John Armitage
Born
John Christopher Armitage

(1959-12-20) 20 December 1959
NationalityBritish
CitizenshipIrish (since 2018)[1]
EducationPembroke College, Cambridge
OccupationHedge fund manager
Known forCo-founder and chief investment officer, Egerton Capital
SpouseCatherine Armitage

John Christopher Armitage CBE (born 20 December 1959) is a British-Irish billionaire hedge fund manager, the chief investment officer and a co-founder of Egerton Capital.

According to The Sunday Times Rich List in 2019, Armitage is worth £600 million.[2]

Early life

John Christopher Armitage was born on 20 December 1959.[3] He earned a degree in modern history from Pembroke College, Cambridge in 1981.[4][5]

Career

Armitage joined Morgan Grenfell in 1981, and was a director of Morgan Grenfell Asset Management from March 1991 until he left in 1994.[6]

Armitage and William Bollinger co-founded Egerton Capital in 1994.[7][8][9] Armitage is the chief investment officer.[4]

In 2006, Armitage became a member of the investment board of the University of Cambridge.[5]

In the year to 31 March 2014, Egerton made a profit of £141.4 million, which was divided between its 12 partners.[10] At the end of 2017, Egerton had $18.8 billion in assets under management.[7]

Personal life

Armitage lives in London, England.[1] He is married to Catherine Armitage.[3]

In May 2017, he gave £500,000 to the Conservative Party.[11] In 2022, Armitage left the Conservative Party and began donating to the Labour Party, with donations also made to the party leader Keir Starmer and Wes Streeting, the Shadow Health Secretary.[12]

In 2018, he acquired Irish citizenship.[1] In February 2018, he purchased a Park Avenue, New York apartment for US$18 million.[3]

References

  1. 1 2 3 "Forbes profile: John Armitage". Forbes. Retrieved 7 September 2019.
  2. Times, The Sunday (12 May 2019). "Rich List 2019: profiles 201-249=". The Times. ISSN 0140-0460. Retrieved 25 September 2019.
  3. 1 2 3 Hamilton, Peter (6 March 2019). "Who is Ireland's newest billionaire?". Irish Times. Retrieved 7 September 2019.
  4. 1 2 CMS, Copia. "Website Disclaimer". www.egertoncapital.com. Retrieved 28 January 2018.
  5. 1 2 "Cambridge announces Investment Board". cam.ac.uk. 11 January 2006. Retrieved 28 January 2018.
  6. "John Armitage - Fund Manager Fact Sheet - Schroders - Citywire". citywire.co.uk. Retrieved 28 January 2018.
  7. 1 2 CMS, Copia. "Website Disclaimer". www.egertoncapital.com. Retrieved 28 January 2018.
  8. "Egerton Capital (UK) LLP: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 28 January 2018.
  9. Editorial, Reuters. "RPT-Hedge fund firm Egerton shuts door to new money - sources". reuters.com. Retrieved 28 January 2018. {{cite web}}: |first= has generic name (help)
  10. "Hedge fund pays 12 people £141m after stellar year". efinancialcareers.com. 19 November 2014. Retrieved 28 January 2018.
  11. Cahill, Helen (18 May 2017). "Party donors: Here are the big names bank-rolling the Conservative campaign". cityam.com. Retrieved 28 January 2018.
  12. Grylls, George (11 August 2022). "Former Tory backer John Armitage makes donation to Keir Starmer". The Times. Retrieved 12 August 2022.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.