Founded in 1975, Ermitage has a reputation as one of Europe’s pioneering hedge fund investors - making our first hedge fund investment in 1984 and launching our first fund of hedge funds in 1997.

Today, we provide a comprehensive range of intelligently designed fund of hedge fund portfolios, single manager hedge funds and a highly advanced customised portfolio service.

Aided by leading edge proprietary systems, our edge lies in harnessing the comprehensive qualitative research conducted by our experienced teams of analysts to create portfolios capable of consistent risk adjusted performance.

Ermitage differs from conventional funds of hedge funds in our ability to add value by intelligently combining hedge funds within portfolios, where each selected manager has a clear role to perform. Underpinning our service is a repeatable investment process incorporating robust risk management, controls and governance.

Led by Ian Cadby (Group CEO), Ermitage has operations in London, Jersey and New York. We believe in forming strategic partnerships with our clients and providing a high quality service. The company is owned by Caledonia Investments plc, a UK Investment Trust listed on the London Stock Exchange.