Westbourne Capital was one of the first pure-play infrastructure-debt managers when it was founded by a trio of former Hastings executives. On its 10th anniversary, founder and managing director David Ridley talks about increasing competition, LP appetite and what the future holds.
When David Ridley left Hastings Funds Management to start Westbourne Capital in 2008, he wouldn’t have expected that competition from his old firm would cease to exist within 10 years. He was confident, of course, that his involvement with Hastings would stand him in good stead to compete – but not that he would outlast his venerable former employer.
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