For a Net fund portfolio manager, Omar Rivero's resume looks decidedly offline. Prior to launching iMillennium Capital Management, Rivero ran his own private money management firm, Rivero Investment Management , since 1996. While these past few years have been tech-centric, Rivero has only cut his teeth during the Net boom. It bears some consideration if you plan to sink your money into this fund. It would seem the iMillennium Fund has had some difficulty attracting new investors.
Investors just feel more comfortable with a fund manager that has some battle scars.
Go back four years, and you'd find Rivero practicing law at a Texas firm. There's a golden rule on Wall Street that when your dentist starts talking about going into the business of giving investment advice, you know you've arrived at a market top. That goes double for lawyers. Copyright 2001 INT Media Group, Incorporated All Rights Reserved.