Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | Other • IT (& TMT) • BioTech • Businesses Solutions • Hardware (& Manufacturing) • Energy • Food & Beverage • Material Science • Medical Devices (& Hospital Services) |
Stages | Seed, Startup, Early Stage |
Investing | United Kingdom |
Clarendon Fund Managers Limited is a venture capital fund manager located in Belfast, managing £94m of regional venture capital funds in Northern Ireland, which includes the Co-Investment Fund. As an authorised and regulated entity by the Financial Conduct Authority, they focus on nurturing high-growth potential businesses based in Northern Ireland across various industries including IT, BioTech, Business Solutions, Energy, Food & Beverage, Material Science, Medical Devices and more. Since its inception in 2001, Clarendon Fund Managers has made investments in over 100 companies, demonstrating a commitment to fostering innovation and growth within these sectors. Their investment expertise revolves around both debt and equity financing, with a specialty in seed, startup, and early stage investments, reflecting their role as a crucial supporter of emerging businesses in these stages. The Co-Investment Fund, which they manage, typically commences with initial investments ranging from £50k to £250k and provides follow-on investment to support growth. In addition to the Co-Investment Fund, the Investment Fund for Northern Ireland aims to invest in ambitious teams in high-growth companies across startup, early, growth, and expansion stages, with cheque sizes ranging from £250k to £3m. Clarendon Fund Managers have also demonstrated support after initial investments, as evidenced by recurring follow-on investments which have helped their portfolio companies, such as AuditComply, to secure further strategic investments for scaling operations. The team is led by experienced professionals including Neil Simms as the Financial & Investment Director, Jim Curran and Brian Cummings as Investment Directors, and Damien Callaghan as the Chairman. The firm's contribution to the venture capital landscape extends to participating in thought leadership and industry events, as indicated by their activities reported in regional news, positioning them as integral players in the private equity scene in Northern Ireland.