Aurum Capital deploys patient, concentrated capital across alternative strategies — private credit, global macro, and long-volatility structures for institutions and families of distinction.
We believe markets reward patience and intellectual honesty above all else. Our process begins with a single question: what does the market believe, and why might it be wrong?
The Aurum investment committee has collectively navigated six market cycles. We have learned that permanent loss of capital, not volatility, is the true risk — and that genuine edges are only found far from consensus.
Our capital is deployed in three complementary strategies that together preserve and compound wealth across the full range of economic environments.
"We do not chase returns. We construct positions where the asymmetry of outcomes is so compelling that patience becomes the only skill required." — Marcus Aurelian Webb, CIO
Senior secured lending to mid-market enterprises across Europe and North America. Floating-rate structures with strong covenant packages. Target net return: 12–15% IRR.
$2.1B AUMDiscretionary, top-down positioning in currency, rates, and commodity markets. Low correlation to equity indices. Maximum drawdown constraint: 8% per annum.
$940M AUMSystematic options structures designed to perform in tail-risk environments. Portfolio insurance for multi-asset allocators. Positive expected value in crisis scenarios.
$620M AUM| Year | Private Credit | Global Macro | Long Vol | Composite Net |
|---|---|---|---|---|
| 2024 | +13.2% | +18.7% | +4.1% | +14.8% |
| 2023 | +12.8% | +9.4% | +6.2% | +11.3% |
| 2022 | +11.1% | +31.4% | +28.7% | +19.2% |
| 2021 | +14.3% | +7.8% | –1.2% | +9.6% |
| 2020 | +10.9% | +22.1% | +41.3% | +21.4% |
Past performance is not indicative of future results. Net returns shown after management and performance fees. All figures are unaudited. This material does not constitute an offer to sell or solicitation of an offer to buy any security. Aurum Capital is regulated by the Financial Conduct Authority (FCA). For qualified investors only.
Former head of fixed income at Deutsche Asset Management. 28 years navigating credit cycles across Europe and the Americas. Oxford PPE, CFA.
Previously managed a $4B discretionary macro book at Brevan Howard. Specialises in emerging market currency dislocation. LSE MSc Economics.
Built the risk architecture for two prior funds from seed to $1B+ AUM. Prior to Aurum: Goldman Sachs Structured Products, Paris and London.
We welcome enquiries from family offices, endowments, pension funds, and sovereign wealth vehicles with a minimum commitment of $10 million.