Gladstone Capital Management LLP
Gladstone Capital Management LLP is an investment management firm headquartered in London, United Kingdom. The firm primarily focuses on managing assets and investment funds, including both debt and equity investments, and is affiliated with the broader Gladstone Companies group, which is also active in U.S. private credit and equity markets. Founded in the early 2000s (precise year not readily available), Gladstone Capital Management LLP is believed to employ around 19 professionals and serves institutional investors through its fund and portfolio management activities.
Investment Strategy
Gladstone Capital Management LLP primarily manages a diversified portfolio of debt and equity investments, focusing on small and medium-sized business lending. Their approach typically emphasizes senior term loans, senior subordinated, and junior subordinated loans, as well as select equity investments, with an aim to generate current income and long-term capital appreciation. The firm generally seeks to maintain a high allocation to debt (circa 90%) with a minority portion in equity, and targets investments that can deliver both regular distributions and growth in underlying asset values. Investments are often structured to allow for capital gains and income generation through disciplined underwriting and risk management.
Top Holdings
Equity Positions (22)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
P PM | Philip Morris International Inc | 13.66% | $132.4M | 727,159 | $121.40 | $182.13 | +$14.1M |
I ICE | Intercontinental Exchanges Inc | 11.62% | $112.6M | 613,854 | $161.93 | $183.47 | +$11.8M |
A ACGL | Arch Capital Group Ltd | 10.95% | $106.2M | 1,165,926 | $76.14 | $91.05 | -$15.4M |
M META | Meta Platforms Inc | 10.88% | $105.5M | 142,894 | $582.05 | $738.09 | -$16.1M |
A AMZN | Amazon.com Inc | 10.38% | $100.6M | 458,333 | $219.34 | $219.39 | +$15.0M |