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{{Short description|British landowner and hedge fund manager}}
{{Short description|British landowner and hedge fund manager}}
'''Alexander Frederick Clifford Darwall''' is a British landowner, hedge fund manager, and millionaire. He is notable for having roles in several large investment companies, his donations to [[UKIP]], the Leave Party, and for his 2022-23 court case where he limited public access to [[Dartmoor]].
'''Alexander Frederick Clifford Darwall''' is a twat, British landowner, hedge fund manager, and millionaire. He is notable for having roles in several large investment companies, his donations to [[UKIP]], the Leave Party, and for his 2022-23 court case where he limited public access to [[Dartmoor]].


== Business roles ==
== Business roles ==

Revision as of 13:58, 17 January 2023

Alexander Frederick Clifford Darwall is a twat, British landowner, hedge fund manager, and millionaire. He is notable for having roles in several large investment companies, his donations to UKIP, the Leave Party, and for his 2022-23 court case where he limited public access to Dartmoor.

Business roles

Darwall was, in 2019, manager of Jupiter European (now known as European Opportunities Trust PLC) and the related Jupiter European Growth investment companies.[1] He has managed investment portfolios for over 23 years, and has been an employee of Goldman Sachs and Enskilda Securities.[2] He has also managed a company known as Devon Equity Management, whose aim is to "achieve long term capital growth by exploiting special investment opportunities in Europe".[3] Devon Equity Management invests on behalf of the European Opportunities Trust, as well as Luxembourg UCITS SICAV.[4]

Darwall owns several large tracts of land across the UK. One of these is the 16,000 acre Sutherland Estate in Scotland, which he bought in November 2016 for around £5m.[5] He and his wife entered the national news in 2018 after they started charging gold panners £10 per day, limiting their access area, and limiting their time to two weeks per year, as people were selling the gold, which is not something they believe should be permitted.[5]

Darwall also owns the 4,000 acre Blachford Estate in Dartmoor, and has done since 2011.[6] Darwall's Blachford Estate has received financial support from the European Agricultural Fund for Rural Development.[7] He has come to notice for challenging the interpretation of the Dartmoor Commons Act 1985 in court: Darwall does not believe that the law allows camping on his land, although historically wild camping, where no damage has been caused, has been lawful on the moor.[6] In January 2023, the High Court found in Darwall's favour, removing the right to wild camp on Dartmoor; it was previously the only location in England and Wales where camping without the permission of the landowner was legal.[8][9]

Political activity

Darwall has donated £89,999 to the right-wing UK Independence Party, the Anti-EU Vote Leave campaign, and the Conservatives between 2014 and 2019.[10] Part of this money included a donation to Anthony Mangnall, the current MP for Totnes, Devon.[10]

References

  1. ^ Lokhandwala, Taa (2019-04-03). "Alex Darwall steps down as manager of Jupiter European". Investors' Chronicle.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Alexander Darwall". Citywire. Retrieved 2022-12-13.{{cite web}}: CS1 maint: url-status (link)
  3. ^ "Devon Equity Funds SICAV - European Opportunities I GBP Acc, LU2091191705:GBP summary - FT.com". markets.ft.com. Retrieved 2022-12-13.
  4. ^ "About Us". Devon Equity Management. Retrieved 2022-12-13.
  5. ^ a b "Landowners panned for charging those in search of a little pot of gold". HeraldScotland. Retrieved 2022-12-13.
  6. ^ a b "Legal right to wild camp on Dartmoor never existed, court hears". the Guardian. 2022-12-13. Retrieved 2022-12-13.
  7. ^ "Blachford Estate". 2016-10-15. Retrieved 2023-01-13.
  8. ^ "Right to wild camp in England lost in Dartmoor court case". The Guardian. 13 January 2023. Retrieved 13 January 2023.
  9. ^ Darwall and Darwall -v- Dartmoor National Park Authority [2023] EWHC 35 (Ch), Approved Judgment and Judgment summary, High Court of Justice, 13 January 2023
  10. ^ a b "Search - The Electoral Commission". search.electoralcommission.org.uk. Retrieved 2022-12-13.