This blog gives you the latest topical news plus some informal comments on them from ShareSoc’s directors and other contributors. These are the personal comments of the authors and not necessarily the considered views of ShareSoc. The writers may hold shares in the companies mentioned. You can add your own comments on the blog posts, but note that ShareSoc reserves the right to remove or edit comments where they are inappropriate or defamatory.

Albion Capital Group LLP Partners’ 67% pay increase

Albion Capital Group LLP have recently disclosed their average pay per Partner for year end 31 March 2019 was £803,000, a whopping 67% increase on the previous year (£480,000). This shows what a wonderful business fund management can be, in particular managing VCTs.

ShareSoc is currently running a campaign about the egregious investment manager fees at Albion Venture Capital (AAVC) (which is one of the funds managed by Albion Capital Group LLP). ShareSoc is seeking the directors to agree a better deal with its investment manager. This new information on pay adds to our argument.

Cliff Weight, Director ShareSoc. I own shares in AAVC.

One comment
  1. Mark Lauber 16th January 2020 at 2:16 pm

    Well spotted Cliff. While this is paid out of the partnership, the money comes from the fees – including increased and rebased performance fees – charged to investors.

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