Clarendon Fund Managers

About Clarendon Fund Managers

Clarendon Fund Managers is Northern Ireland's longest-running co-investment venture capital manager with approximately £94 million in regional VC funds as of December 2024 (Co-Fund NI £47.3 million, IFNI Clarendon Equity Finance as part of the £70 million Investment Fund for Northern Ireland), headquartered in Belfast at Craig Plaza, Fountain Street. The firm was founded in 2001 and operates as an independent fund manager deploying public and agency capital from Invest NI, the British Business Bank and Innovation Ulster, having backed 100-plus companies since 2001.

Investment thesis

Clarendon Fund Managers deploys capital through approximately four to five funds (Co-Fund NI I-III, IFNI Clarendon Equity Finance), targeting equity co-investment alongside business angels and syndicates with initial cheques of approximately £50k-£250k (Co-Fund) up to £5 million (IFNI), plus follow-on support. Sector focus spans software, compliance and regtech, healthtech and biosecurity, edtech, tech for good and consumer tech (broadly sector-agnostic). Geographic deployment is Northern Ireland. The platform pairs public funds with local angel capital.

Recent activity

Recent realised exits include compliance and manufacturing software (2025). Recent acquisitions include an edtech and payments follow-on (2026), air-sterilisation and biosecurity tech (2025) and accessibility tech-for-good software (2025). The platform continues active deployment across the Northern Ireland co-investment mandate.

Frequently asked questions

What investment strategy does Clarendon Fund Managers focus on?

Clarendon Fund Managers focuses on VC, Growth strategies in the private equity space.

How many portfolio companies does Clarendon Fund Managers have?

Clarendon Fund Managers has 54 active portfolio companies and 11 completed exits and 3 funds tracked on GP Intel.

Where is Clarendon Fund Managers headquartered?

Clarendon Fund Managers is headquartered in Belfast, United Kingdom.

What is Clarendon Fund Managers's assets under management?

Clarendon Fund Managers manages approximately €165M in assets under management.

When was Clarendon Fund Managers founded?

Clarendon Fund Managers was founded in 1998.

What sectors does Clarendon Fund Managers invest in?

Clarendon Fund Managers invests across Healthcare, Software, TMT, Industrials.

What are Clarendon Fund Managers's recent exits?

Recent realized exits by Clarendon Fund Managers include: CADshare (2026) to Documoto (Valstone); Reform RX (2025) to iFIT; AuditComply (2025) to Nulogy; Surgery Hero (2025) to Sword Health; Repstor (2021) to Intapp; Titan IC Systems (2020) to Mellanox Technologies; Ingresso (2017) to Accesso Technology Group; PathXL (2016) to Royal Philips.