Fri, Oct 28, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2014

Seeders' Corner: Latest developments within the fund seeding space

Northill Capital may invest in another emerging fund manager next year John Little

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 Partners (founded in 2011 in London); Asian value equity manager Ellis Munro Asset Management (2011, Singapore); insurance linked securities manager Securis Investment Partners (2005, London); and US equity growth manager Riverbridge Partners (1987, Minneapolis). The latest investment was in Longview Partners, a $19.5bn specialist asset management firm focused on global equities portfolio management, based in London and Guernsey and founded in 2001. This last deal took almost two years to be completed - although selecting startups usually take less time.

We asked Jon Little if he was planning on making more investments in start-ups. He told Opalesque that yes, h......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  2. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  3. Other Voices: Don’t mistake style for skill — The impact of style factors on trend follower performance[more]

    By John Dolfin, CFA Chief Investment Officer and Christopher Maxey, CAIA, Senior Portfolio Manager of Steben & Company: Managed futures have become an alternative asset class that is widely used by investors seeking overall portfolio diversification and absolute returns independent of the

  4. Opalesque Roundtable: Style drift, poor communications and credibility fatigue are biggest red flags for hedge funds investors[more]

    Komfie Manalo, Opalesque Asia: Style drift, poor communications and credibility fatigue are the biggest red flags for hedge funds investors, said participants of the latest 2016 Opalesque Investor Roundtable, sponso

  5. Barclay CTA Index down 0.40% in September (+0.10% YTD)[more]

    Managed futures traders lost 0.40% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.10% year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman, founder and president of BarclayHe