Jon Moulton takes stake in Seneca Investment Managers

Jon Moulton takes stake in Seneca Investment Managers

VETERAN private equity investor Jon Moulton has bought a stake in Seneca Investment Managers, the new fund management arm of Seneca Partners Group.

Mr Moulton, who rose to fame with Alchemy Partners before leaving to set up Better Capital has taken a “significant minority shareholding” through his family office, Perscitus Advisers.

In late January, Seneca Investment Managers acquired for up to £6.4m – subject to regulatory approval – Liverpool-based Miton Capital Partners, a profitable and successful fund division of Miton Group.

Mr Moulton said: “Seneca Investment Managers is a firm with a huge amount of upside potential. Under Stuart Eaton’s leadership, I have no doubt that an already successful fund management team will go from strength to strength. We have a lot planned for the new company and are backing it to become a major force within UK financial services.”

Stuart Eaton, chief executive of Seneca Investment Managers, added: “For someone of the calibre of Jon Moulton to invest in Seneca Investment Managers suggests that our vision for the company is on the right track.

“Seneca Investment Managers is not simply about offering a more holistic proposition to our existing clients but building a challenger brand in the broader UK fund management sector.”

Important information

This information is of a general nature and does not constitute an offer to provide services.

The opinions and conclusions given here are those of Seneca Partners and are subject to change without notice.

The value of investments and/or any income arising from them may fluctuate.

Past performance is not necessarily a guide to future performance.

Important notice

The products and services shown on this website place capital at risk. Investors may receive less in returns than they have invested. Investments may not allow for capital to be withdrawn on demand. If an investment provides tax relief then this relief is subject to change and is dependant on personal circumstances. Any reference to past performance or forecasted performance is not a reliable indicator of future performance.

Seneca Partners recommends that any investor seeks specialised financial and/or tax advice before investing. Seneca Partners does not provide advice and the information on this website, including but not limited to news, should not be construed as such.

Please confirm that you understand this warning and wish to proceed.