John Armitage (investor)
British banker (born 1959)
From Wikipedia, the free encyclopedia
John Christopher Armitage (born 20 December 1959) is a British and Irish hedge fund manager. He is the co-founder and chief investment officer of Egerton Capital. As of October 2024, Forbes estimated his net worth at US$1.5 billion.[1]
20 December 1959
- UK
- Ireland (since 2018)
John Armitage | |
|---|---|
| Born | John Christopher Armitage 20 December 1959 |
| Citizenship |
|
| Education | Pembroke College, Cambridge |
| Occupation | Hedge fund manager |
| Title | Co-founder and chief investment officer of Egerton Capital |
| Spouse | Catherine Armitage |
Early life
John Christopher Armitage was born on 20 December 1959.[2] He was educated at Eton College,[3] and 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]
In 2019 the Sunday Times Rich List estimated his net worth as £600 million.[11]
Personal life
Armitage lives in London, England.[1] He is married to Catherine Armitage.[2]
In May 2017, he gave £500,000 to the Conservative Party.[12] 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.[13]
In 2018, he acquired Irish citizenship.[1] In February 2018, he purchased a Park Avenue, New York apartment for US$18 million.[2]