Finisterre Capital LLP (London)


Finisterre Capital LLP is an adviser based in London. It manages $5.64 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2005.

Finisterre Capital provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Finisterre Capital: assets under management

The assets under management (AUM) of Finisterre Capital LLP is $5.64 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1170% since the beginning of its operation, and $4.48 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.64 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $433.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Finisterre Capital LLP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Finisterre Capital serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Finisterre Capital is pooled investment vehicles with 11 clients and $5.31 billion of assets under management. Among the 9 most similar advisory firms, Finisterre Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.64 billion for 13 clients. 69% of the firm’s clients are foreign persons or businesses.

Finisterre Capital also advises several private funds. Namely, ten hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $2,000,000.

Careers at Finisterre Capital LLP

The company employs 33 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Paul Crean Partner/ investment manager 1 Mar 2002 25% - 50% 5051479
Frode Foss Skiftesvik Partner/ investment manager/ cfo 1 Mar 2002 25% - 50% 5051483
Thomas Priday Partner/ investment manager/ ceo 1 Mar 2002 25% - 50% 5051487
Yan Carlos Swiderski Partner/ investment manager/ chief compliance officer 1 Mar 2002 25% - 50% 2413702
Paul Crean Partner 1 Oct 2002 Other 5051479
Frode Foss Skiftesvik Partner, board member and chief executive officer 1 Oct 2002 Other 5051483
Paul Raymond Crean Partner 1 Oct 2002 Other 5051479
Yan Carlos Swiderski Partner 1 Oct 2002 Other 2413702
Raphael Biosse Duplan Partner and board member 1 Feb 2006 Other 6038619
Pgi Finisterre Holding Company Ltd Partner 1 Mar 2010 Other foreign
Xavier Corin Mick Partner 1 Nov 2010 Other 6543300
Ursula Elizabeth Newman Chief compliance officer, chief legal officer 1 Jan 2011 Other 6039169
Pgi Finisterre Holding Company Ltd Partner 1 Jul 2011 Other foreign
Principal Global Investors Partner 1 Jul 2011 Other 109002
Finisterre Capital Uk Limited Partner 1 Jul 2011 25% - 50% foreign
Ellen W Shumway Board member 1 Jul 2011 Other 5590172
Nora Mary Everett Board member 1 Jul 2011 Other 5511200
James Patrick Mccaughan Board member 1 Jul 2011 Other 3074797
Ursula Elizabeth Newman Chief compliance officer, chief legal officer 1 Jul 2011 Other 6039169
James Patrick Mccaughan Board member 1 Nov 2011 Other 3074797
Ellen W Shumway Board member 1 Nov 2011 Other 5590172
Nora Mary Everett Board member 1 Nov 2011 Other 5511200
Xavier Corin Mick Partner 1 Nov 2011 Other 6543300
Darren Walker Partner 1 Aug 2013 Other 6543288
Darren John Walker Partner 1 Aug 2013 Other 6543288
Christopher David Hill Chief financial officer 1 Nov 2013 Other 6271221
Olivia Clare Erby Chief operating officer 1 Nov 2013 Other 5074992
David Andrew Burnside Partner 1 Jan 2014 Other 4722038
Ltd. Principal Global Financial (Europe) Ii Partner 1 Aug 2015 Other foreign
Ltd Principal Global Financial Services (Europe) Ii Partner 1 Aug 2015 Other foreign
Thierry Pierre Pudet Chief risk officer 1 Dec 2015 Other 6590349
Buchet Antoine Damien Partner 1 Jun 2016 Other 6674956
Hakan Sofuoglu Partner 1 Aug 2017 Other 4676679
Patrick Gregory Halter Board member 1 Mar 2018 Other 4372565
Michael Royston Thornton Chief financial officer 1 Feb 2019 Other 7082697

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Principal Life Insurance Company Shareholder 1 Sep 1998 75% - 100% 42-0127290
Inc. Principal Financial Services Shareholder 1 Oct 2001 75% - 100% 42-1520348
Inc. Principal Financial Group Shareholder 1 Oct 2001 75% - 100% 42-1520346
Finisterre Holdings Limited Shareholder 1 Jul 2011 75% - 100% foreign
Finisterre Holdings Limited (Malta) Shareholder 1 Jul 2011 75% - 100% foreign
Inc. Principal Financial Services Shareholder 1 Aug 2015 75% - 100% 42-1520348
Llc Principal Global Investors Holding Company Shareholder 1 Aug 2015 75% - 100% 27-0054180
Ltd. Principal Global Financial Services (Europe) Ii Shareholder 1 Aug 2015 75% - 100% foreign
Principal Global Financial Services (Europe) Ii Ltd Shareholder 1 Aug 2015 75% - 100% foreign

Based in London

The principal office where Finisterre Capital LLP performs its advisory services is located at 10 New Burlington Street, London, W1 S 3 Be, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 442032066910. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at finisterrecapital.com.