John Armitage (investor)
John Armitage | |
|---|---|
| Born | December 20, 1959 |
| Nationality | British, Irish |
| Education | Eton College; Pembroke College, Cambridge (modern history) |
| Occupation | Hedge fund executive |
| Years active | 1981–present |
| Known for | Co-founder and chief investment officer of Egerton Capital |
John Christopher Armitage (born 20 December 1959) is a hedge fund executive holding both British and Irish citizenship. He co-established Egerton Capital and holds the position of chief investment officer. By October 2024, Forbes valued his fortune at approximately US$1.5 billion.
Early life
Armitage was born on 20 December 1959 and received his education at Eton College. He graduated in 1981 from Pembroke College, Cambridge with a degree in modern history.
Career
Starting his professional journey at Morgan Grenfell in 1981, Armitage advanced to become director of Morgan Grenfell Asset Management by 1991, a role he maintained until leaving in 1994.
That same year, he partnered with William Bollinger to found Egerton Capital, where he currently acts as chief investment officer. By the end of 2017, Egerton had expanded to manage assets totaling $18.8 billion. For the fiscal year ending March 2014, the firm generated profits amounting to £141.4 million, which were shared among its twelve partners.
In 2006, Armitage became a member of the investment board at the University of Cambridge.
The Sunday Times Rich List assessed his wealth at £600 million in 2019.
Personal life
Armitage lives in London with his wife, Catherine Armitage. In May 2017, he contributed £500,000 to the Conservative Party. However, by 2022, he redirected his political donations toward the Labour Party, supporting leader Keir Starmer and Shadow Health Secretary Wes Streeting.
He acquired Irish citizenship in 2018 and purchased an apartment on Park Avenue in New York City for US$18 million that same year.