Toscafund Asset Management

Toscafund Asset Management is a London based investment firm which is a major investor in Circle Health Ltd[1]

It has assets of £4 billion. The Chief Executive is ex Tiger Management employee, Martin Hughes, nicknamed, according to The Times, the Rottweiler.[2] Dr Savvas P Savouri is the chief economist and a partner in the firm.[3]

It was involved in a long argument with Speedy Hire, where it is a major investor, attempting to replace the chairman, Jan Astrand, who it accuses of “egregious corporate governance failings”.[4]In September 2017, Toscafund Asset Management launched 300 million euro ($359.34 million) private equity fund that focus on small and mid-sized companies.[5][6]

In December 2019, Toscafund purchased 12% of Ted Baker following the decline in the companies share price. [7]

In January 2020, Toscafund announced that it owned 11.70% of the Stobart Group,[8] this was subsequently increased to 18.8%..[9]

References

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