Boutique firm Oberon Investments Group has hired Adam Hughes as head of distribution, bringing 20 years of experience to the role.
Hughes started his career with Neptune Investment Management as one of the company’s original employees, watching assets under management grow from £350m to £7.8bn during his tenure. He then spent almost two years as head of distribution for private equity business Livingbridge, building out the distribution architecture for its Wood Street MicroCap fund. Hughes remained with the company as it was acquired by Gresham House, and became head of UK distribution.
After his time at Gresham House, Hughes spent near four years with A&J Wealth Management before leaving the firm in December 2022.
Last week, Oberon hired CRUX fund manager Richard Penny, bringing along the company’s UK equity fund range including three funds and £56.1m in assets.
Simon McGivern, CEO of Oberon Investments, said: “There is real momentum in our business as shown by the fact we continue to attract high-calibre people to our business. Last week we welcomed Richard Penny the renowned special sits and small-cap focused fund manager. This week we welcome Adam. A proven performer, instrumental in developing UK focused equity funds, providing them with the bandwidth and structure to scale rapidly coupled to a true feel for what investors are looking for today. I know he will be an important part of Oberon’s future.”
See also: Oberon Investments hires Investec’s David Thompson
Hughes added: “Oberon is young, agile and able to offer clients the service they used to receive from the well-known names in our industry but now don’t. I believe our target UK client is crying out for greater market access and in Oberon’s multi-faceted, differentiated and bespoke approach, they will get it. I am excited to be joining the team and I feel I am doing so at a time when Oberon is shifting gear rapidly, driven by an attitude that all targets are possible.”
