Leeside Capital Partners LLP has achieved direct authorisation from the UK's Financial Conduct Authority (FCA), effective from 5 May 2026.
The London-based investment manager is authorised as a UK MiFID firm with permissions related to investments. The firm focuses on opportunistic European credit.
Leeside was co-founded by Gavin Colquhoun and Rahul Ahuja, who previously worked together at Deutsche Bank. Announcing the launch in September 2025, Ahuja described Leeside as "an investment firm focused on opportunistic European credit", adding that he was co-founding it with his "ex-colleague, longstanding friend and now business partner" Colquhoun.
Ahuja serves as Leeside's Chief Investment Officer after more than 10 years at Fortress Investment Group, where he was Co-Head of European Credit and a member of the management committee. He previously spent almost 11 years at Deutsche Bank, including roles in European and Asian distressed credit and the Distressed Products Group.
Colquhoun will be CEO of the newly authorised investment manager. He spent more than 22 years at Deutsche Bank, including as Head of European Public Credit, Head of the European Distressed Products Group, and Co-Head of the European Investment Bank. His Deutsche Bank profile included oversight of public credit, distressed products, credit solutions, flow credit trading, and a 25-person distressed products team.
The FCA register lists Colquhoun as holding the SMF1 Chief Executive and SMF27 Partner roles. Ahuja also holds the SMF27 Partner role.
Malcolm Goddard holds the SMF16 Compliance Oversight and SMF17 Money Laundering Reporting Officer roles. His background includes senior operating and advisory roles across investment management, including Partner and CFO/COO at Zetland Capital, Partner and Chief Operating Officer at Altima Partners, and Partner at Crooklets LLP.
