Copper Street Capital
Copper Street Capital is a UK-based alternative investment firm that runs a specialist European credit hedge fund focused on subordinated debt of non-mainstream European banks, and a private equity arm making control investments in UK financial-services companies, serving institutional and qualified investors.
- Company typePrivate
- Founded2015
- HeadquartersMaidenhead, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Copper Street Capital does
Copper Street Capital LLP is a privately-held UK alternative investment firm founded in July 2015 by Jerry del Missier, the former COO of Barclays Bank Plc. The firm operates a single integrated investment platform across two complementary strategies: a liquid hedge fund (launched August 2016) that invests primarily in subordinated debt — including AT1s and Tier 2 — of non-mainstream European banks, and a private equity arm that takes majority or control stakes in UK financial-services businesses such as One Four Nine Group (wealth management) and Thistle Initiatives (regulatory compliance consultancy). The investment approach is built on deep sector specialism, disciplined bottom-up credit analysis, and a concentrated, high-conviction portfolio, with the fund explicitly capacity-constrained to preserve nimbleness.
The firm's core technology is its investment methodology and information edge rather than a software product: a specialist European credit framework that identifies repeatable mispricings arising from limited sell-side research coverage, structural complexity, and smaller issue sizes across the capital structures of smaller, specialist European banks. Distribution is direct — through the firm's investor relationships and a Director of Marketing — with brand-building supported by a monthly newsletter, YouTube/video content, and LinkedIn presence. The firm markets to institutional and qualified investors, family offices, and high-conviction allocators seeking differentiated, liquid, low-correlation European financial-sector credit exposure.
Revenue is generated through fund management fees and performance fees on the hedge fund strategy, alongside management and value-creation fees from the PE portfolio (the firm fully funds bolt-on acquisitions for One Four Nine). The firm is authorised and regulated by the UK Financial Conduct Authority (FCA) and registered with the SEC as an Exempt Reporting Adviser, and is a member of the BVCA. Headquartered in Mayfair, London (relocated from Maidenhead in July 2021), Copper Street Capital employs a deliberately lean, specialist team (reported within the 11–50 band), and won the HFM Performance Awards 2025 in the 'Credit long/short – up to $500m' category.
Copper Street Capital firmographics
Firmographics- Name
- Copper Street Capital
- Legal name
- Copper Street Capital LLP
- Website
- https://copperstreetcapital.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Copper Street Capital is a UK-based alternative investment firm that runs a specialist European credit hedge fund focused on subordinated debt of non-mainstream European banks, and a private equity arm making control investments in UK financial-services companies, serving institutional and qualified investors.
- Ownership category
- akta.pro rank
Copper Street Capital industry classification
Industry- Product category
- Alternative Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Corporate Credit (IG/HY Long/Short) (FSAHAGAA)
- akta.pro secondary industry
- Distressed / Opportunistic Credit (FSANADAF)
Keywords
Where Copper Street Capital is headquartered
LocationHeadquarters
- HQ city
- Maidenhead
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Copper Street Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Fund Management / Hedge Fund Strategy: Copper Street Capital operates a liquid hedge fund strategy generating returns through investments in subordinated debt and equity of European banks. The fund was launched in August 2016 and has achieved a decade of consistent returns with low beta and low correlation.
- Private Equity / Portfolio Companies: Through private equity investments, the firm backs companies such as One Four Nine Group and Thistle Initiatives Group, with Copper Street Capital providing growth capital and acquisition financing.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Copper Street Capital product offering
Product offeringCore offering
Copper Street Capital operates a specialist European credit hedge fund that invests primarily in subordinated debt (including AT1s and Tier 2) of non-mainstream European banks, applying disciplined bottom-up credit analysis to a concentrated, high-conviction portfolio. Alongside the liquid fund, the firm runs a private equity arm that takes majority stakes in financial services businesses such as wealth management and regulatory consulting firms.
Product overview
Copper Street Capital operates a single integrated investment platform comprising two distinct but complementary strategies. The core offering is the Copper Street Capital Fund — a liquid hedge fund launched in August 2016 — which applies disciplined bottom-up credit analysis to identify mispricing across the capital structures of smaller, specialist European banks, primarily investing in subordinated debt. Alongside the liquid fund strategy, the firm maintains a Private Equity operation that makes control or majority-stake investments in financial services businesses (such as compliance consultancies and wealth management groups), supporting their growth through organic expansion and acquisitions. The two strategies share the same investment thesis of extracting value from structural inefficiencies in European financial services, with the private equity arm complementing the fund's public-market credit and equity positions.
Differentiator
Problem solved
Functional benefit
Products and services
- Copper Street Capital Fund A specialist European credit strategy implemented as a liquid hedge fund, investing primarily in subordinated debt (AT1s, Tier 2, and other subordinated instruments) of non-mainstream European banks. The fund is targeted at institutional and qualified investors seeking differentiated, low-correlation exposure to European bank capital structures.
- Private Equity Investments Private equity arm of Copper Street Capital that acquires majority or controlling stakes in financial services companies, including wealth management platforms and regulatory consultancies, providing growth capital and acquisition financing.
Quantifiable outcome
- A decade of consistent returns with low beta and low correlation
- +1 more outcomes
Companies that use Copper Street Capital
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Copper Street Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Copper Street Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Andrew JonesminorAndrew Jones serves as Vice Chair and Adviser to Copper Street Capital. An experienced non-executive director and former international banking executive with over 25 years of leadership experience across global financial services, including CEO for Asia Pacific at Barclays.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Copper Street Capital competitors and assessment
Company assessmentDirect peers
- Algebris Investments: Specialist alternative asset manager focused on European financial institutions credit and equity, with deep sector expertise analogous to Copper Street's subordinated bank debt strategy. Most directly comparable peer in niche.
- Hayfin Capital Management: European-headquartered alternative credit manager with significant exposure to European financial credit and direct lending. Comparable institutional investor base and European credit focus.
- Sona Asset Management: European financial services sector specialist manager, focused on long/short equity and credit opportunities in banks and insurers — directly comparable investment universe.
- Cairn Capital: European credit-focused alternative manager with multi-strategy credit capabilities including European financials. Comparable specialist credit approach.
- Muzinich & Co: Global credit specialist with strong European corporate credit franchise and institutional investor base. Comparable in credit long/short strategy and European focus.
Broad incumbents
- Marathon Asset Management: Large, established global credit manager with significant European credit franchise. Operates at materially larger AUM scale but overlapping credit long/short capabilities.
- CQS: Established multi-strategy credit hedge fund manager with European roots and broad credit capabilities including long/short credit. Larger incumbent operating across multiple credit sub-strategies.
- Silver Point Capital: Large credit-focused hedge fund manager with deep experience in subordinated debt and structured credit. Larger-scale incumbent with overlapping strategy type.
- Anchorage Capital Group: Established credit-focused alternative manager with capabilities across performing and distressed credit, including European financial credit. Larger-scale incumbent.
Emerging players
- Eisler Capital: European-focused multi-strategy hedge fund with credit capabilities and similar institutional LP base. Smaller and newer than major incumbents but comparable in European credit focus.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Copper Street Capital social profiles
Digital presenceCopper Street Capital compliance and trust
Trust signalCompliance2 records
Copper Street Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Copper Street Capital leadership team
Management profileNumber of profiles
Profiles10 records
Copper Street Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Copper Street Capital M&A and investment
M&A and investmentM&A3 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Copper Street Capital
What does Copper Street Capital do?
Copper Street Capital operates a specialist European credit hedge fund that invests primarily in subordinated debt (including AT1s and Tier 2) of non-mainstream European banks, applying disciplined bottom-up credit analysis to a concentrated, high-conviction portfolio. Alongside the liquid fund, the firm runs a private equity arm that takes majority stakes in financial services businesses such as wealth management and regulatory consulting firms.
Is Copper Street Capital a public or private company?
Copper Street Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Copper Street Capital founded?
Copper Street Capital was founded in 2015. It employs 11 to 50 people.
Where is Copper Street Capital based?
Copper Street Capital is headquartered in Maidenhead, United Kingdom, in the Europe region.
How does Copper Street Capital make money?
Two revenue lines are on record. Fund Management / Hedge Fund Strategy is the primary driver. The others are private Equity / Portfolio Companies.
Who are Copper Street Capital's main competitors?
Direct peers on record are Algebris Investments, Hayfin Capital Management, Sona Asset Management, Cairn Capital and Muzinich & Co. Broad incumbents are Marathon Asset Management, CQS, Silver Point Capital and Anchorage Capital Group. Eisler Capital is listed as an emerging player.
Does Copper Street Capital have an API?
No public API is recorded for Copper Street Capital.
What industry is Copper Street Capital in?
Copper Street Capital's product category is Alternative Investment Management. Its primary akta.pro industry code is FSAHAGAA, Corporate Credit (IG/HY Long/Short), with a secondary code of FSANADAF, Distressed / Opportunistic Credit. Its NAICS code is 52394 and its SIC code is 6282.