Thoughtful investing.
For long-term thinkers.
Our investment methodology is built on deep fundamental analysis. We examine a company’s entire value chain to identify untapped potential.
Where can we find untapped potential?
We rigorously assess financials, leadership quality, customer insights, and market positioning to uncover companies poised for long-term growth.
The best investments aren’t always what’s trending. They’re the ones with real staying power. Our research process prioritizes durability over hype, ensuring strong fundamentals and strategic insight drive each decision.
Spear’s funds are built for investors who care—not just about returns but about where their capital is going. By aligning investments with well-managed, high-potential businesses, we aim to deliver financial gains and meaningful impact.
Ivana Develska is the Founder and CIO of Spear. She founded Spear after spending over a decade as a Senior Analyst at several long/short hedge fund platforms: Citadel Asset Management, Millennium, and Tiger Management.
She graduated from the University of Chicago in 2006 with a BA in Economics and started her career at JP Morgan in the Mergers and Acquisitions Group.
We can’t predict the market, but we can prepare for it. Spear’s research-driven strategy focuses on identifying businesses that are built to last. Our selection process considers:
01
How well a company can defend its market share and sustain growth.
02
Assessing revenue durability and financial health.
03
Evaluating management teams for long-term strategic vision.
04
Understanding what could impact future performance.
05
Placing each investment in the context of broader industry movements.
Spear is backed by a team of experienced advisors with deep expertise in industrials, materials, and cyclical sectors:
These senior advisors provide strategic insights, helping Spear navigate complex market environments and uncover unique opportunities. They are not compensated by the Advisor or the Funds.
About
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.
About
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.
About
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.
These senior advisors provide strategic insights, helping Spear navigate complex market environments and uncover unique opportunities. They are not compensated by the Advisor or the Funds.
If you’re ready to take a smarter, research-driven approach to investing, explore what a Spear fund can do for your long-term strategy.