John Leahy Email & Phone Number

Royal Tunbridge Wells, Gb

Tunbridge Wells

London, United Kingdom

January 2016 - New Capital UK Select Equity FundManaging a high conviction, high quality all cap UK equity fund

London, United Kingdom

Jun 2007 – Sep 2014, UK Small & Mid Cap Fund: strong, long-term outperformance since inception with an Information Ratio of 0.8. Positive relative performance over 1, 3 & 5 year periods. Fund rated by Morningstar (4 stars as of Sep2014), Citywire (A as of Sep2014, AAA up to Oct2012) and S&P Capital IQ (Gold as of Sep2013).Jan 2001 – Dec 2011, UK Smaller Companies Strategy: strong, long-term outperformance over the period with an Information Ratio of 0.5 Deployed a consistent investment philosophy based upon fundamental, long-term analysis of companies with a focus on sustainable growth in free cash flow generation. Bottom-up stock selection has been the driver of strong excess returns.Undertaken primary research by meeting senior company management and, where possible, visiting operations (both in the UK and overseas) to better understand the source of competitive advantage and capital allocation that can deliver high returns and margins.High conviction approach with Active Share consistently above 80%; low portfolio turnover with a typical holding period in excess of three years.Risk management at the core of individual holdings and overall portfolio construction through establishing a margin of safety in company DCF valuations (SWOT analysis, assessment of management ability, financial & operational leverage) and understanding the composition of risk factors at a fund level (beta, style, industry and stock specific)As Head of UK Smaller Companies, responsible for managing a small team of investment professionalsPrepared presentation material and undertaken marketing to UK wholesale and international, institutional clients.

London, United Kingdom

Worked on US large cap, long-short fund and long-only, US small cap fundResponsible for investment ideas in technology, industrials, consumer cyclical and health care sectors. This entailed visiting US operations to meet company management.Main achievement: restructuring of large cap, long-short fund in 2000 and successful repositioning of holdings to be sector neutral and biased towards stock specific risk

London

Co-founder of a specialist US equity fund manager for private banking clientsAchievements: raising and successful management of $120mn in fundsResponsibilities: portfolio management and marketing to prospective clients

London, United Kingdom

Responsibilities included the analysis and forecasting of the US economy with particular emphasis on the implications for the US stock market and presentations to UK institutional clients.

M.A., Economics

B.Sc., Economics, First Class

Education record