Ermitage Group is one of Europe’s leading alternative asset management organisations, providing investment services for institutions, pension funds and private clients.

Following our first hedge fund investment in 1984, the Group’s assets under management have grown to $2.6bn*.

Ermitage’s comprehensive service ranges from Fund of Hedge Funds (several benefiting from track records of over 7 years), to customised solutions designed to meet specific risk-return mandates. We also provide a leading edge and award winning Wealth Management service for private clients, fiduciaries and intermediaries.

Driving the business is a senior investment team with an extensive experience of the hedge fund industry and who have developed sophisticated proprietary systems and processes that incorporate strong risk management, controls and governance.

Led by Ian Cadby (Group CEO), Ermitage is owned by the management team and Caledonia Investments Plc.

*End July 2008