Lansdowne Partners

Lansdowne Partners is an investment management organisation founded in 1998, one of Europe's oldest hedge funds. The firm primarily provides its services to pooled investment vehicles.[1]

Sir Paul Ruddock set up the firm with Steven Heinz in 1998. Ruddock retired in 2013. He is still a significant shareholder.[2] Heinz left the firm in 2014. He will continue to sit on fund boards. Major investors Peter Davies and Stuart Roden control the firm with Alex Snow as chief executive.[3]

Lansdowne manages $18bn. It had to shut two hedge funds in 2009. Its main fund, the $8.9bn Developed Markets fund, returned 18% in 2011/2. Morgan Stanley has a 19% stake in the firm.

References

  1. ↑ "Company Overview of Lansdowne Partners (UK) LLP". Bloomberg Businessweek. 17 December 2012. Retrieved 3 October 2014.
  2. ↑ "Sir Paul Ruddock to leave Lansdowne". Independent. 5 March 2013. Retrieved 3 October 2014.
  3. ↑ "Management reshuffle at Lansdowne Partners". Financial News. 12 May 2014. Retrieved 3 October 2014.

External links


This article is issued from Wikipedia - version of the Monday, January 25, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.