John Armitage (banker)

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John Armitage
Born
John Christopher Armitage

(1959-12-20) 20 December 1959 (age 64)
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[edit]

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[edit]

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[edit]

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[edit]

  1. ^ a b c "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. ^ a b c Hamilton, Peter (6 March 2019). "Who is Ireland's newest billionaire?". Irish Times. Retrieved 7 September 2019.
  4. ^ a b CMS, Copia. "Website Disclaimer". www.egertoncapital.com. Retrieved 28 January 2018.
  5. ^ a b "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. ^ a b 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.
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