John Armitage (banker)
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John Christopher Armitage (born 20 December 1959) is a British-Irish billionaire hedge fund manager, the chief investment officer and a co-founder of Egerton Capital. According to The ''
Sunday Times Rich List The ''Sunday Times Rich List'' is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and published as a magazine supplement by British national Sunday news ...
'' in 2019, Armitage is worth £600 million.


Early life

John Christopher Armitage was born on 20 December 1959. He earned a degree in modern history from
Pembroke College, Cambridge Pembroke College (officially "The Master, Fellows and Scholars of the College or Hall of Valence-Mary") is a constituent college of the University of Cambridge, England. The college is the third-oldest college of the university and has over 700 ...
in 1981.


Career

Armitage joined
Morgan Grenfell Morgan, Grenfell & Co. was a leading London-based investment bank regarded as one of the oldest and once most influential British merchant banks. It had its origins in a merchant banking business commenced by George Peabody. Junius Spencer Morgan ...
in 1981, and was a director of Morgan Grenfell Asset Management from March 1991 until he left in 1994. Armitage and William Bollinger co-founded Egerton Capital in 1994. Armitage is the chief investment officer. In 2006, Armitage became a member of the investment board of the University of Cambridge. In the year to 31 March 2014, Egerton made a profit of £141.4 million, which was divided between its 12 partners. At the end of 2017, Egerton had $18.8 billion in assets under management.


Personal life

Armitage lives in London, England. He is married to Catherine Armitage. In May 2017, he gave £500,000 to the
Conservative Party The Conservative Party is a name used by many political parties around the world. These political parties are generally right-wing though their exact ideologies can range from center-right to far-right. Political parties called The Conservative P ...
. In 2022, Armitage left the Conservative Party and began donating to the Labour Party, with donations also made to the party leader Keir Starmer and Wes Streeting, the
Shadow Health Secretary The Shadow Secretary of State for Health and Social Care is an office within British politics held by a member of His Majesty's Loyal Opposition. The duty of the office holder is to scrutinise the actions of the government's Secretary of State f ...
. In 2018, he acquired Irish citizenship. In February 2018, he purchased a Park Avenue, New York apartment for US$18 million.


References

{{DEFAULTSORT:Armitage, John Living people British hedge fund managers 1959 births Alumni of Pembroke College, Cambridge Commanders of the Order of the British Empire Conservative Party (UK) donors Labour Party (UK) donors British billionaires Irish billionaires British emigrants to Ireland Irish financial businesspeople Naturalised citizens of Ireland Chief investment officers