Crispin Odey

Part of the Powerbase Brexit Portal.

Robin Crispin Odey is a prominent hedge fund figure in London.

He is a donor to the Conservative Party, UKIP and the campaign for the UK to leave the EU.

He is founder of hedge fund Odey Asset Management.

Brexit

Odey backed Vote Leave, donating £873,328 to the campaign for Britain to leave the EU.

He says that talk about hedge fund managers wanting to come out of Brussels because of the directives introduced after the financial crisis that might have affected their industry is “all crap”. Rather, he says, “Europe hasn’t exactly covered itself in glory”.

Betting on Brexit

The Evening Standard reported that Odey had placed a big-stakes bet on the outcome of the Brexit referendum, which paid off handsomely – Odey made profits of £220 million – as markets went into a tailspin.

Straight after the referendum vote, Odey was quoted as saying: “I feel fantastic. It’s a fantastic decision by the electorate.” “There’s that Italian expression,” he told the BBC. “‘Al mattino ha l’oro in bocca’ – the morning has gold in its mouth – and never has one felt so much that idea as this morning really.”

However, in January 2017, it was reported that Odey had 'slumped to his biggest ever losses'. His fund lost nearly 50% of its value in 2016 'as his ultra-pessimistic bets on the UK economy turned sour', wrote the Independent.

Business interests

Odey is founder of hedge fund Odey Asset Management.

In 2008, as markets crashed, Odey made millions short selling bank stocks.

Odey's company Odey Asset Management previously owns 12% of Circle Holdings, owner of private hospital company Circle Health.

Political Donations

Recorded by the Electoral Commission:

Date	Name of donor	Amount	Donated to	Subsidiary (parties only)
02/10/2014	Robin C Odey	£10,000.00	Conservative Party	Hereford and South Herefordshire
17/06/2014	Robin Odey	£12,000.00	UK Independence Party (UKIP)	Central Party
23/04/2014	Robin Odey	£10,000.00	UK Independence Party (UKIP)	Central Party
08/10/2013	Robin C Odey	£9,000.00	Conservative Party	North East Somerset
06/04/2011	Odey Asset Management Group Limited	£20,000.00	No Campaign Limited
03/03/2011	Odey Asset Management Group Limited	£20,000.00	Conservative Party	Central Party
26/01/2011	Robin C Odey	£50,000.00	Conservative Party	Central Party
19/07/2010	Robin C Odey	£6,000.00	Conservative Party	Orpington
11/05/2010	Robin C Odey	£2,000.00	Conservative Party	Mid Sussex
26/04/2010	R C W Odey	£4,000.00	UK Independence Party (UKIP)	Central Party
14/04/2010	Robin C Odey	£2,000.00	Conservative Party	North East Somerset
09/02/2010	Robin C Odey	£5,000.00	Conservative Party	Forest of Dean
30/06/2009	Robin C Odey	£5,000.00	Conservative Party	Hereford
23/06/2009	Robin C Odey	£10,000.00	Conservative Party	Central Party
12/06/2009	Robin Crispin William Odey	£15,000.00	Christian Party "Proclaiming Christ's Lordship" [De-registered 26/07/12]
28/05/2009	Crispin Odey	£3,000.00	Pro Democracy: Libertas.eu [De-registered 02/11/10]
16/05/2009	Crispin Odey	£5,347.00	Pro Democracy: Libertas.eu [De-registered 02/11/10]
16/05/2009	Crispin Odey	£1,617.00	Pro Democracy: Libertas.eu [De-registered 02/11/10]
15/04/2009	Robin Crispin William Odey	£10,000.00	Christian Party "Proclaiming Christ's Lordship" [De-registered 26/07/12]
25/03/2009	R C W Odey	£100,000.00	Conservative Party	Central Party
13/02/2009	Robin C Odey	£9,000.00	Conservative Party	Central Party
07/07/2008	Robin C Odey	£30,000.00	Conservative Party	Central Party
03/12/2007	Robin C Odey	£3,000.00	Conservative Party	Gloucester

Affiliations

• Kwarsi Kwateng worked as an analyst for Odey Asset Management.
• Circle Holdings
• Odey was briefly married to Rupert Murdoch’s daughter Prudence.