LANSDOWNE PARTNERS (UK) LLP

Lansdowne Partners (UK) LLP is a private hedge fund sponsor that is based out of London. The company currently operates as a subsidiary of its parent company Lansdown Partners Limited, which was created as a holding company for Lansdowne Partners (UK) LLP, and was founded in 1998 by Sir Paul Ruddock and Steven Heinz. Lansdowne Partners (UK) conducts its research in house and utilizes a fundamental analysis to make its investment decisions, investing in various public equity and alternative markets on a global scale. Lansdowne Partners (UK) invests the most heavily in the consumer discretionary sector, which alone makes up over 40% of its total asset allocations, and also invests in the finance, which makes up another third of its total asset allocations, information technology, and transports sectors, among various others to a lesser degree, in order of decreasing amount allocated. The company is owned by various employees including Stuart Grant Roden and Peter Graham Davies, respectively the Chairman and Head of Developed Markets Strategy, who each own approximately 25% of the company with the remaining ownership split amongst its parent holding company and various key executives. Lansdowne Partners (UK) currently has over $32 billion in total assets under management spread across 36 accounts, all of which are discretionary. The company has 72 employees that operate its business, catering to pooled investment vehicles, which alone makes up over three quarters of its client base, investment companies, and others, in order of decreasing clientele. Lansdowne Partners (UK) provides a variety of client focused equity portfolios and takes its fees from a combination of percentage of assets and performance related fees. Through its parent company Lansdowne Partners Limited Partnership, the Lansdowne family of funds, several of which are award winning, includes its Developed Markets Fund, Global Financials Fund, UK Equity Fund, and Developed Markets Strategic Investment Fund.