the quality of the leadership team, and uncovering differentiated products and untapped markets. The most suitable investment for the most significant impact isn’t usually what’s in vogue.

We gain an edge by paying attention where others aren’t. The opportunities uncovered aren’t just good for your returns but also good for the world. Spear builds products for people who care about where their investments go.

We believe a strategy based on fundamental analysis is the best way to invest actively and that we all deserve access to this level of elite asset management.

That’s why we started Spear. With our funds, whether you have $100 million or just a few hundred, you can take advantage of the same high-end strategies that private hedge funds and wealthy investors use.

Learn more about our funds and see how you can do more than passively track the market.

Ivana Delevska

Founder & CIO, Spear Invest

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Ivana Delevska

Ms. Delevska is the Founder and CIO of Spear. She founded the Advisor in 2021 after spending over a decade investing in industrial and industrial technology companies. Ms. Delevska spent 10 years as a Senior Analyst at several long/short hedge fund platforms: Citadel Asset Management, Millennium Management and Tiger Management.

Ivana started her career at JP Morgan in the Mergers and Acquisitions Group. She graduated from the University of Chicago in 2006 with a BA in Economics.

Senior Advisors

David Snyder
David Snyder has decades of experience investing in industrial and cyclical companies. Mr. Snyder held several senior leadership positions including Partner and Industrial Sector Head at Maverick Capital and Herring Creek Capital, and Cyclical Sector Portfolio Manager at Zweig Dimenna Partners and Pequot Capital. David started his career at Salomon Brothers and Donaldson Lufkin and Jenrette (DLJ) where he spent over 10 years as a senior Chemicals and Machinery Analyst, ranking first place by Institutional Investor for several years.

John Inch
John Inch was a leading industrial equity research analyst for over 25 years at Bear Stearns, BofA Merrill Lynch, Deutsche Bank and most recently Gordon Haskett Research Advisors. John was highly ranked for many years in the most influential sell side surveys. He started his career at Morgan Stanley after obtaining an MBA from Northwestern University’s Kellogg School of Management. During his long career on the sell-side, John was highly regarded for his out-of-consensus opinions and ob jective research.

Bryan Devenny
Bryan Devenny spent over 15 years as a Portfolio Manager managing industrials and materials portfolios at Millennium Management, Balyasny Capital Management, and UBS O’Connor. Bryan started his career at Price Waterhouse as a financial auditor. He holds an MBA from Northwestern University’s Kellogg School of Management.

Senior Advisors provide strategic advice to spear invest on as needed basis. They are not employees and are not compensated by the Advisor or the Fund.

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