RIT Capital Partners Plc
RCP:LN
Latest Coverage
Overview
Company Profile
Established in 1988, RIT Capital Partners is an investment trust, which seeks to achieve long-term capital growth by investing primarily in quoted securities
Classification
Sector Finance
Industry Asset Management Services
Financials
News & Media
Corporate
Board of Directors
Lord Rothschild OM GBE
Chairman
Jacob Rothschild has chaired RIT since its flotation in 1988. He is also Chairman of the Nominations Committee. He is Chairman of J Rothschild Capital Management Limited and of its Investment Committee. Having left NM Rothschild & Sons in 1980, Jacob developed RIT\'s predecessor companies, co-founding companies in money management, insurance and investment, including Global Asset Management and St James\'s Place Capital plc. He served as Deputy Chairman of BSkyB Plc for five years, to 2008. He serves on a number of family office advisory boards as well as chairing his own family\'s office and the Rothschild Foundation. He is also the Honorary Vice Chairman of Edmond de Rothschild Group S.A. In addition to his career in finance he has been involved in public service including the arts, heritage and philanthropy having chaired The National Gallery, The National Heritage Memorial Fund and The Heritage Lottery Fund.
Francesco Goedhuis
Chief Executive of J Rothschild Capital Management
Francesco Goedhuis is Chief Executive of J Rothschild Capital Management (JRCM) which is the principal subsidiary of RIT Capital Partners plc and responsible for the day to day management of the Group. He joined the company as the Principal in the Chairman\'s Office in 2010. Previously, Francesco was in New York working for the Economics Laureate Robert Merton and the former Vice Chairman of J.P. Morgan Roberto Mendoza at IFL commercialising financial academic theory on both the buy and sell sides.
Ron Tabbouche
Investment Director
Ron Tabbouche is the Investment Director. He joined RIT in 2012 having previously been the Head of Investments for Managed Portfolios at GAM. At the age of 26, he joined GAM\'s Investment Committee, working with Gilbert de Botton, its co-founder. Subsequently, he led the overall investment strategy of multi-billion Dollar funds across a broad range of asset classes. Ron is also the Investment Director at the investment manager of philanthropic foundations connected to Lord Rothschild.
Andrew Jones
Chief Financial Officer
Andrew Jones is the Chief Financial Officer and Chief Risk Officer. Prior to joining RIT in 2008, he spent three years in venture capital and four years at Nomura, advising on its private equity investments as well as risk, global corporate development and strategy. He qualified as a chartered accountant with Deloitte where he specialized in valuation advice.
Jonathan Kestenbaum
Chief Operating Officer
Jonathan Kestenbaum is the Chief Operating officer. Until 2011 he was Chief Executive of Five Arrows Limited. He is also an adviser to the philanthropic foundations connected to Lord Rothschild. He was previously Chief Executive of NESTA (the National Endowment for Science, Technology and the Arts). Prior to this he was Chief of Staff to the Chairman of Apax, Sir Ronald Cohen. In January 2011, Jonathan Kestenbaum was appointed to the House of Lords and became Lord Kestenbaum of Foxcote.
Roberto Ruhman
Director
Roberto Ruhman is an Executive Director of JRCM and a member of the Investment Committee. His business career began as a trainee at Citibank Brasil, where he worked from 1980 to 1985 and returned in 1988 as head of corporate finance, after spending three years at Banco Safra. In 1991, Roberto founded Indosuez Capital Latin America, where he was the Managing and Founding Partner responsible for the start up and implementation of the investment banking presence of Banque Indosuez in Brazil. In 1996, he went to Banco Matrix, becoming the Managing Director and Partner in charge of Brazilian debt trading markets, equity investments and international sales efforts until 2002. From 2002 to 2005, Roberto was the Managing Director of Banco J. Safra responsible for the Safra Family\'s wealth. He went on to found RXZ Investimentos, an investment company focused in Brazilian listed and private equities.
Roberto Abbondati
Investment Analyst
Roberto Abbondati is an Investment Analyst. Prior to joining RIT, Roberto was a quantitative analyst at GAM responsible for managing a hedge fund replication strategy as well as providing macroeconomic and portfolio risk analysis across all of GAM\'s funds-of-hedge-funds. He started his career at Société Générale Corporate and Investment Bank as a sales-trader in the Global Equity and Derivatives Solutions group. Roberto received a BSc (Hons) in Physics and MRes (Distinction) in Bio-Physics from Imperial College, London. He is an Associate of the Royal College of Science, a Chartered Financial Analyst and holds Level 3 Certificates in Securities and Derivatives from the CISI.
Aron Balas
Public, Special Situations
Aron Balas is responsible for Public Investments within the Special Situations team. He previously worked as an Associate in the Financial Institutions Group within the Investment Banking Division at Morgan Stanley, where he advised major financial institutions across Europe with a focus on banks and asset managers. He started his career at Oliver Wyman in their financial services practice. Aron has a BA in Economics from Cornell University and an Msc in Economics from the London School of
Bilal Raja
Snr Portfolio Manager, Public Equity
Bilal is a Senior Portfolio Manager for the Public Equities team. He joins us from Ignis Asset Management, where he was responsible for driving their UK equity portfolios across a number of different sectors. Bilal has over 19 years experience in the investment sector.
Fauzia Choudhry
Assistant Analyst, Funds
Fauzia Choudhry is an Assistant Analyst supporting the funds team. Prior to joining JRCM she worked as an Executive Assistant at Spencer House Capital Management.
Philippe Le Gourrierec
Private, Special Situations
Philippe Le Gourrierec is responsible for Private Investments within the Special Situations team. Before joining RIT, Philippe worked in investment banking at Credit Suisse in the Energy team where he was an Associate and advised on a wide range of assignments in mergers and acquisitions, strategic advisory, equity and debt deals. Philippe holds an MSc in Management and Diplôme de Grande École from ESSEC Business School in France, as well as a postgraduate law degree from Pantheon-Assas Paris II University.
Hitesh Haria
Investment Analyst, Funds
Hitesh Haria is an Investment Analyst in the Investment Funds team. Hitesh is responsible for sourcing, researching and evaluating investment managers globally with a multi-asset class and strategy remit. Prior to joining RIT, he worked as an Investment Officer and Investment Analyst at The Atlantic Philanthropies and as a Money Markets Executive at Barclays Capital. Hitesh holds a BSc (Hons) in Business Mathematics & Statistics from the London School of Economics, a MSc (Distinction) in Finance from London Business School and is also a CFA charter holder.
James Marshall
Trader, Public Equity
James Marshall is responsible for trade execution at RIT. He previously spent 4 years at Gradient Capital, and 6 years at Adelphi Capital, both European focused Long/Short funds. He also spent 5 years at GSAM, running the centralised European trading desk. James has a BA (Hons) in Business Studies from Coventry University.
Simon Pitcher
Private, Special Situations
Simon Pitcher is responsible for Private Investments within the Special Situations team. Previously Simon was a Director at Standard Bank Private Equity, a Director at Blackwood Capital Partners in Sydney and an Investment Director at Hermes Private Equity. He qualified as a Chartered Accountant with PwC.
Trushant Shah
Snr Portfolio Manager, Funds
Trushant Shah is a Senior Portfolio Manager responsible for manager selection across asset classes and strategies. He previously held Senior Manager Research positions, with International Asset Management and ABN Amro. His investment career started in 1998 at Schroders Investment Management in the analytics team. Trushant graduated from Kings College, University of London in 1997 with a First Class BSc (Hons) in Mathematics and Management and was granted the most outstanding achievement award.
Garret Sheridan
Investment Analyst, Funds
Garret Sheridan is an Investment Analyst in the Investment Funds team. Garret is responsible for Operational Due Diligence on the underlying fund managers in the fund\'s portfolio. Prior to joining RIT, he worked as a Senior Analyst for MAN Investments and GLG Partners in New York and London and as a Management Accountant at NewFinance Capital (Schroders) in London. Garret holds a BBS (Hons) in Business Studies from Athlone Institute of Technology and is a Chartered Management Accountant.
Fahad Siddiqi
Snr Portfolio Manager, Public Equity
Fahad Siddiqi is a Senior Portfolio Manager responsible for our internally managed Public Equity holdings. Prior to joining RIT, Fahad was with MFS Investment Management, where he was a Portfolio Manager of a European Equity fund and a Sector leader of the International Consumer Cyclical Sector. Fahad was also responsible for sector coverage of the pan European Retail and Media sector. Fahad received a BSc Economics (Hons) from the London School of Economics and an MSc in Finance from the London Business School.