Carlton Capital Partners (CCP) has completed a management buy out (MBO) from former partners and holding company Carlton Partners.

The MBO was led by CCP’s co-founder and chief executive Eric Schots together with Tom Maier, chief investment officer, and Fiaz Khan, chief operating officer. CCP is an independent investment management company specialising in the management of tailored absolute and total return portfolios.

Assistance and financial backing for the MBO was provided by Capsicum Private Office, a large UK family office. It becomes a joint venture partner. Capsicum also invests into the absolute return asset class using CCP investment and management team.

Founded in 2004 CCP’s services are aimed at ultra-high-net-worth individuals, charities, foundations and family offices. It has particular strengths and experience in global asset allocation and Asian markets.

CCP’s flagship absolute return portfolio, Monarch, launched on May 1, 2007, has delivered a strong performance over the past two years, generating a return of 12.30% for investors and outperforming the market MSCI World Equity Index by 41.53% and the Absolute Return HFR FOF Composite Index by 19.59% over the same period.