Investment management veterans Rupert Caldecott and Neill Blanks have launched a new investment management business, RM Caldecott & Partners (RMCP), after completing a management buy-out from Dalton Strategic Partnership (DSP).
DSP will act as a major investor in the new business, which will offer services to wealthy families and financial institutions.
Caldecott and Blanks managed the private client business of DSP for 10 years, before deciding to establish RMCP. They will continue to manage DSP’s Melchior Global Conservative fund.
RMCP will retain high net worth clients of Dalton’s wealth business and also the assets accrued by Caldecott and Blanks during their tenure at DSP.
DSP’s head of global equities Nick Mottram will join RMCP’s investment committee.
“The launch has enabled RMCP to retain its strong connection with the investment resources provided by DSP, but will also allow the partnership to attract senior investment professionals and to develop its business accordingly,” Caldecott said.
DSP CEO Wenceslas von Liechtenstein said: “DSP will continue to work closely with Rupert and his extended team in their new business, ensuring that clients continue to have access to our combined investment management expertise.”