Difference between revisions of "Theleme Partners"
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{{Group | {{Group | ||
| − | |website= | + | |website=https://www.thelemepartners.com/ |
|constitutes=hedge fund | |constitutes=hedge fund | ||
|founders=Patrick Degorce | |founders=Patrick Degorce | ||
| + | |name=Thélème Partners LLP | ||
}} | }} | ||
'''Theleme Partners''' is a private investment partnership based in [[London]].<ref>''[https://www.thelemepartners.com/ "Theleme Partners is a private investment partnership based in London"]''</ref> | '''Theleme Partners''' is a private investment partnership based in [[London]].<ref>''[https://www.thelemepartners.com/ "Theleme Partners is a private investment partnership based in London"]''</ref> | ||
| − | [[Thélème Partners LLP]] was founded in August 2009 by [[Patrick Degorce]]. Co-founders were [ | + | [[Thélème Partners LLP]] was founded in August 2009 by [[Patrick Degorce]]. Co-founders were [https://find-and-update.company-information.service.gov.uk/officers/jYhRavoTe-LcONLnBmj4w3m7IEs/appointments Peter Davies,] [https://find-and-update.company-information.service.gov.uk/officers/orxJvCp-oocxK3SIudobhiYlMSc/appointments Stuart Roden] and [[Rishi Sunak]]. |
| − | == | + | ==What's in a name?== |
| − | + | The name probably derives from the fictional [https://www.fantrippers.com/en/fanspots/abbey-of-thelema/ Abbey of Thélème] in the works of French renaissance writer [https://en.wikipedia.org/wiki/Fran%C3%A7ois_Rabelais Rabelais] – a utopia with no rules in which inhabitants behaved virtuously since there were no constraints leading them to desire pleasures they had been denied. | |
| − | + | In what is "perhaps a coincidence, but an intriguing one nonetheless", [https://en.wikipedia.org/wiki/Thelema Thelema] is also the occult spiritual philosophy and new religious movement founded in the early 1900s by [[Aleister Crowley]]. | |
| − | |||
| − | Thélème Partners is owned 75% or more by [https://find-and-update.company-information.service.gov.uk/company/06978736/persons-with-significant-control Theleme Services Ltd,] which again is controlled by the Frenchman [[Patrick Degorce]].<ref>''[https://whalewisdom.com/filer/theleme-partners-llp#tabadv_ownership_tab_link "THELEME PARTNERS LLP"]''</ref> In [[2011]], Degorce was one of the earliest investors in [[Moderna]], when [[Moderna]] only had about ten employees and a market value of around $125 million.<ref>''[https://www.wsj.com/articles/the-millionaire-who-gave-moderna-a-shot-11601650821 "The Millionaire Who Gave Moderna a Shot"]''</ref> | + | In fund management terms, [[Theleme]] could translate to an “unconstrained” management style in which investments are targeted on their own merits, and fund benchmarks are ignored, in an effort to avoid falling into market traps.<ref>''[https://www.cityam.com/hedgie-degorce-calls-old-friends-set-fund-lansdownes-offices/ "Hedgie Degorce calls up old friends to set up a fund at Lansdowne’s offices"]''</ref> |
| + | |||
| + | ==Sunak, Thélème and Moderna== | ||
| + | In [[2009]], [[Rishi Sunak]] co-founded [[Thélème Partners LLP]]. He worked at Thélème from [[2009]] until [[2013]] when he left to enter politics.<ref>''[https://www.history.co.uk/articles/little-known-facts-about-rishi-sunak "7 FACTS ABOUT RISHI SUNAK, THE UK'S NEW PRIME MINISTER"]''</ref> | ||
| + | |||
| + | [[Thélème Partners LLP]] invested $500 million in [[Moderna]]. In November 2020, as soon as Moderna announced its [[Covid jab]] "could be up to 94.5 per cent effective," the [[UK government]] immediately did a deal to buy five million doses. [[Sunak]] was [[Chancellor of the Exchequer]] at the time.<ref>''[https://www.gov.uk/government/people/rishi-sunak "Biography – Rishi Sunak became Prime Minister on 25 October 2022]''</ref> As of 2022, the market value of [[Theleme]]’s shareholding, at $915 million, made it the 6th top institutional investor in [[Moderna]].<ref>''[https://expose-news.com/2022/10/28/rishi-sunak-theleme-and-moderna/ "Rishi Sunak, Thélème and Moderna"]</ref> | ||
| + | |||
| + | Thélème Partners is owned 75% or more by [https://find-and-update.company-information.service.gov.uk/company/06978736/persons-with-significant-control Theleme Services Ltd,] which again is controlled by the Frenchman [[Patrick Degorce]].<ref>''[https://whalewisdom.com/filer/theleme-partners-llp#tabadv_ownership_tab_link "THELEME PARTNERS LLP"]''</ref> In [[2011]], [[Patrick Degorce|Degorce]] was one of the earliest investors in [[Moderna]], when [[Moderna]] only had about ten employees and a market value of around $125 million.<ref>''[https://www.wsj.com/articles/the-millionaire-who-gave-moderna-a-shot-11601650821 "The Millionaire Who Gave Moderna a Shot"]''</ref> | ||
===Theleme adviser=== | ===Theleme adviser=== | ||
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|align=right | |align=right | ||
|width=300px | |width=300px | ||
| − | |caption=[[Rishi Sunak|Sunak]] co-founded [[ | + | |caption=[[Rishi Sunak|Sunak]] co-founded [[Thélème Partners LLP]] |
}} | }} | ||
| − | As [[Chancellor of the Exchequer]], [[Rishi Sunak]] appointed [[Theleme]] partner [ | + | As [[Chancellor of the Exchequer]], [[Rishi Sunak]] appointed [[Theleme]] partner [https://find-and-update.company-information.service.gov.uk/officers/tQvDjRsDRmLc4rzait8WsMrjo7A/appointments John Sheridan] as an adviser during the [[COVID-19/Pandemic]].<ref>''[https://www.youtube.com/watch?v=q3E0_l5KOjM "Rishi Sunak Personally PROFITEERED from Moderna Vaccine"]''</ref> |
{{SMWDocs}} | {{SMWDocs}} | ||
==References== | ==References== | ||
<references/> | <references/> | ||
Revision as of 13:13, 31 May 2023
 Thélème Partners LLP(Hedge fund)    | |
|---|---|
| Founder | Patrick Degorce |
Theleme Partners is a private investment partnership based in London.[1]
Thélème Partners LLP was founded in August 2009 by Patrick Degorce. Co-founders were Peter Davies, Stuart Roden and Rishi Sunak.
What's in a name?
The name probably derives from the fictional Abbey of Thélème in the works of French renaissance writer Rabelais – a utopia with no rules in which inhabitants behaved virtuously since there were no constraints leading them to desire pleasures they had been denied.
In what is "perhaps a coincidence, but an intriguing one nonetheless", Thelema is also the occult spiritual philosophy and new religious movement founded in the early 1900s by Aleister Crowley.
In fund management terms, Theleme could translate to an “unconstrained” management style in which investments are targeted on their own merits, and fund benchmarks are ignored, in an effort to avoid falling into market traps.[2]
Sunak, Thélème and Moderna
In 2009, Rishi Sunak co-founded Thélème Partners LLP. He worked at Thélème from 2009 until 2013 when he left to enter politics.[3]
Thélème Partners LLP invested $500 million in Moderna. In November 2020, as soon as Moderna announced its Covid jab "could be up to 94.5 per cent effective," the UK government immediately did a deal to buy five million doses. Sunak was Chancellor of the Exchequer at the time.[4] As of 2022, the market value of Theleme’s shareholding, at $915 million, made it the 6th top institutional investor in Moderna.[5]
Thélème Partners is owned 75% or more by Theleme Services Ltd, which again is controlled by the Frenchman Patrick Degorce.[6] In 2011, Degorce was one of the earliest investors in Moderna, when Moderna only had about ten employees and a market value of around $125 million.[7]
Theleme adviser
| Sunak co-founded Thélème Partners LLP |
As Chancellor of the Exchequer, Rishi Sunak appointed Theleme partner John Sheridan as an adviser during the COVID-19/Pandemic.[8]
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References
- ↑ "Theleme Partners is a private investment partnership based in London"
- ↑ "Hedgie Degorce calls up old friends to set up a fund at Lansdowne’s offices"
- ↑ "7 FACTS ABOUT RISHI SUNAK, THE UK'S NEW PRIME MINISTER"
- ↑ "Biography – Rishi Sunak became Prime Minister on 25 October 2022
- ↑ "Rishi Sunak, Thélème and Moderna"
- ↑ "THELEME PARTNERS LLP"
- ↑ "The Millionaire Who Gave Moderna a Shot"
- ↑ "Rishi Sunak Personally PROFITEERED from Moderna Vaccine"
