Toscafund Asset Management
| Industry | Asset management |
|---|---|
| Founded | 2000 |
| Founder | Martin Hughes |
| Headquarters | , |
| Products | Investments |
| AUM | US$5 billion (2022) |
| Website | Official website |
Toscafund Asset Management is a London-based specialist investment firm which is a major investor in Circle Health Ltd.
It has assets of £4 billion. The Chief Executive is ex Tiger Management employee, Martin Hughes, nicknamed, according to The Times, the 'Rottweiler'. Dr Savvas P Savouri is the chief economist and a partner in the firm.
It was involved in a long argument with Speedy Hire, 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 following the decline in the company's share price.
In January 2020, Toscafund announced that it owned 11.70% of the Stobart Group, this was subsequently increased to 18.8%.
In December 2020, Toscafund announced that it had sealed a takeover of TalkTalk Group which valued TalkTalk at £1.1 billion, taking it private. Toscafund was previously TalkTalk's second largest investor.