RIT Capital Partners plc

RIT Capital Partners plc (RITCP), established in 1988, is an investment trust listed on the London Stock Exchange, with "a widely diversified portfolio currently valued at about £700 million."[1]

• RITCP owns Spencer House and other St. James's Place properties in London.

• RITCP is managed by J. Rothschild Capital Management Limited, its wholly-owned subsidiary which is regulated by the FSA in the conduct of investment business and whose registered office is at 27 St James's Place, London SW1A 1NR. J. Rothschild Capital Management Limited acts as RITCP Corporate Secretary.[2]

• NR Ventures Ltd. is the venture capital arm of Nathaniel [Jacob] Rothschild. RIT Capital Partners PLC is an investment trust quoted on the London Stock Exchange whose chairman is Lord Rothschild.

RITCP's Ten Largest Investments

(excluding Treasury and Property) as of February 28, 2003

• Investment Holdings
• Wellington Global Research (mutual fund/long-term total returns)
• Shinsei Bank (retail banking and corporate advisory)
• Royal Dutch Petroleum
• Esporta Group
• Atticus International (offshore fund specializing in merger arbitrage)
• Tinicum Partners (fund concentrated on merger arbitrage and investment in distressed securities)
• Power Measurement (energy measurement system for energy suppliers and consumers)
• The Economist Newspaper
• Getty Images (stock photography)
• LUKOIL (oil and gas in Russia)

Board of Directors

• Lord Jacob Rothschild/Nathan Rothschild, non-executive director (1988); executive director (1996)
• Charles Bailey, non-executive director (1988)
• Timothy Barakett, President of Atticus Capital, Inc. and Atticus Mgmt
• Mikael Breuer-Weil, non-executive director (1988)
• Duncan Budge, executive director and COO (August 1995); director J. Rothschild Capital Management Limited since 1988
• Andrew Knight, non-executive director (1996)
• Baron Lambert, non-executive director (1988); President, Global Asset Mgmt (Schwiez) AG
• Jean Pigozzi, non-executive director (1988); private investor
• Michael Sofaer, non-executive director (1999)

"Rockefellers and Rothschilds Unite"

On 30 May, 2012, it was announced that RIT Capital Partners "is to buy a 37 per cent stake in" Rockefeller Financial Services. "The deal stemmed from a meeting two years ago when Mr Rockefeller introduced" Lord Jacob Rothschild "to the US group’s chief executive, Reuben Jeffery. In a follow-up meeting one year later at Lord Rothschild’s office at Spencer House in London, the financier won Mr Jeffery’s blessing for opening talks to buy a stake in the Rockefeller group."

Resources and articles

Related Sourcewatch

• Lord Myners
• Graham Thomas - former chair