Eschler Asset Management

What Eschler Asset Management does

Eschler Asset Management LLP is a London-based alternative investment firm operating exclusively in liquid markets, structured as a multi-manager platform that partners with independent portfolio managers and allocates capital to them. Founded in 2006 and led by founder Theron de Ris, the firm maintains offices at 9 Argyll Street, 6th Floor, London, and is regulated by the UK Financial Conduct Authority (FRN #510079) and registered with the US SEC as an Investment Adviser (CRD# 311807). Services are restricted to professional clients and eligible counterparties, explicitly excluding retail investors. The firm's primary proposition is providing institutional operating infrastructure — risk oversight, compliance, distribution, and capital access — to emerging and established boutique portfolio managers in equity and macro strategies.

The core offering is a multi-manager platform housing diverse strategies including market neutral, long/short equity, long-only equity, systematic, and quantamental approaches. Its flagship bundled strategy, Zenith Alpha Management, aggregates diversified manager access with embedded risk management and investor-aligned incentives. Platform partners include Sorengo Partners (counter-cyclical long/short equity), Sloane Robinson (Asian and Emerging Markets), ARR Investment Partners (quantamental global long/short), GreenLane (developed markets long/short), Toho Capital (Japan), ACMR (systematic evidence-based), Colebrooke (UK quality value), Derby Street Managers (long-only value), and Thornvale Capital (market neutral investment trust). Thornvale in particular operates a proprietary risk engine and modeling system. Access is offered through multiple structures — pooled segregated portfolios (offshore AIF), master-feeder arrangements, fund-of-one SMAs, virtual SMAs, third-party platforms, alpha capture programs, and data licenses — with a professional-client minimum of $100,000.

Eschler generates revenue through standard asset management economics: annual management fees of 0%-2% of AUM plus performance-based fees of 10%-25% per year, both negotiable. Distribution is enterprise field-sales led, targeting sophisticated allocators through a structured inquiry process, with typical onboarding requiring 1-5 in-person due diligence meetings and timelines from under 6 months to over 2 years. Customer segments span institutional investors, high net-worth individuals, pooled investment vehicles, charitable organizations, and corporations, while the supply side of the platform targets exceptional investment talent seeking institutional infrastructure. Headcount is reported at 1-10, consistent with a small, partner-led boutique whose scaling is achieved through the breadth of its external manager roster rather than internal headcount expansion.

Name

Eschler Asset Management

Legal name

Eschler Asset Management LLP

Website

https://eschlerasset.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

London-based FCA and SEC-regulated alternative investment firm operating a multi-manager platform that partners with independent portfolio managers across liquid equity and macro strategies, serving institutional, corporate, and high net-worth professional clients.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Large-Cap Equity (Active) (FSAAAIAA)

akta.pro secondary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

Keywords

• Alternative investment management
• Multi-manager platform
• Long short equity
• Hedge fund strategies
• Discretionary asset management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Management Fees: Standard annual fees charged on client assets under management. Fees are negotiable based on portfolio size and complexity.
2. Performance Fees: Performance-based fees charged on investment returns, with standard rates ranging from 10%-25% per year.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Eschler Asset Management is an alternative investment firm that operates a multi-manager platform for liquid equity and macro strategies, partnering with portfolio managers and distributing their strategies to professional clients and eligible counterparties through pooled funds, segregated managed accounts, master-feeder structures, alpha capture programs, and data licenses. The firm provides institutional infrastructure including centralized risk oversight, compliance, IT and middle office support to enable portfolio managers to deliver risk-adjusted returns.

Product overview

Eschler Asset Management is an alternative investment firm operating exclusively in liquid markets, offering a multi-manager platform alongside single-strategy access. The multi-manager platform (Zenith Alpha Management) provides diversified access to talented portfolio managers with embedded risk management. Single strategy access is available through multiple structures including pooled segregated portfolios (offshore AIF), master-feeder arrangements, segregated managed accounts (SMA), third-party platforms, alpha capture programs, virtual SMAs, and data licenses.

Differentiator

Problem solved

Functional benefit

Brands

• Zenith Alpha Management: An innovative multi-manager strategy combining diversified access to talented portfolio managers, embedded risk management, and exceptional alignment with investors. Operating as a core pillar within the Eschler ecosystem.

Products and services

• Zenith Alpha Management Innovative multi-manager strategy combining diversified access to talented portfolio managers, embedded risk management, and exceptional alignment with investors; serves professional clients and eligible counterparties seeking diversified multi-manager exposure.
• Multi-Manager Platform Alternative investment platform providing institutional infrastructure (centralized risk oversight, compliance, IT, middle office) for portfolio managers to deliver attractive risk-adjusted returns through multiple diversifying strategies with embedded risk management.
• Pooled Segregated Portfolio (Offshore AIF) Offshore alternative investment fund (AIF) structure providing pooled access to single strategy investments for professional investors.
• Master-Feeder (Offshore AIF) Master-feeder fund structure providing access to single strategies through offshore alternative investment funds for professional investors.
• Fund-of-One Segregated Portfolio (SMA) Segregated managed account (SMA) structure offering fund-of-one access to single investment strategies for institutional allocators.
• Virtual SMA Virtual segregated managed account (SMA) providing access to investment strategies for professional investors.
• Third-Party Platform SMA Distribution of single strategy separately managed accounts through third-party platforms, enabling access for allocators using platform infrastructure.
• Alpha Capture Service enabling investors to capture alpha from single strategy access to Eschler's partner managers.
• Data License License of investment data to institutional investors seeking customized exposure to proven alpha strategies.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and flagship.

• ARR Investment PartnerscoreStrategic or Co-development Partner · 1 February 2026London-based investment boutique specializing in global equity long/short quantamental strategy for professional investors. After building a 5+ year SMA track record, ARR launched a Cayman fund in February 2026. Founder Christian Putz manages the strategy since 2015 with prior experience at MAN Group and Kazimir Partners.
• GreenLane Investment ManagementcoreStrategic or Co-development Partner · 1 January 2024London-based boutique founded in 2024, co-managed by Dan Ekstein and Sam Bealing running a long-short equity strategy focused on developed markets. Both managers have top-quartile track records from prior roles at Majedie Asset Management and Liontrust Asset Management.
• Thornvale CapitalcoreStrategic or Co-development Partner · 1 January 2024Focuses on market neutral strategies targeting the equity and alternative investment trust sector. Founder David Wharton has over 25 years of experience in the Investment Trust sector and has built Thornvale's proprietary risk engine, trading platform and modelling system.
• Sorengo PartnerscoreStrategic or Co-development PartnerIndependent advisory firm bringing over a decade of experience overseeing a directional long-short equity strategy with a countercyclical investing approach. Theron de Ris serves as Founder and Portfolio Manager, also CIO, with background including senior research analyst at Indus Capital Partners, executive director at Morgan Stanley, and career start at Goldman Sachs.
• Sloane RobinsoncoreStrategic or Co-development PartnerInternational equity asset management firm primarily focused on Asian and Emerging markets since 1993. Edward Lam joined as CIO and Portfolio Manager in 2023, having built Somerset Capital Management into a USD 10 billion AUM Emerging Markets business and designed the award-winning SCM EM Dividend Growth strategy.
• Toho Capital ManagementcoreStrategic or Co-development PartnerUK-based investment boutique that advised a highly successful global equity strategy from 2019-2024 in partnership with a New England endowment, now launching a new strategy focused exclusively on Japan. Founder Martin Theron has seven years of investment analysis experience at Orbis Investment Advisory.
• ACMR Capital ManagementcoreStrategic or Co-development PartnerFollows a systematic, evidence-based, long-term approach to equity investing informed by behavioral investing research. Founder Mike Cunningham was an equity research analyst at Goldman Sachs, Credit Suisse, and Dresdner Kleinwort Wasserstein covering Media & Internet sector for over 15 years.
• Colebrooke PartnerscoreStrategic or Co-development PartnerQuality-led value investors focusing on companies with deep competitive moats, run by great people, bought at significant discounts and held for long periods. Focuses on businesses headquartered or listed in the UK. Founder Jack Pailing practiced law at SJ Berwin LLP, King & Wood Mallesons LLP, and Macquarie Group.
• Derby Street ManagerscoreStrategic or Co-development PartnerLong-only, value-oriented strategy managed by Richard Simmons with proven track record since 1998. Author of 'Buffett Step by Step' and has invested his own money in the strategy. Holds MA from Oxford and MBA from Cass Business School.
• Zenith Alpha ManagementflagshipStrategic or Co-development PartnerInnovative multi-manager strategy combining diversified access to talented portfolio managers, embedded risk management and exceptional alignment with investors. Operating as a core pillar within the Eschler ecosystem, embedded in the risk framework and exemplifies commitment to attractive risk-adjusted returns.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Caxton Associates: London/NY-based global macro and currency-focused hedge fund. Comparable in liquid markets focus, discretionary and systematic strategies mix, and professional investor client base.
• Rokos Capital Management: London-based macro hedge fund manager. Eschler's Risk Consultant Ivan Ivanov previously worked at Rokos Family Office, illustrating direct talent overlap; comparable London macro/equity alternatives firm.
• Grosvenor Capital Management: US-based multi-manager hedge fund and alternative investment platform. Closest direct peer in business model - allocates to multiple underlying portfolio managers and provides operational infrastructure and risk oversight.
• Winton Group: London-based systematic and discretionary alternatives manager. Comparable in operating from London, focusing on liquid markets and equity/macro strategies, serving institutional allocators. More systematic in orientation.
• Eisler Capital: London-based multi-strategy hedge fund manager founded in 2019. Comparable in being a London-anchored, multi-strategy liquid markets platform serving institutional allocators; smaller and earlier-stage than Eschler conceptually, but with similar structure.
• Capula Investment Management: London-based hedge fund manager focused on fixed income, macro, and equity-related strategies for institutional clients. Comparable in being a London-based liquid markets alternative investment firm.

Broad incumbents

• Man Group: London-listed global alternative investment manager with discretionary, quant and multi-manager capabilities. Comparable as a liquid-markets alternative investment firm serving institutional allocators, though much larger and publicly listed.
• Millennium Management: Largest global multi-manager hedge fund platform. Directly comparable in concept - Eschler's "multi-manager liquid markets platform" mirrors Millennium's structure of multiple PM pods accessing shared risk and operational infrastructure - but Millennium operates at vastly greater scale.
• Point72 Asset Management: Multi-strategy hedge fund platform. Comparable in operating a multi-PM structure with shared risk and operational infrastructure, liquid markets focus, and institutional allocator client base. Much larger scale.

Others

• Stoneware Capital: London-based FCA-regulated investment manager founded in 2006 by Richard Rothwell (Eschler's Non-Executive Advisor). Explicitly linked to Eschler via personnel; illustrative of comparable boutique London investment management model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Eschler Asset Management