Lancaster Investment Management LLP (London)


Lancaster Investment Management LLP is a large advisory firm based in London. It manages $2.36 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2011.

Lancaster Investment Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lancaster Investment Management: assets under management

The assets under management (AUM) of Lancaster Investment Management LLP is $2.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 601% since the beginning of its operation, and $2.26 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $472.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lancaster Investment Management LLP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lancaster Investment Management serves?

The only and largest group of clients of Lancaster Investment Management is pooled investment vehicles with 5 clients and $2.36 billion of assets under management. Among the 12 most similar advisory firms, Lancaster Investment Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.36 billion for 5 clients. 80% of the firm’s clients are foreign persons or businesses.

Lancaster Investment Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $10,000,000.

Careers at Lancaster Investment Management LLP

The company employs 15 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Matthew Thomas Wood has served as the Chief Investment Officer since 1 Nov 2007. Michael Edward Butler joined the executive team most recently as the Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Benjamin Roycroft Founding partner 1 Nov 2007 Other 5948427
Lancaster Investment Services Managing member 1 Nov 2007 75% - 100% foreign
Matthew Thomas Wood Chief investment officer 1 Nov 2007 Other 5948423
Mads Milan Idorn Thamsborg Investment analyst 1 Dec 2007 Other 5948432
Stephen Christopher Burgess Partner (non-executive) 1 Dec 2007 Other 5971939
Stephen Kemp Ikle Investment analyst 1 Jan 2008 Other 5948428
Kate Pitt Chief operating officer 1 Jun 2009 Other 5948433
Andrew Alexander Greetham Investment analyst 1 Jul 2010 Other 5948429
Daniel Patrick Wiener Chief executive 1 Oct 2010 Other 1707934
Christopher Richard Lamplough Partner 1 Jan 2011 Other 5435840
Oakley Capital Interests Partner (non-executive) 1 Feb 2012 Other foreign
Daniel Mark Davies Partner 1 Apr 2013 Other 1891014
Nicholas Dennis Robert Mayor Partner 1 Jul 2015 Other 6563270
Meg Lane Partner 1 Apr 2016 Other 5005941
Michael Edward Butler Partner 1 Apr 2018 Other 7119686

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lancaster Management (Jersey) Ltd 100% owner of lancaster investment services ltd 1 Aug 2007 75% - 100% foreign
Matthew Thomas Wood Shareholder 1 Aug 2007 50% - 75% 5948423
James Benjamin Roycroft Shareholder 1 Aug 2007 25% - 50% 5948427
Oakley Capital Management (Bermuda) Ltd Shareholder 1 Aug 2009 Other foreign

Based in London

The principal office where Lancaster Investment Management LLP performs its advisory services is located at 4 Th Floor, 60 Charlotte Street, London, W1 T 2 Nu, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 011 44 20 7842 1030 or by fax 011 44 20 7842 1031. The normal business hours are 02:30 to 13:00 est/edt on Monday - Friday. You can find more information about the New York firm at lancasterim.co.uk.