Pioneering Independent Equity Research

With unique insight and a creative approach

Pioneering Independent Equity Research

With unique insight and a creative approach

Pioneering Independent Equity Research

With unique insight and a creative approach

We are thrilled to announce that Professor Joseph Pacelli and Tonia Labruyere of Harvard Business School recently published a case study on Arete Research’s coverage of Unity Software, where our deep fundamental research uncovered material issues overlooked by conflicted sell-side firms. HBS highlights Arete’s independence and depth of work as unique in the market. A terrific team effort by David Mak, CFA, Rocco Strauss and Arete Founder Richard Kramer. For full Case study click here.

Arete is a trusted source of Equity Research to over 250 of the world’s most sophisticated tech investors.

Founded in early 2000 by leading analysts, Arete is a pioneer in independent equity research. With one of the largest teams of experienced TMT analysts, Arete covers sectors including Semiconductors, Enterprise Software and Cyber Security, Internet and e-Commerce and Telco, Cable and Media. Free from damaging conflicts of interest, Arete has been a trusted source of insight, helping 250 of the world’s leading investors to better understand companies and sectors globally.

Integrity Free From Conflicts of Interests

Trusted 24 years experience in the industry

Excellence Top Rated Experienced Analysts

Our Values

Independence

We say what we truly believe, and stand by our convictions.

Integrity

We hold ourselves to ethics that we are proud of.

Excellence

We strive to be the best in everything we do.

Client Focus

Our clients always come first, building long term relationships of trust.

TeamWork

We attract exceptional people, who work collaboratively, sharing their ideas and knowledge.

Dedication

We are dedicated to our chosen sectors, allowing us to continually build on our sector network and expertise.

Our Team

Our analysts are recognised leaders in their field, with industry experience, deep relationships, and a lifelong commitment to their research sectors. They are supported by highly experienced and dedicated sales, finance and admin teams, operating in Europe, the US and Asia.

Analysts

Sales

Central

Richard Kramer

Senior Analyst

Richard Kramer

Senior Analyst

Richard is the main founder of Arete (formed in 2000), the pioneer of the independent equity research space (prior to the Wall Street scandals of 2001-2003) and is based in London. For over 20 years he has focused on the wider mobile internet space, including smartphones, digital consumer products, advertising technology and other internet services. He is a frequent and highly rated speaker at industry conferences, known for his frank dissection of industry hype and willingness to offer critical as well as positive comments on leading tech companies. Prior to founding Arete, Richard was for four years #1 ranked technology analyst in Europe at Goldman Sachs, and prior to that, worked for Nortel and at a prestigious Columbia University economics think tank.

Email: richard.kramer@arete.net

Phone: +44 (0)20 7959 1303 Coverage

Bio

Brett Simpson

Senior Analyst

Brett Simpson

Senior Analyst

Brett is a co-founder of Arete (formed in 2000) and is based in the firm's London office. He focuses on the global semiconductor component sector. Brett is a regular public speaker at industry events and after 17 years looking at the sector, has a wealth of experience to draw on. Prior to Arete, Brett spent two years at Goldman Sachs in an equity analyst role, specialising in European technology following three years with Ericsson UK, working in business development, covering all aspects of wireline and wireless telecom infrastructure.

Email: brett.simpson@arete.net

Phone: +44 (0)20 7959 1320 Coverage

Bio

Adam Shepherd

Senior Analyst

Adam Shepherd

Senior Analyst

Adam is responsible for Arete's Software & IT services coverage with ~25 years industry experience both as an analyst and as a technology consultant (systems integration). Leads a five person team that has created an extensive network of CIOs, CISOs and reseller contacts. Typically have >150 direct CIO/CISO interactions each year, predominantly with Fortune 2000 enterprises. This gives Adam and the team extensive insight into software vendor performance, opportunity and competitive dynamics. Feedback is shared directly with clients via the CIO Series and embedded into company specific research. The CIO conversations span a broad range of private and listed companies giving the team a perspective well beyond its formal coverage in enterprise software. He joined Arete in 2009 and is based in London. Prior to Arete, Adam spent nine years as an analyst at Dresdner Kleinwort and BNP Paribas, specialising in European software and IT services. Before this, he worked five years in technology consulting at PA Consulting Group, developing systems across a number of infrastructure and application platforms.

Email: adam.shepherd@arete.net

Phone: +44 (0)20 7959 1311 Coverage

Bio

Andrew Beale

Senior Analyst

Andrew Beale

Senior Analyst

Andrew joined Arete in 2003 and is based in the firm's London office. He focuses on telecoms/cable in US and EU. Prior to Arete, Andrew spent nine years as an analyst at several investment banks including Deutsche Bank and UBS, specialising in wireless and UK/EU telcos. Before this, he spent a year in corporate finance at Bankers Trust, and five years consulting at PA Consulting Group to telecoms and CATV operators, banks, regulators and customers.

Email: andrew.beale@arete.net

Phone: +44 (0)20 7959 1316 Coverage

Bio

Jim Fontanelli

Senior Analyst