Team
Ptarmigan Capital's team combines energy, experience, and an owner-manager mindset.
Founder & CEO
William Davies
William co-founded Ptarmigan Capital and is responsible for client relationships and business growth. He has over a decade of experience working with private clients across their affairs. A former Army officer, William spent five years in the Light Dragoons, completing two operational tours of Afghanistan. William started his financial career at JPMorgan, moving to roles at Credit Suisse and HBS London before co-founding Ptarmigan Capital in 2023. He is PCIAM qualified and has a degree in english and classics from the University of Newcastle.
Founder & Head of Investment Management
Douglas Barnett
Douglas co-founded Ptarmigan Capital and is responsible for managing client portfolios and relationships. Prior to this he was a Director at Waverton Investment Management where he ran portfolios on behalf of Private Clients. During his time at Waverton he wrote and presented the award winning Why Invest? podcast and in 2021 he was included in the PAM Top 40 Under 40. He is a Member of the Chartered Institute for Securities & Investment, holds the Investment Management Certificate, Chartered Alternative Investment Analyst Designation, and a degree in chemistry from the University of Edinburgh.
Founder & CIO
Charles Jones
Charles co-founded Ptarmigan Capital and is responsible for the investment management process. He previously spent 9 years at Waverton Investment Management where he co-managed the Waverton Global Equity Fund, the Waverton Strategic Equity Fund, and provided US equity research recommendations to the firm. He is a CFA charterholder and has a first class master’s degree in aeronautical engineering from the University of Durham.
Fund Manager
Ed Roe
Ed joined Ptarmigan Capital in 2024 as a Senior Portfolio Manager, responsible for the management of client portfolios as well as supporting the investment management process. He previously spent seven years at Ruffer LLP where he ran portfolios for a range of charities, trusts and pension schemes and supported the management of Ruffer’s flagship funds. He is a CFA charterholder, holds the Investment Management Certificate, is a Member of the Chartered Institute for Securities & Investment and has a degree in physics from the University of Oxford.
Fund Manager
Tommy Faber
Tommy joined Ptarmigan Capital in 2025 as a Fund Manager, responsible for the management of the Ptarmigan Global Equity Fund as well as supporting the investment management process. Prior to joining Ptarmigan, he spent 10 years at Waverton Investment Management, where he managed the Waverton Global Equity Fund and provided equity research recommendations to the firm. He is a CFA charterholder, a Member of the Chartered Institute for Securities & Investment, and holds a degree in Chemistry from Imperial College London.
Head of Compliance
Victoria Moffatt
Victoria joined Ptarmigan Capital in 2025 and is responsible for the company’s compliance function as the firm builds out its private client offering. Victoria has 15 years’ experience in the Financial Services sector across front office, legal and compliance. She previously spent eight years at Ruffer LLP, forming part of their Monitoring Team as a Compliance Analyst. She has a degree in History from the University of Nottingham, and completed her Graduate Diploma in Law and Legal Practice Course with BPP.
Non-Executive Director
Philippe Hancock
In 2003, Philippe co-founded HBS SA, a successful multi-family office based in Geneva. Philippe joined BNP Paribas (Suisse) SA in 1986, he worked for 17 years as Senior Banker in the International Credit department and joined the Executive Committee. In 1996, he moved to the Private Bank team and ran the Swiss, UK, Scandinavian and Eastern European markets for BNP Paribas Private Bank globally. He is a director of a number of companies, including Ptarmigan Capital, and acts as strategic advisor to several families. He holds a degree in economics from the University of Geneva with a major in law.
Non-Executive Director
George Palmer
George is currently Group CFO of UK Land, a family owned property company with diverse interests in commercial, residential and land assets. He started his career at Grant Thornton where he trained as a chartered accountant and ended his time there running acquiror due diligence in the SME and Financial Services space. After that he joined Waverton as an analyst but ended his time managing its Global Equity Fund and with research responsibility for Japan as well as running portfolios for family clients. It was there that he worked with Charles Jones and Douglas Barnett. He joined the Ptarmigan Capital board as a Non-Executive director in November 2024.
Compliance Consultant & General Counsel
Andrew Case
Andrew acts as a Compliance Consultant having previously held the SMF16 (head of compliance) and SMF17 (head of anti-money laundering) roles at Ptarmigan Capital. He has worked in law and compliance for over 30 years including experience at Merrill Lynch and Morgan Stanley. He is a member of the New York and Connecticut bars, and holds a BA (magna cum laude) from Yale University and a JD from Columbia University.
Advisory Board
Our Advisory Board brings industry experience and provides strategic guidance to help us enhance our services for clients.
Lord Charles Hemphill
Lord Hemphill brings over 40 years of experience in institutional asset management, family office advisory, and fiduciary oversight. He has held senior roles including Managing Director at Deutsche Asset Management, Partner and CEO at Spencer House Capital Management, and Director at Waverton Investment Management. Throughout his career, he has managed global equity portfolios and advised both institutional and private clients on long-term investment strategy, asset allocation and capital preservation. He now focuses on board and trustee roles, where he contributes extensive expertise in investment governance, endowment management, and stewardship of long-term capital across charities, educational institutions, and private estates.
Sir Laurie Magnus CBE
Sir Laurie brings more than 45 years of experience across the commercial, charity, and public sectors, with a distinguished career in investment banking specialising in capital raising, mergers and acquisitions. He has held senior leadership positions at major financial institutions and currently serves as a senior adviser at Evercore and Chair of The City of London Investment Trust. His extensive public and charitable service includes nearly three decades of involvement with organisations such as the National Trust and English Heritage. Sir Laurie served as Chair of Historic England from 2013 to 2023 and has been the Independent Adviser to the Prime Minister on Ministerial Standards since December 2022, initially appointed by Rishi Sunak and subsequently confirmed by Sir Keir Starmer.
Orlando Fraser CBE KC
Orlando is a leading commercial barrister with nearly 30 years of practice at 4 Stone Buildings. Appointed King’s Counsel in 2014, he has developed a strong reputation in complex commercial matters alongside a significant contribution to the charitable and voluntary sector. He previously served as a board member of the Charity Commission from 2013 to 2017 and returned as Chairman from 2022 to 2025. His broader public service has included roles on the Civil Justice Council and the National Council for Voluntary Organisations’ Advisory Council.
William Hanbury
William is a consultant and advisor to hedge funds and asset managers. He was a top quartile fund manager at Waverton, managing the $120 million Asia-Pacific Fund from 2013-2021. Before Waverton he was a director at Active Capital Management, which specialises in quantitative trading. He graduated with a master’s degree in economics from Edinburgh University in 2004 and has a broad experience of financial markets having worked in equity analysis, derivative structuring and trading.