Highclere International Investors Llp
- Regulatory AUM
- $742M
- Discretionary
- $742M
- Clients
- 2
- Avg AUM / client
- $371M
- Accounts
- 2
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Jun 29, 2026
Who they serve
| Client type | Clients | AUM | % 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
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| 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)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| 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)
| Entity | Title / status | Since | Sch. | 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)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| 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)
| Plan | Sponsor | Participants | Plan assets | As 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)
| Form | Period | Size | |
|---|---|---|---|
| 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) ↗