On The Line

Ed Stubbings: A new era for emerging managers

Alice Murray Season 1 Episode 14

In this broad and multi-faceted discussion, Ed Stubbings shares his journey from studying theology to becoming a prominent figure in the private capital funds industry. From his formative experiences at Bank of America Merrill Lynch, then to Houlihan Lokey, and in 2020 launching his consultancy business Ternion. 

He reveals the genesis behind the British Emerging Manager Institute and what has been achieved so far, including rapid international expansion.  

Ed also provides tips on how to develop your own, authentic, personal brand. 


Key takeaways

  • Ed's journey from theology to leveraged finance.
  • The importance of mentorship and networking in career transitions.
  • Being part of the founding team behind Beartooth provided Ed with invaluable entrepreneurial experience.
  • Ternion evolved to address the growing needs of emerging managers.
  • The British Emerging Manager Institute aims to support all new fund managers via free resources and a ready-made network of peers. 
  • Expansion into the US reflects the growing demand for a more robust emerging manager ecosystem.
  • Personal branding can yield surprising results.
  • Despite the current malaise, the future of private markets is promising, with an abundance of opportunities for innovation and growth.