| Company type | Private company |
|---|---|
| Industry | Asset management |
| Founded | 2000 |
| Founder | Martin Hughes |
| Headquarters | , |
Key people | Martin Hughes (CEO) |
| Products | Investments |
| AUM | US$2 billion (2025) |
| Website | Official website |
Toscafund Asset Management is a British specialist investment firm which is a major investor in a number of companies including Circle Health Ltd. [1]
As of 2020 [update] , it had assets of £4 billion. The Chief Executive is ex Tiger Management employee, Martin Hughes, nicknamed, according to The Times , the 'Rottweiler'. [2] Dr Savvas P Savouri is the chief economist and a partner in the firm. [3]
Starting in 2016, it was involved in a long term argument with Speedy Hire, where it was a major investor, attempting to replace the chairman, Jan Astrand, whom it accuses of “egregious corporate governance failings”. [4] In September 2017, Toscafund Asset Management launched 300 million euro ($359.34 million) private equity fund that focus on small and mid-sized companies. [5] [6]
In December 2019, Toscafund purchased 12% of Ted Baker following the decline in the company's share price. [7]
In January 2020, Toscafund announced that it owned 11.70% of the Stobart Group, [8] this was subsequently increased to 18.8%. [9]
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. [10] [11]