Turner investments is a global investment management firm with billions in assets under management. As a private company, details about Turner investments’ net worth and valuation are not readily available. However, there are some key facts that provide insights into the scale and growth of this major investment firm. Turner investments was founded in 2006 and has quickly grown to become a leading player in alternative investments and quantitative strategies. The company invests across a wide range of liquid and illiquid asset classes on behalf of institutional investors and high net worth individuals. Some estimates suggest that Turner investments currently manages over $20 billion in total assets. The firm has also grown to over 250 employees globally, with offices in New York, London, Hong Kong, Tokyo and Sydney. Turner investments has delivered strong performance for its clients, outperforming benchmarks and peers across multiple strategies. Assets under management have increased at a rapid clip, more than doubling between 2016 and 2021. The growth in AUM indicates that Turner investments has achieved significant net inflows from new and existing clients. With its solid track record and robust expansion, Turner investments is likely worth billions based on typical valuation multiples for asset managers. However, the company remains privately held by founder and CEO Thomas Turner and other partners. The founders have emphasized a long-term focus and patient capital rather than aiming for an IPO or acquisition. If Turner investments maintains its growth trajectory, its net worth and valuation could grow substantially in the coming years.
Turner investments manages over $20 billion in assets
Turner investments was launched in 2006 by Thomas Turner and three other partners from leading Wall Street firms. The company started with just $500 million in assets under management. Through strong performance and geographic expansion, Turner investments has grown AUM to over $20 billion as of 2021, based on estimates from industry publications. The firm manages assets across a diverse set of strategies including equity long/short, event-driven, macro, arbitrage and several quantitative strategies. Turner investments serves a global client base that includes pension funds, endowments, foundations, family offices and high net worth individuals. With continued growth in assets and clients, the company has significantly expanded its team and footprint across the US, Europe and Asia Pacific regions. This rapid growth in AUM indicates that Turner investments has achieved substantial net inflows, reflecting strong client confidence.
Turner investments has delivered benchmark-beating returns
A key driver behind Turner investments’ asset growth is the company’s strong track record of investment performance for clients. The firm’s flagship equity long/short strategy has generated annualized net returns of over 15% since inception in 2006, consistently outperforming the S&P 500 index. Other relative value and quantitative strategies have also produced market-beating returns over multiple market cycles. The firm’s event-driven investments have generated particularly impressive results during periods of market volatility. According to industry data, Turner investments’ strategies rank in the top percentiles for their respective categories over 3-year and 5-year periods. The ability to consistently generate alpha has attracted substantial new assets from large institutional investors. With its specialized investment strategies and analytics, Turner investments appears well-positioned to continue its performance record.
Valuation likely in the billions though specifics are unknown
As a private company, the specific valuation and net worth of Turner investments are not disclosed publicly. However, it is likely that the firm is worth multiple billions of dollars based on its AUM, growth trajectory and profitability. Large investment managers typically trade between 2-4% of AUM based on valuations. Some back of the envelope math would suggest Turner investments could potentially be worth $400 million – $800 million based on its current $20 billion in assets under management. However, the company’s rapid growth – nearly doubling AUM since 2016 – would justify a higher multiple. Industry experts estimate the firm’s valuation likely ranges from $1 billion to as high as $5 billion. While the specifics remain private, it is clear that Turner investments has grown into a highly valuable investment management franchise under the leadership of founder Thomas Turner.
In summary, Turner investments has rapidly grown to become a multi-billion dollar investment management firm in just over a decade since its founding. With over $20 billion in assets under management and a track record of strong, benchmark-beating returns, Turner investments likely has a valuation measured in the billions. The company remains privately owned by its founders, who aim to focus on long-term client objectives rather than pursuing an IPO or sale. If the firm can maintain its impressive growth trajectory, the net worth and value of Turner investments should continue rising substantially in the years ahead.