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About

Built to endure.

Capital Custodian Authority was founded on a simple principle: the best returns come from building good businesses well, over time.

Our story

Independent, partner-owned.

Capital Custodian Authority was established in 2011 by a group of investors and operators who had spent their careers inside mid-market businesses and had grown frustrated with the short-termism of much of the private equity industry. They set out to build a firm that behaved less like an owner of assets and more like a custodian of companies — one that measured success over decades, not quarters.

Today, the firm manages capital on behalf of pension funds, endowments, insurers and family offices from [offices in London and Manchester]. We remain independent, partner-owned, and deliberately sized: small enough to know every management team personally, large enough to support ambitious growth.

Dry stone wall crossing misted fields at dawn in the English countryside

Principles

Five things we hold to.

  1. 01

    Custodianship over ownership.

    We hold businesses in trust for their employees, customers, communities and our investors.

  2. 02

    Patience is a strategy.

    Long horizons let us make decisions that compound.

  3. 03

    Operators first.

    We prefer to back the team already in the building.

  4. 04

    Skin in the game.

    Every partner invests personally in every fund.

  5. 05

    Say what we do.

    Plain language, clear terms, no surprises.

Responsible investment

Practical, not performative.

We integrate environmental, social and governance considerations into every stage of our investment process, from initial screening through to exit. We are a signatory to the UN Principles for Responsible Investment and report annually to our investors on portfolio ESG performance. Our approach is practical rather than performative: we focus on the handful of issues that materially affect each business and set measurable targets for them.

Timeline

A short history.

  1. 2011

    Firm founded

  2. 2013

    Fund I closed at £180m

  3. 2018

    First realisation

  4. 2020

    Fund II closed at £420m

  5. 2023

    Operating Partner programme launched

  6. 2026

    Fund III fundraising

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