Jeremy Hosking

Jeremy John Hosking (born 20 July 1958), is an English businessman, who made his fortune through investment and private equity, including as a co-founder and investment portfolio manager for private investment fund Marathon Asset Management. Hosking is also well known for his extensive collection of steam locomotives, and share holding in Crystal Palace F.C. Hosking was ranked number 309 in the Sunday Times Rich List in 2015, with a value of £330M.^[1]

Career

After graduation from Cambridge University in 1979, Hosking worked for G.T. Management PLC in Hong Kong and the United States. In 1986, he co-founded Marathon in London. Hosking lead investment in South East Asia, the Americas and South Africa. In late 2012, Hosking founded Hosking and Co.^[2]

Hosking has written various papers on investment and corporate governance, including "South East Asia: Eighteen Reasons to be Bearish" in August 1995.

Private investments

In December 2009, Hosking donated £30,000 for funding research support, to Conservative MP David Davis.^[3]

In March 2010, Hosking bought the West Sussex country house hotel, the Gravetye Manor, out of administration.^[4]

In August 2010, Hosking was part of a four-man consortium which bought Selhurst Park, and then residents Crystal Palace football club out of administration, via the limited company CPFC 2010.^[5] On 18 December 2015, it was announced that American investors Josh Harris and David Blitzer had bought a major share holding in the club.^[6] Whilst Steve Parish continued as chairman alongside Harris and Blitzer, fellow CPFC 2010 investors Browett, Long and Hosking each retained a reduced 8% investment.^[7]

Railways

Hosking owns a number of steam locomotives and one diesel locomotive, a number of which are operated by Locomotive Services Ltd. He also founded the Royal Scot Locomotive and General Trust, to originally purchase 6100 Royal Scot, which now itself both owns a number of steam locomotives and operates workshops at Crewe. In 2016, Hosking purchased a one-third stake in the Dartmouth Steam Railway plc which operates the Paignton to Dartmouth heritage line in Devon.^[8]

Engines currently owned by Hosking include:

Class	Number (&Name)	Image	Current location	Current status
GWR 4073 Class	5029 Nunney Castle		LNWR Heritage, Crewe	Undergoing overhaul, return to traffic hoped for in mid 2016.
GWR 6959 Class	6960 Raveningham Hall[9]		West Somerset Railway	Operational, non mainline.
GWR 4200 Class	4270		Gloucestershire Warwickshire Railway	Operational, non mainline. Returned to operations in 2014, hauling its first train in 54 years.
SR West Country	34046 Braunton		Southall LS	Operational, Mainline Certified (2016 - 2023). Returned to traffic in 2016 following the completion of an overhaul, currently disguised as scrapped sister 34052 Lord Dowding.
LMS Stanier Class 5MT	45231 The Sherwood Forester		Carnforth MPD	Operational, Mainline Certified (2013 - 2020). Purchased in November 2015 following the death of Bert Hitchen, the locos previous owner.[10]
LNER Class A4	4464 Bittern		LNWR Heritage, Crewe	Having worked the final year of its current boiler certificate at the Mid-Hants Railway, now in store at Crewe Heritage Centre awaiting overhaul.
BR Standard Class 9F	92212		Mid-Hants Railway	Operational, non mainline. Due to a lack of a flange on the centre driving wheel, cannot be mainline certified.
BR Class 08	08780		Southall LS	Operational

References