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Adviser Profile

As of Date 06/28/2024
Adviser Type - Large advisory firm
- Outside the United States
Number of Employees 17 70.00%
of those in investment advisory functions 12 100.00%
Registration SEC, Approved, 10/28/2011
AUM* 1,475,727,726 14.71%
of that, discretionary 1,475,727,726 14.71%
Private Fund GAV* 1,159,622,388 -7.33%
Avg Account Size 210,818,247 -34.45%
SMA’s No
Private Funds 3 1
Contact Info 011 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 1B 675M 338M
2015 2016 2017 2018 2019 2020 2021 2022

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$1,159,622,388

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Brochure Summary

Overview

Lancaster Investment Management LLP (hereinafter, the “Firm”) is a limited liability partnership formed under English law on 22 August 2007, founded by Matthew Wood and James Roycroft. The Firm is an asset management company with its principal place of business in London, United Kingdom. Lancaster Investment Services Limited is the managing member of the Firm and is a wholly owned subsidiary of Lancaster Management (Jersey) Limited. These entities are collectively known as “Lancaster”. The Firm currently provides investment advisory and management services on a discretionary basis, to qualified investors, through the following private funds: ▪ The Lancaster European LS Equity Master Limited; and ▪ The Lancaster European Equity Master Limited. (Collectively, the “Master Funds”). There are Investment Management Agreements in place between the Firm and the Master Funds. Various other funds (“Feeder Funds”) invest all their investible assets in the ordinary shares of the Master Funds, as outlined in Table 1 below. Table 1 - Feeder Funds Feeder fund Incorporated Invests in General Partner Lancaster European LS Equity Limited Cayman Islands (limited liability company) Lancaster European LS Equity Master Limited N/A Lancaster European Equity Limited Cayman Islands (limited liability company) Lancaster European Equity Master Limited N/A Lancaster European Equity LP Delaware (limited partnership) Lancaster European Equity Master Limited LAE General Partners Limited Both Master Funds are exempted companies incorporated with limited liability in the Cayman Islands,
each registered as a regulated mutual fund with the Cayman Islands Monetary Authority (“CIMA”). LAE General Partners Limited (the “General Partner” of Lancaster European Equity LP) is a company incorporated with limited liability under the laws of the Cayman Islands and owned by Lancaster Management (Jersey) Limited. The Feeder Funds and Master Funds are herein collectively referred to as the “Investment Vehicles” or “Funds”. The Funds are Lancaster’s “Clients”. The Funds are managed in accordance with each Investment Vehicles' investment objectives, strategies, restrictions and guidelines. Each Fund is managed only in accordance with its own characteristics and is not tailored to any particular private fund investor (each, an “Investor”), Information about each Fund can be found in the Funds’ offering documents, including its prospectuses or confidential private offering memoranda (“Offering Memoranda”). The Firm is authorised and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom, under Firm Reference Number being 472385. Lancaster Investment Management LLP is wholly owned by its members, which includes a majority interest (greater than 75%) held by Lancaster Investment Services Limited, which, in turn, is wholly owned by Lancaster Management (Jersey) Limited. Lancaster Management (Jersey) Limited is owned by Matthew Wood (63.54%), James Roycroft (26.47%) with the balance held by an independent investor. Regulatory Assets Under Management As of 31 March 2023, the Firm managed approximately USD $1,425million (regulatory assets under management) managed on a discretionary basis.