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]
In 2007 it was a founder member of the Hedge Fund Standards Board which sets a voluntary code of standards of best practice endorsed by its members.[4]
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
- ^ "Company Overview of Lansdowne Partners (UK) LLP". Bloomberg Businessweek. 17 December 2012. Retrieved 3 October 2014.
- ^ "Sir Paul Ruddock to leave Lansdowne". Independent. 5 March 2013. Retrieved 3 October 2014.
- ^ "Management reshuffle at Lansdowne Partners". Financial News. 12 May 2014. Retrieved 3 October 2014.
- ^ Hedge Fund Standards Board. "HFSB Founders & Core Supporters". Retrieved 27 September 2016.
External links
 | This finance-related article is a stub. You can help Wikipedia by expanding it. |