Mon, Feb 8, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Northill Capital may invest in another emerging fund manager next year

Friday, May 16, 2014

amb
Jon Little
Benedicte Gravrand, Opalesque Geneva for New Managers:

Northill Capital, an investor in asset managers, agreed to acquire a majority interest in Longview Partners earlier this month. That will be its fifth investment.

Northill takes things slowly with asset managers; the partners want to make sure they get to know them well and that can take a few years – they don't want to take the risk of losing money over fickle characters. But when the partners are invested, it is akin to a marriage contract. And the few emerging managers that are in Northill’s still small collection get quite a bit of help to get off the ground.

Established in London in 2010 by Jon Little, with substantial financial backing from trusts associated with the Bertarellis, a powerful European family, as well as from the four partners (three of whom are ex-BNY Mellon A.M. directors), Northill Capital's long-term strategy is to build a portfolio of high quality specialist asset managers, which involves buying 50% to 80% of the managers’ equity.

Northill currently owns stakes in European sub-investment grade credit manager Goldbridge Capital Partner......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider