The New Wave Fund leverages Belerion Capital’s unique knowledge base in e-commerce and the technologies that enable it.
Our returns are underpinned by a disciplined approach to investing into high quality business models, companies we understand well and management teams we can trust.
Our investment team has over 40 years’ experience investing into e-commerce and technology – we focus on generating a return on this intellectual capital.
E-commerce is a superior offering in terms of choice, price, price transparency, convenience and content - the overwhelming majority of consumers choose e-commerce solutions when they are available.
C85% (Source Statista) of global trade still takes place offline, demonstrating the scale of the opportunity as e-commerce penetration rates are forecast to grow at 19% CAGR to 2022(Goldman Sachs) from 15% currently to c50% in the long run (Goldman Sachs).
The global pandemic has accelerated this shift not just in 2020, but in outer years as businesses and consumers adopt digital solutions whilst legacy physical operators close down at record speed (Goldman Sachs).
Using our core industry-specific expertise, spanning from aggregated knowledge of the e-commerce and technology related industries, the fund has the aim to invest into the acceleration of global digitalisation, while making use of the opportunities offered by the structural losers and permanently impaired companies in core sectors of focus.
We also retain the flexibility to invest in pre-IPO situations where we believe there is a direct pathway to IPO.