Michael Burry joins Minerva Investment Management as senior advisor

Michael Burry has joined Minerva Investment Management as a senior advisor. The new short-biased hedge fund is being developed by Lakshmi Ganapathi and the Unicus Research team.

Minerva is positioned as a dedicated short-biased vehicle designed to provide capacity for allocators seeking to hedge against potential market downturns. Burry’s role is advisory rather than managerial; he will not oversee day-to-day operations or make final trading decisions, but will instead help shape the fund’s strategic direction.

Unicus Research, the credit-analysis and short-selling firm behind Minerva, has worked with institutional clients since approximately 2020. The move follows the closure of Burry’s Scion Asset Management in November 2025.