John Armitage (banker)

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.

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, Egerton Capital
Net worthUS$1.3 billion (September 2019)[1]
GB£600 million (Sunday Times Rich List, 2019)
TitleChief investment officer, Egerton Capital
Spouse(s)Catherine Armitage

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

References
  1. "Forbes profile: John Armitage". Forbes. Retrieved 7 September 2019.
  2. Times, The Sunday (2019-05-12). "Rich List 2019: profiles 201-249=". ISSN 0140-0460. Retrieved 2019-09-25.
  3. Hamilton, Peter (6 March 2019). "Who is Ireland's newest billionaire?". Irish Times. Retrieved 7 September 2019.
  4. CMS, Copia. "Website Disclaimer". www.egertoncapital.com. Retrieved 28 January 2018.
  5. "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. 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.
  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.
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