AUMdb

Highclere International Investors Llp

SEC-registered Private Fund Manager · Small ($100M–$1B) CRD 140380 · SEC file 801-66718 · London · WWW.HIGHCLEREINVESTORS.COM
☆ Save with Pro ADV data as of Jun 29, 2026
Regulatory AUM
$742M
Discretionary
$742M
Clients
2
Avg AUM / client
$371M
Accounts
2
Employees
16

AUM over time

$742M $6.7B
Mar 2012 Mar 2026

Annual snapshots from Form ADV filings · as of Jun 29, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 2 $742M 100.0%

Private funds (2)

Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $2.2B combined gross assets

FundTypeDomicileGross assetsOwners
Highclere International Investors Smaller Companies Fund Other Private Fund Delaware $1.6B 112
Highclere International Investors Smid Fund Other Private Fund Delaware $603M 96

Retirement plan clients

Plans that reported this firm as an investment service provider on Form 5500 Schedule C.

Plan Location Plan year
Advocate Aurora Health Pension Plan Advocate Aurora Health, Inc. 2024
Berklee College Of Music, Inc. Retirement Plan Berklee College Of Music, Inc. 2024
Retirement Plan For Employees Of Concord Hospital Concord Hospital, Inc. 2024

People (4)

NameRole / titleCredentialsWith firm sinceOwnership
Butt, Stephen, Charles Chairman, Cio Apr 1995 (31y) ≈ 9.38% – 37.5% via Silchester Partners Limited
Gilmour, Fergus, William Chief Operating Officer, Chief Compliance Officer, Partner Jan 2006 (21y) Less than 5%
Makin, Edward, Llewellyn Chairman, Partner, Cio Jan 2006 (21y) ≈ 18.75% – 50% via Highclere Investment Management Limited
Steele, Susan, Joanna Director Of Marketing And Client Service Feb 2006 (21y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Highclere Investment Management Limited Partner Feb 2011 A 75% or more
Silchester Partners Limited Shareholder May 2006 B ≈ 18.75% – 50% via Highclere Investment Management Limited

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Butt, Stephen, Charles: 50% – 75% of Silchester Partners Limited × 25% – 50% of Highclere Investment Management Limited × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
  • Makin, Edward, Llewellyn: 25% – 50% of Highclere Investment Management Limited × 75% – 100% direct ≈ 18.75% – 50% of the firm
  • Silchester Partners Limited: 25% – 50% of Highclere Investment Management Limited × 75% – 100% direct ≈ 18.75% – 50% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (2, $2.2B gross assets)

FundTypeGross assetsMin. investmentOwners
Highclere International Investors Smaller Companies Fund Other Private Fund $1.6B $2.0M 112
Highclere International Investors Smid Fund Other Private Fund $603M $2.0M 96

From Form ADV Section 7.B private fund reporting.

Retirement plans served (3)

PlanSponsorParticipantsPlan assetsAs of
Advocate Aurora Health Pension Plan Advocate Aurora Health, Inc. 10,238 $966M 01/01/2024
Berklee College Of Music, Inc. Retirement Plan Berklee College Of Music, Inc. 279 $104M 01/01/2024
Retirement Plan For Employees Of Concord Hospital Concord Hospital, Inc. 3,354 $413M 01/01/2024

From Form 5500 service-provider disclosures.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 06/29/2026 1.32 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management

Services

  • Portfolio management for pooled investment vehicles

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 29, 2026.

View current Form ADV (SEC/IAPD) ↗