Lansdowne Partners buys stake in Achica

One of the world’s biggest hedge funds, London-based Lansdowne Partners, has taken a stake in Achica, the

online homewares site set up by Asos co-founder Quentin Griffiths.

According to documents filed at Companies House, the 16 billion dollars hedge fund, has built a stake in Achica.

The filling reveals that e-tailer would be considering an initial public offering down the line in London, in order to provide an exit route for its early backers, reported the ‘Sunday Telegraph’.

It´s worth to remember that Achica’s chief executive Steve Robinson said in a recent interview that the business is looking to expand internationally.

Private equity firm Balderton Capital was an early investor.