Long/short equity firm Gladstone gears up for next level after returning 20% in 2011


George Michelakis
Gladstone Partners, the London-based fundamental long/short European and global equity firm that was one of the outstanding hedge fund performers in 2011, is scaling up its business infrastructure and capacity for growth on the back of impressive performance in its flagship Lasker fund.

Led by former Lansdowne man George Michelakis, Gladstone was originally seeded by New York-based Protégé Partners, and is now 100%-owned by its partners after concluding a successful five-year partnership with Protégé last year.

The firm runs a critical mass of assets under management in the strategy of $100 million –