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One of Britain’s top hedge fund managers is cruising off Mallorca

Reported by Majorcadailybulletin ·Opalesque
Jul 27, 2026· 2 min read
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Key Takeaways
  • • Ross J. Turner, founder of London-based Pelham Capital and ranked among Britain's top 20 wealthiest hedge fund managers by the Sunday Times, currently owns the 72-metre superyacht Arbema, spotted cruising off Puerto Portals, Mallorca on July 27, 2026.
  • • The Arbema (formerly Azteca), previously owned by Mexican billionaire Ricardo Salinas Pliego, underwent a multi-million-dollar refit in 2023 and features 8 cabins accommodating 12 guests, 24 crew capacity, a 100m² beach club with fold-out swim platform, dedicated cinema, massage room, and full-beam owner's suite with private balcony.
  • • The yacht is available for luxury charter at approximately €600,000 per week, indicating significant capital deployment and lifestyle positioning consistent with ultra-high-net-worth hedge fund leadership.
  • • Pelham Capital specializes in event-driven distressed credit and special situation opportunity funds, with Turner having founded the firm in 2007 at age 29 following portfolio management roles at Lansdowne Partners and JP Morgan Cazenove Limited.
Summary
Ross J. Turner, founder and owner of Pelham Capital, a London-based long/short equity hedge fund, is currently cruising in the Mediterranean aboard the 72-metre superyacht Arbema off Puerto Portals, Mallorca. Turner, ranked by the Sunday Times among the 20 wealthiest hedge fund managers in Britain, owns the vessel, which was previously owned by Mexican billionaire Ricardo Salinas Pliego and underwent an extensive multi-million-dollar refit in 2023.

The Arbema accommodates up to 12 guests across 8 cabins and maintains a crew complement of up to 24 personnel. The vessel features luxury amenities including a 100-square-metre beach club with fold-out swim platform extension, a full-beam owner's suite with fold-down private balcony, dedicated massage room, cinema theater, on-board elevator, and a sprawling sundeck equipped with a large Jacuzzi. The yacht is reportedly available for luxury charters at approximately €600,000 per week.

Pelham Capital, Turner's flagship investment vehicle, specializes in event-driven distressed credit and special situation opportunity funds. Turner established the firm in 2007 at age 29, leveraging his prior experience as a portfolio manager at Lansdowne Partners, one of London's prominent hedge funds, and earlier roles as an Investment Adviser at JP Morgan Cazenove Limited. According to the firm's positioning, Turner's strategies at Pelham Capital have frequently outperformed his former employers' track records.

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Sources

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Majorcadailybulletin One of Britain’s top hedge fund managers is cruising off Mallorca Opalesque One of Britain's top hedge fund managers cruising off Mallorca