Company
History
London-based since 1996, Albion combines longevity and agility across market cycles with long-term capital and scale-up know-how to deliver venture breakthroughs.
Our Team
At Albion we believe in the power of human connection. Since our formation, we have fostered a culture that welcomes everyone, where everyone can succeed.
- Partners
- Investment
- Platform
- Sales & Marketing
- Compliance
- Operations
Partners
Patrick Reeve
Chairman
Executive
Patrick qualified as a chartered accountant with Deloitte Haskins & Sells before joining Cazenove & Co in the corporate finance department. He joined Close Brothers Group in 1989, where he was a director of the private equity and corporate finance divisions. He established Close Ventures in 1996 and led the management buyout in 2009 to create the Albion of today.
Patrick has an MA in Modern Languages from Oxford University.
Will Fraser-Allen
Managing Partner
Executive
Will joined Albion in 2001 and is the current Managing Partner of Albion Capital and Chair of the investment committee. He is part of the Association of Investment Companies (AIC) board, the British Private Equity & Venture Capital Association (BVCA)’s venture capital committee and the All Party Parliamentary Group (APPG) for Entrepreneurship’s dvisory board. Will was previously the Chair of the Venture Capital Trust Association (VCTA).
Will qualified with CLB in 1996, and then joined the firm’s corporate finance team. He holds a BA Hons in History from Southampton University.
Andrew Elder
Deputy Managing Partner
Executive
Andrew joined Albion in 2005 and focuses on medical technologies, digital health and technology-enabled services to the life-science sector. He initially practised as a surgeon for six years before joining the Boston Consulting Group (BCG) in 2001 specialising in healthcare strategy.
He has an MA plus Bachelors of Medicine and Surgery from Cambridge University and is a Fellow of the Royal College of Surgeons (England).
Andrew also oversees the management of the UCL Technology Fund in collaboration with UCLB. For more information please visit http://www.ucltf.co.uk
Vikash Hansrani
Operations Partner
Executive
Vikash joined Albion in 2010 and oversees the finance and administration of all funds. He is a member of Albion’s Executive, Valuation and Risk Management Committees. Vikash qualified as a chartered accountant with RSM and latterly worked in its corporate finance team before joining Albion.
He has a BA (Hons) in Accountancy & Finance from Nottingham Business School.
Adam Chirkowski
Partner
Adam joined Albion in 2013 and focuses on opportunities in B2B software and ClimateTech. He has invested, advised, and sat on the board of companies across a broad range of sectors including involvement in raising and deploying over £150m of funds into the Renewable Energy sector. Prior to joining Albion, Adam started his career in M&A investment banking at Rothschild.
Adam holds a BA (Hons) degree in Industrial Economics and a masters in Corporate Strategy and Governance from the University of Nottingham.
Cat McDonald
Partner
Cat joined Albion in 2018 and focusses on fintech, security and productivity. She is particularly interested in software that is transforming big, legacy industries as well as tech solving core issues for society. Prior to joining Albion, Cat worked in New York and London as an Investment Banker with Goldman Sachs.
Cat holds a degree in Economics from Harvard University, focussed on global economic development and behavioural economics.
Christoph Ruedig
Partner
Christoph joined Albion in 2011 and focuses on digital health and life sciences. Christoph started his career as a radiologist, and went on to strategy consulting at Bain & Co. He entered the venture capital industry in 2006 focusing on healthcare with 3i Group followed by corporate M&A with General Electric’s digital health division.
Christoph holds a doctorate in medicine from Ludwig-Maximilians University, Munich and an MBA from INSEAD.
David Grimm
Partner
David joined Albion in 2016 and focuses on a wide range of deeptech opportunities, including Quantum Computing, Machine Learning and Data Analytics, Cleantech, Medtech, Edtech and Hardware. He started his career at Detica before moving to China to work in an FMCG start-up. He then moved to the investment side, joining Spark Impact in 2012.
David holds a Masters’ degree in Natural Science (Mathematics and Chemistry).
David Gudgin
Partner
David joined Albion in 2005 and heads up renewables at Albion. He initially worked at the BBC and ICL, specialising in commerce, before joining 3i as an investment manager in 1999. David is on the board of many of the Biogas, Hydro and Wind investments.
David holds degree in Economics from the University of Warwick.
Ed Lascelles
Partner
Ed joined Albion in 2004, leads on technology investing and heads up the Tech team. Prior to Albion, Ed worked at ING Barings advising UK public companies on M&A, IPOs and fundraisings during the dotcom era.
Ed graduated from UCL with a degree in philosophy.
Emil Gigov
Partner
Emil joined Albion in 2000 and focuses on investments in fintech, data/AI and wider B2B software sectors. Prior to Albion, Emil started his career in corporate finance at KPMG in London.
Emil holds a BA (Hons) degree in European Business Administration and is a Fellow of the ICAEW (FCA).
Jane Reddin
Partner
Jane joined Albion in 2020 and heads up the platform team. She has extensive talent and team building experience, having previously held positions as Talent Advisor at EQT Ventures and Balderton Capital. Jane also co-founded The Talent Stack in 2018, a talent management consultancy for early-stage companies.
Jane holds a BA Double Hons degree in French and German from Durham University.
Jay Wilson
Partner
Jay joined Albion in 2019 and focuses on FinTech investment opportunities. Jay was previously at Bain & Co advising private equity and sovereign wealth funds on acquisitions of European technology, financial and business services companies, having been working in Financial Services since 2005.
Jay holds a first class MMath Mathematics Degree from the University of Exeter, and an MBA from London Business School/ The Wharton School at the University of Pennsylvania.
Marco Yu
Partner
Marco joined Albion in 2007 and specialises in energy related investments. He has deep knowledge and understanding of energy generation, distribution, balancing, storage as well as servicing the sector and has led over 20 investments to date. Prior to joining Albion, he qualified as a Chartered Surveyor with Bouygues (UK). He is also an Honorary Lecturer at UCL.
Marco holds a first-class degree in Economics from Cambridge University and a PhD in Construction Economics from UCL.
Nadine Torbey
Partner
Nadine joined Albion in 2018 and focuses on all aspects of technology investing. Prior to joining, she was an analyst at Berytech Fund, one of the first VC funds in the Middle East.
Nadine has a B.Eng in electrical and computer engineering from The American University of Beirut and a Master’s Degree in Innovation Management and Entrepreneurship from Brown University.
Paul Lehair
Partner
Paul joined Albion in 2019 and focuses on opportunities in enterprise software spanning API, fintech, data/AI and B2B marketplaces. He was previously Finance Director at Citymapper and worked in business operations at Viagogo. Before this, Paul worked in M&A at Citigroup.
Paul holds a Dual Degree of Sciences from the London School of Economics and Po Paris.
Robert Whitby-Smith
Partner
Robert joined Albion in 2005 and focuses companies operating in the B2B software and DeepTech space. He has led over 20 investments with recent exits including Atego (PTC), Grapeshot (Oracle), PSE (Siemans). Robert started his career in corporate finance at KPMG, then built up further finance experience at Credit Suisse First Boston and ING Barings.
Robert holds a BA (Hons) degree in History and is qualified as a chartered accountant.
Simon Goldman
Partner
Simon joined Albion in 2016 and specialises in life-science investments, focusing on therapeutics, delivery systems, diagnostics and medical devices. Before Albion, Simon completed his PhD (and postdoc) at the University of Cambridge, prior to which he was at Goldman Sachs JBWere in Melbourne, predominantly in Healthcare/Biotech and portfolio strategy research. He also worked in several roles across the UK and Australian biotech start-up sectors.
Simon holds a BSc in Finance/Neuroscience from the University of Melbourne University of Melbourne and a PhD in Neuroscience from the University of Cambridge.
Investment
Adam Chirkowski
Partner
Adam joined Albion in 2013 and focuses on opportunities in B2B software and ClimateTech. He has invested, advised, and sat on the board of companies across a broad range of sectors including involvement in raising and deploying over £150m of funds into the Renewable Energy sector. Prior to joining Albion, Adam started his career in M&A investment banking at Rothschild.
Adam holds a BA (Hons) degree in Industrial Economics and a masters in Corporate Strategy and Governance from the University of Nottingham.
Andrew Elder
Deputy Managing Partner
Executive
Andrew joined Albion in 2005 and focuses on medical technologies, digital health and technology-enabled services to the life-science sector. He initially practised as a surgeon for six years before joining the Boston Consulting Group (BCG) in 2001 specialising in healthcare strategy.
He has an MA plus Bachelors of Medicine and Surgery from Cambridge University and is a Fellow of the Royal College of Surgeons (England).
Andrew also oversees the management of the UCL Technology Fund in collaboration with UCLB. For more information please visit http://www.ucltf.co.uk
Cat McDonald
Partner
Cat joined Albion in 2018 and focusses on fintech, security and productivity. She is particularly interested in software that is transforming big, legacy industries as well as tech solving core issues for society. Prior to joining Albion, Cat worked in New York and London as an Investment Banker with Goldman Sachs.
Cat holds a degree in Economics from Harvard University, focussed on global economic development and behavioural economics.
Christoph Ruedig
Partner
Christoph joined Albion in 2011 and focuses on digital health and life sciences. Christoph started his career as a radiologist, and went on to strategy consulting at Bain & Co. He entered the venture capital industry in 2006 focusing on healthcare with 3i Group followed by corporate M&A with General Electric’s digital health division.
Christoph holds a doctorate in medicine from Ludwig-Maximilians University, Munich and an MBA from INSEAD.
David Grimm
Partner
David joined Albion in 2016 and focuses on a wide range of deeptech opportunities, including Quantum Computing, Machine Learning and Data Analytics, Cleantech, Medtech, Edtech and Hardware. He started his career at Detica before moving to China to work in an FMCG start-up. He then moved to the investment side, joining Spark Impact in 2012.
David holds a Masters’ degree in Natural Science (Mathematics and Chemistry).
Ed Lascelles
Partner
Ed joined Albion in 2004, leads on technology investing and heads up the Tech team. Prior to Albion, Ed worked at ING Barings advising UK public companies on M&A, IPOs and fundraisings during the dotcom era.
Ed graduated from UCL with a degree in philosophy.
Emil Gigov
Partner
Emil joined Albion in 2000 and focuses on investments in fintech, data/AI and wider B2B software sectors. Prior to Albion, Emil started his career in corporate finance at KPMG in London.
Emil holds a BA (Hons) degree in European Business Administration and is a Fellow of the ICAEW (FCA).
Jay Wilson
Partner
Jay joined Albion in 2019 and focuses on FinTech investment opportunities. Jay was previously at Bain & Co advising private equity and sovereign wealth funds on acquisitions of European technology, financial and business services companies, having been working in Financial Services since 2005.
Jay holds a first class MMath Mathematics Degree from the University of Exeter, and an MBA from London Business School/ The Wharton School at the University of Pennsylvania.
Kibriya Rahman
Investment Manager
Kibriya joined the Albion investment team in 2022 having helped to lead the commercial growth strategy at Funding Circle and made up part of a team launching and scaling new digital products for Formula 1. Before this, he worked at OC&C Strategy Consultants where he delivered on strategy and due diligence projects.
Kibriya graduated from Oxford University with an MMath degree.
Leigh Brody
Investment Manager
Leigh joined Albion in 2021 and focuses on transformative technologies and therapeutics opportunities in life sciences. Having started as a bench scientist at the Broad Institute of Harvard and MIT, she went on to do a PhD in Biomedical Sciences, which led her into industry after a technology she developed was the basis for a spin-out company.
Leigh holds a BSc in Biochemistry from Simmons University and a PhD from Imperial College London.
Marco Yu
Partner
Marco joined Albion in 2007 and specialises in energy related investments. He has deep knowledge and understanding of energy generation, distribution, balancing, storage as well as servicing the sector and has led over 20 investments to date. Prior to joining Albion, he qualified as a Chartered Surveyor with Bouygues (UK). He is also an Honorary Lecturer at UCL.
Marco holds a first-class degree in Economics from Cambridge University and a PhD in Construction Economics from UCL.
Molly Gilmartin
Investment Director
Molly joined Albion in 2022, focusing on opportunities in health tech and digital pharma. Before that she was at McKinsey & Co covering healthcare systems, services and technologies. Prior to McKinsey, Molly was Chief Commercial Officer of Induction Healthcare Group, which completed an IPO on AIM in 2019, and a founding team member of Pando, a messaging and workflow tool for doctors.
Molly holds a degree in Medicine & Surgery, and a BA in Molecular Medicine, from Oxford University.
Nadine Torbey
Partner
Nadine joined Albion in 2018 and focuses on all aspects of technology investing. Prior to joining, she was an analyst at Berytech Fund, one of the first VC funds in the Middle East.
Nadine has a B.Eng in electrical and computer engineering from The American University of Beirut and a Master’s Degree in Innovation Management and Entrepreneurship from Brown University.
Paul Lehair
Partner
Paul joined Albion in 2019 and focuses on opportunities in enterprise software spanning API, fintech, data/AI and B2B marketplaces. He was previously Finance Director at Citymapper and worked in business operations at Viagogo. Before this, Paul worked in M&A at Citigroup.
Paul holds a Dual Degree of Sciences from the London School of Economics and Po Paris.
Robert Whitby-Smith
Partner
Robert joined Albion in 2005 and focuses companies operating in the B2B software and DeepTech space. He has led over 20 investments with recent exits including Atego (PTC), Grapeshot (Oracle), PSE (Siemans). Robert started his career in corporate finance at KPMG, then built up further finance experience at Credit Suisse First Boston and ING Barings.
Robert holds a BA (Hons) degree in History and is qualified as a chartered accountant.
Sebastian Hunte
Investment Manager
Sebastian joined Albion in 2022 focusing on deeptech opportunities. Prior to joining, Sebastian worked as the technology architect and tech team lead for a think tank advising the Chief of Staff to the Prime Minister of Barbados. Sebastian holds an MSc in Computer Science from the University of Edinburgh. During his studies, he co-founded and led two start-ups to signing partnership agreements with The University of The West Indies, winning the companies’ first contracts and raising their first investments.
Simon Goldman
Partner
Simon joined Albion in 2016 and specialises in life-science investments, focusing on therapeutics, delivery systems, diagnostics and medical devices. Before Albion, Simon completed his PhD (and postdoc) at the University of Cambridge, prior to which he was at Goldman Sachs JBWere in Melbourne, predominantly in Healthcare/Biotech and portfolio strategy research. He also worked in several roles across the UK and Australian biotech start-up sectors.
Simon holds a BSc in Finance/Neuroscience from the University of Melbourne University of Melbourne and a PhD in Neuroscience from the University of Cambridge.
Tanel Ozdemir
Investment Manager
Tanel helps manage the UCL Technology Fund, which is investing in commercialisation of life and physical science innovations from one of the most important academic institutions in the United Kingdom. He joined Albion in 2018 having previously been an intern with the investment team in 2016. Tanel completed his PhD and postdoctoral research at UCL where his work was focused on developing synthetic biological tools for microbiome engineering. He also holds an MSc in Nanotechnology and Regenerative Medicine from UCL and a BSc in Human Biology from King’s College London.
Valerie Aelbrecht
Investment Manager
Valerie joined the AlbionVC B2B Software team in 2022. She started her VC career at Cherry Ventures, after having been a founder and operator for 8 years in the foodtech space. Valerie exited her dark kitchen business in 2019, and stayed on for a while to streamline the operations of the joint venture – which is where she saw the potential of tech in workflow automation and supply chain management. Being slightly obsessed with operations & processes, Val continued her operator journey as a freelance consultant & advisor to a variety of businesses.
James Bailey-House
Asset Manager
James joined Albion Capital in 2022 and is responsible for managing a portfolio of renewable energy infrastructure assets, comprising of hydro, solar and wind technologies. James has ten years of experience in the renewable sector, working with Hazel Capital and Gresham House. Prior to this, James spent the earlier part of his career with J.P. Morgan investment bank, focusing on fixed income, equity, and derivatives.
Platform
Gita Kler
Platform Data Lead
Gita joined Albion in 2021 and is part of the platform team that supports the growth of our portfolio companies. Prior to joining Albion, she worked in start-ups, and national and multinational corporations across healthtech, fintech and e-commerce.
Gita holds a BSc in Economics and Finance from the University of Amsterdam and a Master’s in Management of Information Systems and Digital Innovation from the LSE.
Jane Reddin
Partner
Jane joined Albion in 2020 and heads up the platform team. She has extensive talent and team building experience, having previously held positions as Talent Advisor at EQT Ventures and Balderton Capital. Jane also co-founded The Talent Stack in 2018, a talent management consultancy for early-stage companies.
Jane holds a BA Double Hons degree in French and German from Durham University.
Lauren Apostolidis
Platform Director
Lauren joined Albion in 2022 and is part of our platform team, focusing on founder support, curation of our founder-focussed programmes, as well as building the Albion networks and ecosystem connections. Prior to joining Albion, she was Platform Lead for Huckletree and led on Fintech & Ecosystem Partnerships at Thomson Reuters.
Lauren graduated from the University of Leeds in English and Theatre.
Sales & Marketing
Agnese Palermo
Senior Marketing Associate
Agnese joined Albion in 2021 and supports marketing and communications for the business. Before this, she was at another venture capital firm in marketing and investor relations. She also previously worked for the Milan Fashion Week and the Milan Design Week in public and media relations.
Agnese has a master’s degree in Communication and International Relations and is fluent in English, Italian, French, Spanish and German.
Bryony Butler
Business Development Manager
Bryony joined Albion in 2022 and helps develop relationships with Financial Intermediaries. Prior to joining she was at the Foresight Group focusing on raising the profile of Foresight’s tax efficient products and open ended funds in the South East. Before that, Bryony spent time in client facing roles across various sectors.
Bryony holds a BSc in Psychology and Anthropology from Oxford Brookes University.
Christina Theilgaard
Head of IR & Institutional Fundraising
Christina joined Albion in 2024 and leads the fundraising and ongoing investor relations activities of Albion’s institutional funds. Prior to Albion, she was Investor Relations Manager at Amadeus Capital Partners. She also previously held senior investor relations roles with several leading asset private equity and hedge fund managers, including Rothschild & Co, Man Group, and Winton Group.
Christina has a first class BA degree in Law from the University of Cambridge. She is fluent in Danish, Swedish and Norwegian.
Katya Pogudina
Head of Marketing
Katya joined Albion in 2020 and leads on marketing strategy, branding, and communications for the business. She also oversees our ESG work. Katya started her career in the City working across commodities, shipbroking and B2B financial sales. Before joining Albion, she co-founded and ran KidPix, a successful marketplace for boutique children’s brands.
Katya holds a BA in Economics and Management University of Oxford and an MA, Energy, Trade and Finance from Cass Business School.
Le Van Ta
Senior Marketing Manager
Le Van Ta
Senior Marketing Manager
Le Van joined Albion in 2022, she supports branding and communications. Prior to joining Albion, Le Van’s marketing experience was in traditional and alternatives asset management, having started her career on M&G Investment’s graduate scheme.
Le Van holds a BSc in Economics, the Investment Management Certificate (IMC) and the CFA Institute’s Certificate in ESG Investing.
Sarah Fitton
Shareholder Liaison Officer
Stuart Mant
Head of Business Development
Stuart joined Albion in 2012 and is responsible for raising the profile of the Albion VCT offerings with Wealth Managers, Private Banks and Family offices. Prior to Albion Stuart held senior sales roles with several leading fund management houses in both the equity and fixed income markets as well as the tax efficient space.
Compliance
Linda Roberson
Head of Compliance
Linda joined Albion in 2016 and heads up all regulatory matters. She initially qualified as a solicitor with Allen & Overy before joining 3i Group first to support investment transactions and fund raisings, then on regulatory matters.
She holds an LLB in Law and French Law from Birmingham University.
Nora Stiebel
Senior Compliance Manager
Nora joined Albion in 2020 focusing on all regulatory matters for the business. Before this, Nora was Advisory Compliance Manager at Sanlam Investments, where she worked since 2010 in fund operations and compliance roles.
Nora holds a Master of Science in Business Administration from Linköping University.
Operations
Alexis Madelyn-Adjei
Executive Assistant
Annie Seigel
Senior Finance Manager
Chloe Sinclair
Executive Assistant
Daniel Galvin
Finance Manager
Elvie Mamedova
Executive Assistant
Laura Flynn
Fund Accountant
Lauren Donohue
Office Manager
Melissa Clark
Account Assistant
Mike Garret
Head of finance ACP
Natasha Lloyd
Senior Finance Manager
Paul Merchez
IT Support
Peter Balcombe
Finance & Company Secretary Manage
Roberta McKay
Receptionist
Sajni Shah
Finance Manager
Sakina Windeatt
Office Manager
Stuart Watt
Head of Fund Finance
Tanya Middleton
Account Assistant
Therese McCloy-Glenholme
Finance Manager
Vicki Caplan
Finance Manager
What Drives Us
Albion's value creation is deep-rooted in our know-how, thematic approach and a united team, many of whom have been doing this for decades.
Environment, Social & Governance (ESG)
We are firm believers that sustainability is paramount to long-term success. ESG is embedded across all areas of our business and investment process.
Build sustainably
Recognising that the most successful businesses are those that prioritise sustainability, Albion is committed to driving change and constantly evolving our practices.
Invest responsibly
ESG considerations are entrenched in our investment process and internal operations to create lasting value for all stakeholders.
Contribute positively
We’re always motivated to do better through involvement with external initiatives devoted to driving new industry standards and societal outcomes.
Download our 2024 annual ESG report.
Statements & Policies
Sustainable Finance Disclosure Regulation
Sustainable Finance Disclosure Regulation
Integration of sustainability risks
Albion Capital Group LLP (Albion Capital) is a signatory of United Nations Principles for Responsible Investments (UNPRI) and incorporates environmental, social and governance (ESG) considerations into its investment decisions. This forms part of our process to create value for investors and develop sustainable long-term strategies for our portfolio companies. We report against ESG criteria to UNPRI (annually) and to the boards of Albion Capital’s funds (quarterly).
We integrate ESG principles at the pre-investment, investment and exit stages.
Pre-investment stage: An exclusion list is used to rule out investments in high risk/ unsustainable areas. ESG due diligence is performed on each potential portfolio company to identify any sustainability risks associated with the investment. Identified sustainability risks are ranked from low to high and are reported to the relevant investment committee. The investment committee considers each potential investment. If sustainable risks are identified mitigations are assessed and, if necessary, mitigation plans are put in place. If this is not deemed sufficient, the committee would consider the appropriate level and structure of funding to balance the associated risks. If this is not possible, investment committee approval will not be provided, and the investment will not proceed.
Investment stage: An ESG clause is integrated into the template of the shareholders agreement for all new investments. The clause outlines the portfolio company’s commitment to combine economic success with ecological and social success.
All new and existing portfolio companies are asked to report against an ESG Balanced Score Card (BSC) annually. The BSC contains a number of sustainability factors against which a portfolio company will be assessed in order to determine the potential sustainability risks and opportunities arising from the investment. Each company’s BSC is scored, anonymised, and combined with the rest of the investee companies to provide a portfolio level ESG view. Every company is provided with their performance across the E, S and G relative to the rest of the portfolio and best in class performance. In addition, every company has access to their individual spider diagram which further breakdown company performance across the key areas and benchmarks it across target and the rest of the portfolio. Such detailed overview and communication plan helps each company understand how they are performing relative to their peers and vs best in class performance, plus helps drive engagement and plan for future improvements.
As minority investors in our investee companies, we have identified five ESG material factors, known internally as ESG baseline factors, that all companies are expected to meet. All companies are at different levels in their 5 ESG pillar journey. We provide resources and hands-on support for all companies to tackle each of the five pillars. Where a given company has achieved all the five base ESG factors, we look to support their leadership team with other sustainability initiatives.
Exit stage: We aim to ensure that good ESG practices remain in place following exit. For example, by ensuring that the portfolio company creates a self-sustaining ESG management system during our period of ownership, wherever feasible.
Principal adverse impact statement
The EU Sustainable Finance Disclosure Regulation (SFDR) requires us to make a “comply or explain” decision whether to consider the principal adverse impacts (PAIs) of our investment decisions on sustainability factors. Albion Capital has decided not to comply with that PAI regime at present. We are therefore required to publish and maintain on our website a statement to explain our reasons for not complying with the PAI regime, and information as to whether and when we intend to comply with such regime.
Albion Capital is supportive of the policy aims of the PAI regime, to improve transparency to clients, investors, and the market, as to how financial market participants integrate consideration of the adverse impacts of their investment decisions on sustainability factors. However, we have chosen not to comply with the regime for the time being. We manage funds that invest primarily in early-stage private companies and the data required to comply with the technical reporting requirements of the PAI regime is not readily available.
Remuneration statement
Albion Capital’s remuneration policies, procedures and practices have been designed to promote sound and effective risk management and do not encourage risk-taking which is inconsistent with the risk profiles or rules of the funds we manage. The polices are designed to encourage the alignment of the risks taken by staff with those of the funds, the investors in the funds and the firm itself and in line with the business strategy, objectives, values, and interests of the firm. Albion Capital also has policies and procedures in place to mitigate any potential conflict that may arise.
Annual staff appraisals are carried out to assess individual performance, both financial and non-financial criteria are considered when assessing performance.
We believe that sound and effective risk management will not encourage excessive risk taking with respect to sustainability risks. Our policies and procedures on mitigating conflicts are consistent with the integration of sustainability risk in the firm’s investment process. Further, the annual staff appraisals include a compliance review of any breaches or errors of any of our policies or procedures, including the ESG policy.
Diversity & Inclusion
Diversity & Inclusion
When we founded Albion is 1996, we fostered a culture that welcomes everyone, where everyone can succeed regardless of race, gender, religion, sexual orientation, age, disability, or socio-economic background.
We recognise that having varied perspectives helps generate better ideas and thus facilitates our core purpose to discover, invest in and support entrepreneurs who create category leading businesses that make a positive contribution to society. However, we also recognise that we have room to become more diverse and further benefit from the advantages that brings. As we look to lead Albion into the future, we are committed to aligning diversity and inclusion with the core business goals.
We are not looking to make progress overnight or implement quick fixes with one-off training sessions, instead we recognise that diversity, equity and inclusion are big-picture problems that require structural changes throughout the organisation, providing benefit for the long-term. Therefore, we are focusing on improving existing process and policies that go hand in hand with our cultural norms and beliefs. These include improvements such as updating our recruitment process with changes designed to help eliminate bias and broaden our sourcing of candidates.
To help diverse candidates thrive at Albion new onboarding and performance review processes have been implemented and going forward devotion to equality & fairness will be both documented in internal manuals and policies and implemented consistently across the organisation. At Albion we achieve success by working as one team, where all employees feel valued, respected, and engaged. We believe that teams perform best when individual team members feel safe to bring their whole selves to work.
Shareholder Engagement
Shareholder Engagement
Rules of the Financial Conduct Authority, implementing the Shareholder Rights Directive (EU 2017/828), impose requirements on Albion Capital Group LLP to the extent it invests or has invested, on behalf of investors, in shares listed on a regulated market.
Albion Capital manages several venture capital trusts and private limited funds all of which pursue a venture capital investment strategy, investing in unlisted early stage or growth companies. Shares listed on a regulated market are generally only held as a result of an investment in unlisted securities and are not expected to be held on a long-term basis. Accordingly, Albion Capital has determined that it is not appropriate to develop an engagement policy for the purposes of the Shareholder Rights Directive.
Charity partners
We are proud to collaborate with charitable partners that align with our values to help drive real social impact.