Toscafund Asset Management is a London-based specialist investment firm which is a major investor in

Circle Health Ltd Circle Health Group is a private healthcare provider in the United Kingdom, co-founded in 2004 by former investment banker Ali Parsa and consultant ophthalmologist Massoud Fouladi. The company is currently led by former lastminute.com Finance D ...

. It has assets of £4 billion. The Chief Executive is ex

Tiger Management Tiger Management Corp., also known as "The Tiger Fund", is an American hedge fund and family office founded by Julian Robertson. The fund began investing in 1980 and closed in March 2000/01. It continues to operate today in direct public equity ...

employee, Martin Hughes, nicknamed, according to ''

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'', the '

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'. Dr Savvas P Savouri is the chief

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

and a partner in the firm. It was involved in a long argument with

Speedy Hire Speedy Hire plc, doing business as Speedy, is a provider of tools and equipment hire, based in the United Kingdom, and also provides services to the construction, infrastructure, industrial markets. The company was founded in Wigan in 1977, and no ...

, where it is a major investor, attempting to replace the chairman, Jan Astrand, whom it accuses of “egregious corporate governance failings”. In September 2017, Toscafund Asset Management launched 300 million euro ($359.34 million) private equity fund that focus on small and mid-sized companies. In December 2019, Toscafund purchased 12% of

Ted Baker Ted Baker is a British high-street clothing retail company known for suits, shirts, and dresses. It was founded in 1988 in Glasgow, Scotland. The company is owned by Authentic Brands Group, after its £211 million acquisition in October 2022. T ...

following the decline in the company's share price. In January 2020, Toscafund announced that it owned 11.70% of the

Stobart Group Esken Limited (), formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland. The company is registered in Guernsey but has its operational head office in Londo ...

, this was subsequently increased to 18.8%. In December 2020, Toscafund announced that it had sealed a takeover of

TalkTalk Group TalkTalk Telecom Group plc (commonly known as TalkTalk Group, trading as TalkTalk) is a company which provides pay television and Internet access services to businesses and consumers in the United Kingdom. It was founded in 2003 as a subsidiary ...

which valued TalkTalk at £1.1 billion, taking it private. Toscafund was previously TalkTalk's second largest investor.

References

{{reflist Tiger Management Investment management companies of the United Kingdom