Hilltop buys controlling stake from Round Hill Capital

DFT can confirm that Hilltop Credit Partners has completed a management buyout of Round Hill Capital’s shares in the company.

Following this, Hilltop’s founder and CEO Paul Oberschneider (pictured above) is now the majority shareholder of the firm.

In an official statement made by Hilltop, the firm said the decision was mutual, and was something it contemplated for some time.

“We’ve had and continue to have a good relationship with Round Hill Capital as one of our key investors, but it has been agreed for some time that once Hilltop was able to run independently, it would become a separate entity,” Paul commented.

“Hilltop has built a wide credit platform across the UK and felt it was time to take control of its business,” added one of the firm’s spokesperson.

Round Hill Capital will remain a key LP investor in several of Hilltop’s funds.

According to the statement, Hilltop will continue to actively deploy capital across the UK market, while fundraising for additional UK and Europe-focused real estate credit strategies that seek to capitalise on dislocations in the current market environment.

Commenting on the news, a Round Hill Capital spokesperson said: "Hilltop has been a successful investment for us, and this transaction is the culmination of the business plan we have had in place since launching the company alongside Paul in 2019.”

This news follows confirmation that at the end of 2022, one of Round Hill Capital Europe’s UK-based entities, RHC Europe LLP, was placed into liquidation, with Begbies Traynor appointed to oversee the process.

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