Identifying, appraising and principally, building successful E-Commerce & Technology businesses is the central aspect of our business.
We base our investment decisions on fundamental analysis, proprietary research and the operational experience of our team and our unique Advisory Network.
We Proactively utilize this experience day to day, sharing best practice between operators and companies in our network to their mutual benefit.
The customer is shifting online as the proposition offered by online businesses is superior in breadth of offering, transparency of pricing and convenience of delivery.
The pace, scale and importance of this shift is not fully appreciated by the overwhelming majority of traditional investors, commentators or businesses.
The scalable nature of online businesses underpins a ‘winner takes most’ endgame in which the best and most efficient operators will command the greatest market share.
Iain has been working in the investment industry for over 25 years.
Prior to forming Belerion, Iain worked as CIO of the William Currie Group; the private family fund of Bill Currie and before that with the investment banks Numis and Charterhouse. At Numis, Iain joined what was a very small, niche stockbroker focussed on the Lloyds insurance market and helped to grow the business over the next seven years into one of the UK’s pre-eminent mid-sized investment bank. Iain established Numis’ research team (which became number one ranked within two years) and at the same time consolidated his own position as the leading retail and e-commerce analyst.
Since moving to the “buy side”, Iain has focussed on investing primarily in e-commerce and SaaS companies. Notable investments include ASOS, The Hut Group, Boohoo, Metapack, Eagle Eye Solutions, Anatwine and Lifeworks.
Iain is also a non-executive Director of The Hut Group, Boohoo.com, and CentralNic.
David has over four years’ experience as a principal investor at firms including; Livingbridge, Gresham House and Puma Investments. He has primarily made investments into technology, consumer and digital media businesses.
He holds an MSc in Management Science from Imperial College London and a BA (Hons) degree in Politics & Psychology from Cambridge University.
Jose has over 15 years’ investment experience. He started his investment career at Numis working alongside Iain McDonald in the n.1 ranked research retail team. He then moved to the buy side as a portfolio manager at Horizon Asset ltd and later to J Safra Sarasin.
He holds an MSc in Finance from Imperial College London and a BSc degree in Economics from UCL.
Nick Co-founded asos.com Limited in 2000, and served as its Chief Executive Officer until September 2015, when he became a Non-Executive Director.
Nick’s career began in 1987 at the advertising agency, Young & Rubicam. In 1991, he moved to Carat, the UK’s largest media planning and buying agency and then in 1995 he went on to co-found Entertainment Marketing Ltd, a marketing services business.
He’s chairman of the ASOS Foundation, a registered charity funded by ASOS which works to improve the lives of young people in the UK and overseas through long-term partnerships with established local charities. Nick was awarded an OBE in 2011 for his achievements in the world of fashion retailing.
Chris is a commercial visionary and pioneer of ground-breaking e-commerce solutions with a career pedigree that spans two decades of launching high profile brands into global markets. As an acknowledged subject matter expert in ecommerce and an ambassador for online retail, Chris is an industry disruptor and early adopter of emerging technology that has delivered hundreds of millions in revenues to retail partners all over the world.
Most recently, as founder and CEO of pioneering technology company, Anatwine, Chris and his teams have revolutionised the fashion retail market, globally. His trailblazing software has been adopted industry-wide as the ‘platform of choice’ for 65 of the top 100 fashion brands and retailers worldwide, and Anatwine is recognised as one of the fastest growing technology companies in Europe. Chris exited the Anatwine business upon sale to global fashion brand, Zalando, in October 2017.
Charles, was, until recently, Chief Executive Officer of Market Tech Holdings, a main list property and digital technology group with over £1.3bn of assets and £100m of digital revenue. Having led it from a successful IPO he went on to raise over £1bn in equity and debt and completed a successful sale to LabTech Investments Limited towards the end of 2017.
Prior to joining Market Tech, Charles was, from 2010, Group Chief Executive of Netplay TV, the AIM listed UK interactive TV gaming company, where he led a significant turnaround of the business.
Charles is currently non-executive Chairman of Highcroft Investments Ltd and MySale Group Plc, non-executive Director of Essensys Plc and is a member of the Institute of Chartered Accountants in England and Wales.
Chude Chidi-Ofong was most recently Partner and Chief Operating Officer of Engadine Partners LLP, where he had responsibility for all aspects on the non-investment side of the firm.
He has worked in the hedge fund space since 2001 in various business side roles. Prior to joining Engadine, he had senior roles at Ledbury Capital Partners LLP, Eton Park International LLP and Caxton Europe Asset Management Limited.
He is a current member of the Alternative Investment Management Association’s (AIMA) CFO and COO committee which represents Hedge Fund’s and Asset Manager’s Interests; and a member of AIMA’s Research committee which publishes papers on topics affecting the wider alternative investment management environment Chude was previously a member of the International Swaps and Derivatives Association (ISDA) Buyside Committee on CDS Clearing.
He holds an LLB from the London School of Economics and an LLM from Manchester University.
Chris Thear is an experienced Chief Operating Officer and brings with him over 19 years of capital markets and alternative asset management experience.
Chris began his career in operations at Marble Bar Asset Management LLP in 2001, before moving to Credit-Suisse where he worked in Prime Brokerage covering several Hedge Fund clients, including high-profile multi-strategy accounts. In 2008, Chris acquired Fintech experience when he joined Bloomberg to lead a team selling portfolio management systems into European Hedge Funds.
Since 2010, Chris has developed extensive experience as an asset management Chief Operating Officer, which includes being part of the founding team of two Hedge Fund launches and running a third.
Chris currently serves as an advisor to two financial technology firms and holds a BA in Industrial Economics from Nottingham University Business School.
Please read this important information before proceeding. It contains legal and regulatory notices relevant to the information on this site.
This website provides information about Belerion Capital Ltd. (“Belerion”). Belerion is an appointed representative of Capricorn Fund Managers Limited authorised and regulated by the Financial Conduct Authority. The content of this website has been prepared by Belerion from its records and is believed to be accurate but we do not accept any liability or responsibility in respect of the information of any views expressed herein. The information, material and content provided in the pages of this website may be changed at any time by us. Information on this website may be out of date and may not be updated or removed.
The website is provided for the main purpose of providing generic information on Belerion and on our investment philosophy for the use of financial professionals in the United Kingdom that qualify as Professional Clients or Eligible Counterparties under the rules of the United Kingdom Financial Conduct Authority (the “FCA”). The information in this website is not intended for the use of and should not be relied on by any person who would qualify as a Retail Client. Products and services referred to on this website are offered only at times when, and in jurisdictions where, they may be lawfully offered. The information on this website is not directed to any person in the United States. The provision of the information on this website does not constitute an offer to purchase securities to any person in the United States (other than a professional fiduciary acting for the account of a non-U.S person) or to any U.S. person as such term is defined under the Securities Act of 1933, as amended.
The website is not intended to offer investors the opportunity to invest in any Alternative Investment Fund (“AIF”) product. The AIFs managed by Belerion are not being marketed in the European Economic Area (“EEA”) and any eligible potential investor from the EEA who wishes to obtain information on the AIFs will only be provided with materials upon receipt by Belerion of an appropriate reverse solicitation request in accordance with the requirements of the EU Alternative Investment Fund Managers Directive (“AIFMD”) and national law in their home jurisdiction. By proceeding you confirm that you are not accessing this website in the context of a potential investment by an EEA investor in the AIFs managed by Belerion and that you have read, understood and agree to these terms.
No information contained in this website should be deemed to constitute the provision of financial, investment or other professional advice in any way. The website should not be relied upon as including sufficient information to support any investment decision. If you are in doubt as to the appropriate course of action we recommend that you consult your own independent financial adviser, stockbroker, solicitor, accountant or other professional adviser. Past performance is not necessarily a guide to the future. The value of investments and the income from them may go down as well as up. An application for any investment or service referred to on this site may only be made on the basis of the offer document, key features, prospectus or other applicable terms relating to the specific investment or service.
Where we provide hypertext links to other locations on the Internet, we do so for information purposes only. We are not responsible for the content of any other websites or pages linked to or linking to this website. We have not verified the content of any such websites. Such websites may contain products and services that are not authorised in your jurisdiction. Following links to any other websites or pages shall be at your own risk and we shall not be responsible or liable for any damages or in other way in connection with linking.
By using this site, you should be aware that we may disclose any information that we hold about you to any regulatory authority to which we are subject, or to any person legally empowered to require such information.