Kestrel Partners LLP registers with the SEC

05 June 2015

5 June 2015 Kestrel Partners LLP is pleased to announce that it has successfully been registered as an Investment Adviser with the US Securities and Exchange Commission. Ari Zaphiriou-Zarifi, chairman of Kestrel Partners LLP, commented “This registration is an important step in Kestrel’s development allowing us to broaden our client base to include US institutional and family office clients. We believe that demand from these investors for Kestrel’s fund management strategies reflects on the quality…

View More


Kestrel Investment Partners appoints Chris Errington as head of Small Cap research

01 June 2015

1 June 2015 Kestrel Investment Partners (“Kestrel”) is pleased to announce that it has appointed Chris Errington as head of Kestrel’s UK small cap research. Chris has extensive hands on experience in running smaller companies, having been Chief Executive of Gresham Computing plc for five years where he led the successful turnaround of this London main market technology company. Prior to this, Chris was Chief Financial Officer of Gresham Computing. Chris holds a first class…

View More


Kestrel exits its holding in Ashcourt Rowan generating an IRR of 34%

21 May 2015

21 May 2015 Following completion of the takeover of Ashcourt Rowan by Towry Holdings Ltd in May 2015 for £120m, Kestrel announces that is has fully exited its holding in the Company. The exit crystalises a profit of £6.3m for the Kestrel Opportunities fund yielding a return on invested capital of 2.3x and an IRR of 34%. Kestrel first invested in Ashcourt Rowan in October 2010 and supported the company as it went through a…

View More


Kestrel Investment Partners signs £25m Managed Account with a University Endowment Fund

01 May 2015

1 May 2015 Kestrel Investment Partners (“Kestrel”) is pleased to announce that it has been appointed as discretionary investment manager to a £25 million managed account for a University Endowment Fund.  The account will be invested in UK based small and micro-cap companies quoted on either AIM or the Official List. The individuals responsible for investment of the account will be Max Royde and Oliver Scott, overseen by the Kestrel small cap Investment Committee. Ari…

View More


Kestrel exits its holding in Incadea generating an IRR of 46%

23 January 2015

23 January 2015 Following completion of the takeover of Incadea PLC by Dealertrack Technologies Inc. in January 2015 for £122m, Kestrel announces that is has fully exited its holding in the Company. The exit crystalises a profit of £5.7m for the Kestrel Opportunities fund yielding a return on invested capital of 2.0x and an IRR of 46%. Kestrel first invested in Incadea in May 2012 and supported the company as it went through a period…

View More