Campbell Lutyens
Encyclopedia
Campbell Lutyens is an independent private equity
advisory firm exclusively focused on primary fundraising and secondary transactions
in the private equity
and infrastructure
markets. The firm has offices in London
, New York
and Hong-Kong and comprises a team of over 50 professionals representing over 17 nationalities.
Campbell Lutyens was founded in 1988 by John Campbell, Richard Lutyens (deceased) and Bill Dacombe. Campbell, after starting his career at NM Rothschild was an executive director of Noble Grossart, an Edinburgh-based merchant bank. Lutyens was formerly a director of SG Warburg and of Merrill Lynch International
. Dacombe was formerly a director of NM Rothschild and Royal Bank of Scotland
.
Campbell Lutyens has built-up a dedicated secondary
advisory team focused on providing advice to institutional investor
s, general partners
and other organisations on all aspects of the private equity sector, including the sale
and restructuring of portfolios.
In the USA, Campbell Lutyens is a registered broker dealer and a member of FINRA.
Additionally, Campbell Lutyens is a member of the British Venture Capital Association (BVCA), of the European Venture Capital Association (EVCA) and of the Association Française des Investisseurs en Capital (AFIC).
fundraising market, Campbell Lutyens faces competition from large investment banks (most notably Credit Suisse
and UBS
) as well as a range of independent firms (e.g. Atlantic-Pacific Capital
, Probitas Partners
and Triago
) and a few captive firms (e.g. Park Hill Group, an advisory business owned by The Blackstone Group).
Within the secondary
advisory space, other advisors also include investments banks (Credit Suisse
and UBS), as well as other established fund placement agents (e.g.Probitas and Triago
) and dedicated boutique firms (e.g. Cogent Partners
).
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
advisory firm exclusively focused on primary fundraising and secondary transactions
Private equity secondary market
In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....
in the private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
and infrastructure
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
markets. The firm has offices in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
and Hong-Kong and comprises a team of over 50 professionals representing over 17 nationalities.
Campbell Lutyens was founded in 1988 by John Campbell, Richard Lutyens (deceased) and Bill Dacombe. Campbell, after starting his career at NM Rothschild was an executive director of Noble Grossart, an Edinburgh-based merchant bank. Lutyens was formerly a director of SG Warburg and of Merrill Lynch International
Merrill Lynch
Merrill Lynch is the wealth management division of Bank of America. With over 15,000 financial advisors and $2.2 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York...
. Dacombe was formerly a director of NM Rothschild and Royal Bank of Scotland
Royal Bank of Scotland
The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
.
Business Lines
The firm operates two business lines:- Fundraising for private equityPrivate equityPrivate equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
and infrastructureInfrastructureInfrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
fund managers (as a placement agent). Campbell Lutyens assists private equity firms in raising funds and advises on all stages and aspects of the fundraising process including strategy, documentation and structuring. The firm acts typically for European, US and Asian managers raising funds of between $300 million and $5 billion from institutional investors globally.
- Advisory services for private equityPrivate equityPrivate equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
limited partners with a focus on the secondary marketPrivate equity secondary marketIn finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....
and on InfrastructureInfrastructureInfrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
secondaries. The firm also acts on behalf of General Partners of private equityPrivate equityPrivate equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
and infrastructureInfrastructureInfrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
funds when advising on the sale of direct secondary portfolios. Another advisory service line consists in advising on the restructuring of private equity fundPrivate equity fundA private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....
s. Typically, advisory transaction mandates range in size from $30 million to $3 billion.
Campbell Lutyens has built-up a dedicated secondary
Private equity secondary market
In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....
advisory team focused on providing advice to institutional investor
Institutional investor
Institutional investors are organizations which pool large sums of money and invest those sums in securities, real property and other investment assets...
s, general partners
Private equity firm
A private equity firm is an investment manager that makes investments in the private equity of operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital...
and other organisations on all aspects of the private equity sector, including the sale
Private equity secondary market
In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....
and restructuring of portfolios.
Regulations
Campbell Lutyens is authorised and regulated by the UK Financial Services Authority.In the USA, Campbell Lutyens is a registered broker dealer and a member of FINRA.
Additionally, Campbell Lutyens is a member of the British Venture Capital Association (BVCA), of the European Venture Capital Association (EVCA) and of the Association Française des Investisseurs en Capital (AFIC).
Competitors
Within the private equityPrivate equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
fundraising market, Campbell Lutyens faces competition from large investment banks (most notably Credit Suisse
Credit Suisse
The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
and UBS
UBS AG
UBS AG is a Swiss global financial services company headquartered in Basel and Zürich, Switzerland, which provides investment banking, asset management, and wealth management services for private, corporate, and institutional clients worldwide, as well as retail clients in Switzerland...
) as well as a range of independent firms (e.g. Atlantic-Pacific Capital
Atlantic-Pacific Capital
Atlantic-Pacific Capital is a leading independently-owned placement agent. APC has established relationships with a network of institutional investors in North America, Europe, the Middle East, Australasia, and the emerging markets to which it markets private equity funds.Founded in 1995, APC has...
, Probitas Partners
Probitas Partners
Probitas Partners is a global investment bank focused on raising capital as a placement agent for private equity fund sponsors as well as providing portfolio management and liquidity solutions, through the private equity secondary market, for investors in private equity. The firm operates through...
and Triago
Triago
Triago is a leading global placement agent, specializing in raising capital for private equity investment firms from a range of institutional investors...
) and a few captive firms (e.g. Park Hill Group, an advisory business owned by The Blackstone Group).
Within the secondary
Private equity secondary market
In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....
advisory space, other advisors also include investments banks (Credit Suisse
Credit Suisse
The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
and UBS), as well as other established fund placement agents (e.g.Probitas and Triago
Triago
Triago is a leading global placement agent, specializing in raising capital for private equity investment firms from a range of institutional investors...
) and dedicated boutique firms (e.g. Cogent Partners
Cogent Partners
Cogent Partners is a boutique, private equity-focused investment bank and advisory firm and was one of the first advisory firms dedicated to transactions in the private equity secondary market . The firm, which was founded in 2002, provides an array of sell-side advisory services such as secondary...
).
External links
- Campbell Lutyens (official website)
- Campbell Lutyens profile, British Venture Capital Association directory
- UK Financial Services Authority
- Marathon of Marathons, Athens 2010