Capital provider to successful asset management firms

ALPHA STRATEGIC

Successful, privately owned asset managers often require capital to facilitate strategic initiatives at key stages of their development but do not want the constraints of a debt commitment or the day-to-day oversight that a majority shareholder might require.

Alpha Strategic provides passive minority capital to high quality asset management firms in either revenue share or structured equity form, enabling them to recapitalise their business whilst preserving their independence, culture and management autonomy.

Asset management firms use Alpha’s long-term capital to: recycle equity for the next generation; fund a liquidity event for a retiring partner or seed investor; or raise expansion capital to fund a new product launch, team lift out or acquisition.

We are a privately owned investment platform with long-term committed capital from a single source. Alpha has a focused investment strategy and offers partner firms an engaged and confidential relationship.

© 2016 ALPHA STRATEGIC All rights reserved. Use of this website is governed by the Conditions of Use.

About us

Alpha Strategic was established in 2005 as an AIM-listed UK company to be a buy and hold investor in a portfolio of minority stakes in the operating revenues of a diversified group of privately owned asset managers.

In 2011 Alpha strengthened its capital base via a share placing with Northill Capital, an independent asset management business founded in 2010 with substantial financial backing from interests associated with the Bertarelli Family. In 2013, full control of Alpha transferred to Northill as part of a buy-out of the minority shareholders and subsequent delisting of Alpha from AIM.

Approach

Alpha typically acquires an interest equivalent to between 10% and 25% of a firm’s enterprise value and believes that economic alignment and management freedom is best achieved through a revenue share structure. We have a bias for alternative asset managers with a focus on a single asset class or investment style and a repeatable investment process and a long-term track record. Although we also consider long-only businesses we do not invest in distribution-led firms, wealth management businesses, fund of fund businesses or passive management firms.

Alpha seeks to partner with firms where the majority of the equity ownership is held by the management team. We favour firms with a collegial and collaborative style where tenure of employment and client relationships are highly valued and where risk management and regulatory compliance are recognised as critically important success factors.

Asset management firms of a certain size are more relevant to institutional clients and are more likely to grow and attract a diversified investor base. We also believe that asset management firms at the appropriate size level can accommodate a minority capital partner and have the financial strength to withstand a market downturn. Whilst there is no upper limit to the size of a potential partner firm, we prefer investing in firms with assets under management of between $1 billion and $10 billion.

Northill Capital is an independent, privately held asset management business founded at the end of 2010 with substantial financial backing from interests associated with the Bertarelli Family. Northill’s long-term strategy is to build a portfolio of high quality specialist asset management businesses. Assets under management in which Northill owns a majority interest total $38.2 billion*. Northill brings deep industry experience and expertise and the patient, long-term application of substantial private capital to support skilled investment professionals in the development of their business.

* As at 31 March 2016

Alpha Strategic plc
1 Curzon Street
London W1J 5HD

info@alphastrategic.com
+44 (0) 20 7016 4113

Conditions of Use and Cookie Policy

Conditions of Use

Access to this website and the use of the information which appears on it (the ‘Contents') are governed by the following terms and conditions. These terms and conditions are important and they may affect your rights. Please take time to read them carefully each time you visit this website.

Reference in these terms to 'we', 'our' or 'us' is to Alpha Strategic plc (‘Alpha Strategic’).

The Contents are published solely for the purpose of providing general information about Alpha Strategic. The Contents are published by Alpha Strategic in good faith and have been taken from sources believed to be reliable. We have not verified all of the Contents. We do not represent that the Contents are accurate, complete or fair and they should not be relied on as such. We do not accept any liability for loss or damage whatsoever including loss of profit (whether direct, indirect or consequential) in respect of the use of this website or its content and we are not responsible for any interruptions or delays in service which may occur. The Contents, any opinions and estimates expressed therein are subject to change by us without notice.

This website is not intended to be used as a tool for providing investment advice on the merits or suitability of products and no information contained within this website should be construed as such. This website provides information about Alpha Strategic and does not provide advice to clients. Please seek your own legal, investment and tax advice as you deem appropriate. This website is for information only. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments.

Certain (hypertext) links on this website will lead to other websites which are not under our control. When you activate any of these you will leave the Alpha Strategic website and we give no endorsement nor accept responsibility or liability in respect of the content of such websites or any products or services offered through such websites.

We make no representation that this website is free from infection by viruses or anything else that has contaminating or destructive properties.

This website is established in England and these terms shall be governed and construed in accordance with English Law. When you use the website you accept that your use thereof shall be governed by the laws of England and if any dispute arises as to your use of this website, you agree to allow such dispute to be heard in the English courts. If any provisions of these terms shall be unlawful, void or for any reason unenforceable then that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions.

The Contents are © Alpha Strategic. Please note that all images and information contained on this website may be copyright works. The copyright and all other rights in all of the material on this website are owned by Alpha Strategic. Except for the making of a hard copy print for your own personal use only or the use of others in your organisation (or downloading the material for personal use or the use of others in your organisation only provided that you retain all copyright and proprietary notices), the material on this website may not be copied, reproduced, transmitted, distributed or displayed, by any means, without the express prior written consent of Alpha Strategic.

IP Addresses and Cookie Policy

IP Addresses and Cookies: We may collect information about your computer, including where available your IP address, operating system and browser type, for system administration and to monitor acceptance of our disclaimers. This is statistical data about our users’ browsing actions and patterns, and does not identify any individual. For the same reason, we may obtain information about your general internet usage by using a cookie file which is stored on the hard drive of your computer. Cookies contain information that is transferred to your computer’s hard drive. They help us to improve our site and to deliver a better and more personalised service. They enable us:

  • To store information about your preferences, and so allow us to customise our site according to your individual interests.
  • To speed up your searches.
  • To recognise you when you return to our site.

You may refuse to accept cookies by activating the setting on your browser which allows you to refuse the setting of cookies. However, if you select this setting you may be unable to access certain parts of our site. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies when you log on to our site.

Conditions of Use and Cookie Policy

I confirm that I have read, understood and accepted the Conditions of Use below

I accept

Conditions of Use

Access to this website and the use of the information which appears on it (the ‘Contents') are governed by the following terms and conditions. These terms and conditions are important and they may affect your rights. Please take time to read them carefully each time you visit this website.

Reference in these terms to 'we', 'our' or 'us' is to Alpha Strategic plc (‘Alpha Strategic’).

The Contents are published solely for the purpose of providing general information about Alpha Strategic. The Contents are published by Alpha Strategic in good faith and have been taken from sources believed to be reliable. We have not verified all of the Contents. We do not represent that the Contents are accurate, complete or fair and they should not be relied on as such. We do not accept any liability for loss or damage whatsoever including loss of profit (whether direct, indirect or consequential) in respect of the use of this website or its content and we are not responsible for any interruptions or delays in service which may occur. The Contents, any opinions and estimates expressed therein are subject to change by us without notice.

This website is not intended to be used as a tool for providing investment advice on the merits or suitability of products and no information contained within this website should be construed as such. This website provides information about Alpha Strategic and does not provide advice to clients. Please seek your own legal, investment and tax advice as you deem appropriate. This website is for information only. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments.

Certain (hypertext) links on this website will lead to other websites which are not under our control. When you activate any of these you will leave the Alpha Strategic website and we give no endorsement nor accept responsibility or liability in respect of the content of such websites or any products or services offered through such websites.

We make no representation that this website is free from infection by viruses or anything else that has contaminating or destructive properties.

This website is established in England and these terms shall be governed and construed in accordance with English Law. When you use the website you accept that your use thereof shall be governed by the laws of England and if any dispute arises as to your use of this website, you agree to allow such dispute to be heard in the English courts. If any provisions of these terms shall be unlawful, void or for any reason unenforceable then that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions.

The Contents are © Alpha Strategic. Please note that all images and information contained on this website may be copyright works. The copyright and all other rights in all of the material on this website are owned by Alpha Strategic. Except for the making of a hard copy print for your own personal use only or the use of others in your organisation (or downloading the material for personal use or the use of others in your organisation only provided that you retain all copyright and proprietary notices), the material on this website may not be copied, reproduced, transmitted, distributed or displayed, by any means, without the express prior written consent of Alpha Strategic.

IP Addresses and Cookie Policy

IP Addresses and Cookies: We may collect information about your computer, including where available your IP address, operating system and browser type, for system administration and to monitor acceptance of our disclaimers. This is statistical data about our users’ browsing actions and patterns, and does not identify any individual. For the same reason, we may obtain information about your general internet usage by using a cookie file which is stored on the hard drive of your computer. Cookies contain information that is transferred to your computer’s hard drive. They help us to improve our site and to deliver a better and more personalised service. They enable us:

  • To store information about your preferences, and so allow us to customise our site according to your individual interests.
  • To speed up your searches.
  • To recognise you when you return to our site.

You may refuse to accept cookies by activating the setting on your browser which allows you to refuse the setting of cookies. However, if you select this setting you may be unable to access certain parts of our site. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies when you log on to our site.

I confirm that I have read, understood and accepted the Conditions of Use above

I accept