LBV Asset Management

Name

LBV Asset Management

Legal name

LBV Asset Management LLP

Website

https://lbvam.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Financial Vehicles (52599)

SIC

Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG)

akta.pro secondary industries

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE)

Keywords

• Alternative fund management
• Long short equity
• Pan european small cap
• Managed account solutions
• Global macro strategies

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Alternative Fund Management: LBV Asset Management generates revenue through management fees and performance fees on assets under management. The firm manages AUM across multiple strategies including their flagship long/short fund, long-only certificates, and global macro strategies. Approximately half of AUM is managed through tailored managed account solutions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

LBV Asset Management is an alternative fund manager that invests across multiple strategies focused on pan-European small and midcap listed equities, global equities, and systematic global macro. It offers a flagship long/short fund (LBV Primus), long-only certificates (Atlantic-LBV, LBV Panorama), a machine-learning-driven global macro strategy, a multi-asset risk-balanced strategy (LBV Hawkclaw Vantage), and tailored managed accounts for sizable clients. Approximately half of AUM is managed through customized managed account solutions.

Product overview

LBV Asset Management is an alternative fund manager offering a platform of investment products focused on equity strategies. The core offering includes LBV Primus Fund (flagship long/short pan-European small and midcap strategy), ATLANTIC LBV Long Only, LBV Panorama Global Equity Certificate, LBV Global Macro, and LBV Hawkclaw Vantage Strategy. Managed Accounts provide tailored solutions for larger clients. The products range from concentrated long-only approaches to systematic macro strategies using machine learning, with approximately half of AUM managed through customized managed account solutions.

Differentiator

Problem solved

Functional benefit

Brands

• LBV Primus Fund: Flagship long/short pan-European small and midcap equities fund, launched September 2008, Cayman-based.
• Atlantic-LBV Long Only Equities
• LBV Panorama Global Equity Certificate
• LBV Global Macro
• LBV Hawkclaw Vantage Strategy

Products and services

• LBV Primus Fund Flagship long/short pan-European small and midcap equities fund for professional clients and eligible counterparties. Long book includes c. 20 structural stocks (2-8% weight) and c. 10 trading stocks (0.5-2% weight); short book includes individual shorts, pair trades and equity index shorts. Typically holds 20-30 longs and 10-15 shorts with gross exposure up to 300% and net exposure up to 100% of NAV. Historically c. 6% volatility with attractive Sharpe ratio.
• ATLANTIC LBV Long Only Equities Long-only certificate that invests in the top long ideas drawn from LBV's Long/Short strategies. More concentrated product for investors willing to take more risk, holding c. 20-25 positions selected from LBV Primus Fund's top long ideas.
• LBV Panorama Global Equity Certificate Global equities certificate investing in high-quality businesses selected on three criteria: sustainable competitive advantages and favorable secular growth trends, value investing with margin of safety, and exemplary capital allocation. Maximum 30 positions held at any time. Distributed through UBS Keyinvest.
• LBV Global Macro Systematic macro investment strategy across major asset classes and geographies that uses machine learning to identify market regimes and enhance cross-asset risk management while maximizing returns. Long biased with ability to short specific holdings. Targets 11%-12% annual net return and 7%-9% volatility using limited leverage, trading listed US markets liquid instruments only.
• LBV Hawkclaw Vantage Strategy Risk-balanced multi-asset portfolio of equities, treasury bonds, gold, and inflation-protected securities. Designed to achieve enhanced returns per unit of risk versus traditional asset classes independently of the business cycle, delivering uncorrelated return patterns.
• Managed Accounts Tailored investment solutions for sizable accounts representing approximately half of LBV's AUM. Customized parameters include different target volatility levels (flagship fund historically c. 6% volatility), focus on the long portion of the portfolio only, or a best-ideas basis.

Quantifiable outcome

• LBV Primus Fund: 5.4% average annual return since 2008 launch with only 25% average net equity exposure
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature2 records

Partnerships

One partnership is on record.

• UBS KeyinvestcoreChannel Partner/ Reseller/ DistributorLBV Panorama Global Equity Certificate is distributed through UBS Keyinvest platform, allowing broader distribution of the strategy through a structured investment certificate.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Egerton Capital: London-based long/short equity fund manager focused primarily on European listed equities, with a similar value-oriented, fundamental-analysis approach to LBV. Both target sophisticated investors and run concentrated long/short portfolios.
• Quaero Capital: Geneva-based alternative fund manager running European long/short equity strategies alongside other mandates, with a similar boutique scale and fundamental bottom-up investment process targeting European small and midcap opportunities.
• North Atlantic Value LLP: London-based value-oriented long-only fund manager focused on European small and midcap equities. Closely comparable given similar size, European small/midcap focus, and value-driven fundamental approach.
• Taube Hodson Stonex Partners: London-based boutique fund manager focused on European and global equities, with a quality-growth approach. Comparable as a London-based boutique running concentrated European equity portfolios for institutional and HNW clients.
• Alken Capital: London-based European equity long/short fund manager, with a similar approach of running fundamental long/short European equity strategies. Comparable in scale and strategy to LBV's Primus fund.
• Hoplite Capital Management: London-based long/short equity fund manager with a European equity focus, similar boutique structure and fundamental analysis-driven approach. Comparable in targeting professional clients with concentrated European equity portfolios.
• Cobe Capital Management: London-based pan-European long/short equity manager, with a similar value-driven, fundamental approach to European mid and smallcap equities. Directly comparable strategy profile.

Broad incumbents

• Brummer & Partners: Stockholm-based multi-strategy hedge fund manager offering multiple fund-of-funds and direct long/short equity products, including European equity strategies. Larger and broader portfolio than LBV but directly competes for the same European long/short equity allocator.
• Cheyne Capital Management: London-based alternative investment manager running European and global long/short equity strategies alongside credit and event-driven strategies. Comparable as a London alternative asset manager with discretionary European equity offerings.

Emerging players

• Hawkclaw Capital Advisors: Continental European investment advisory firm where LBV's senior advisor Francisco Falcão serves as CEO/CIO. Connected to LBV through the Hawkclaw Vantage Strategy sub-brand and overlapping multi-asset / risk-balanced focus.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lbv-asset-management-llp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LBV Asset Management