News Latest news from Elkstone Jus Mundi raises $10 million to democratise access to international legal resources September 21, 2021 We are proud to be part of Jus Mundi’s Series A funding round. Jus Mundi is a Paris-based legaltech company bringing international legal research into the next phase of the digital age. The vision and drive of this team gives us many reasons to be excited for the company’s journey ahead. Keep an eye out for our ‘Why We Invested’ piece on Jus Mundi in the coming weeks. Paris, September 21, 2021 – Jus Mundi, a search ...Read more Alan Merriman: Reputation allows you to attract better venture opportunities August 3, 2021 Alan spoke to Transmission Private to discuss the challenges and opportunities family offices face in the VC Market. Alan commented “Another way reputation is important is because the VC space is a network game. In other words, the strength of your reputation also leads to network compounding, the more powerful your network the more access to the best deals you can get. It’s circular and reputation is completely intertwined with success in the ...Read more Meet Elkstone’s New CIO Karl Rogers August 3, 2021 We are delighted to introduce Karl Rogers who has joined the Elkstone family as Chief Investment Officer. Karl brings a wealth of expertise in asset allocation and alternative investments including hedge funds, impact investments and niche commodity market trading. Previously to Elkstone, Karl was a Managing Partner with Athlon, a multi-family office, which looks after professional athletes; Head of US Power Trading at RISQ Energy, Managing ...Read more Elkstone on Backing Unicorns, Investing in Prop-Tech and How Covid Has Changed Venture Capital June 22, 2021 This month, two of our portfolio companies – LetsGetChecked and Thirty Madison achieved unicorn status. In today’s article from The Currency, Alan explains what we saw in both businesses, reveals why we are now investing in prop-tech and how Covid has changed venture investing. Alan Merriman, Chairman said: “LetsGetChecked is an amazing business, but we need the right set-up to help more start-ups come through. The Irish ecosystem ...Read more Elkstone Partners Invest With Altada Technology Solutions April 20, 2021 We are delighted to announce that Elkstone is now invested with Altada Technology Solutions, who are already delivering leading-edge highly valuable AI-assisted analytics along with material cost savings to a growing pedigree of global fintech and bio-related players. Altada, founded by Allan F. Beechinor and Niamh Parker in 2017, uses its AI platform to embed effective AI at the heart of organisations. Altada is a solutions provider for ...Read more Elkstone Partners Announce Multi-Million Pound Student Accommodation Scheme April 13, 2021 Ireland’s leading multi-family office Elkstone Partners has announced its acquisition of a site on Belfast’s Bradbury Place where a £20m purpose-built student accommodation and retail scheme will be developed. 30-44 Bradbury Place is the first acquisition in Northern Ireland for the Real Estate division of the investment firm. Development of the site will not only result in an additional 156 student beds for the 2022/2023 academic year, ...Read more Why an Irish private equity firm wants movement on angel tax relief October 7, 2020 Elkstone is calling for the terms of Enterprise and Investment Incentive (EII) legislation to be amended to get much needed equity to Irish early-stage ventures and to encourage a culture of angel investing here similar to the United States. According to Alan Merriman, Chairman “The Irish venture ecosystem needs further development to compete with the leading start-up centres of London, Berlin, Paris, New York and San Francisco…success begets ...Read more Kate Fullen Joins Elkstone Venture Team September 29, 2020 We are delighted to announce that Kate Fullen has joined the Venture team at Elkstone to assist in managing the deal pipeline and assessing new investment opportunities. Kate graduated with First Class Honours from Trinity College with a degree in Law and Business. Whilst studying at Trinity, she was president of the entrepreneurial society (TES – Trinity Entrepreneurial Society) and was the sole Irish student chosen to participate in the ...Read more Elkstone Closes High-Quality Real Estate Deal During Pandemic August 25, 2020 Bank of Ireland, Balbriggan has been acquired by Elkstone for €5.5m. The Property has a 14 year unexpired lease to Bank of Ireland and the transaction was funded by Elkstone clients and senior debt from Ulster Bank. Commenting on the deal, Ciarán McIntyre said “In the middle of the pandemic, we closed a property transaction. We are delighted to acquire a quality asset for our clients and are grateful for the support from Ulster Bank as ...Read more ‘It is very important to make an effort to shop local, particularly in rural areas’ August 24, 2020 Joe Bergin, Director, Business Development at Elkstone, talks to The Irish Times about his personal investment experiences, best value purchases, and how the COVID-19 crisis has changed his spending habits. Read more here: Joe Bergin interview published in The Irish Times ...Read more Family Offices Can Propel The EU Venture Capital Ecosystem August 19, 2020 Some of the oldest venture firms were developed as the investment arms of wealthy families. This piece published by Forbes looks at how families struggle to find an approach to VC investment that works for them, which is where family offices with their financial strength and extensive relationship networks can help, and drive the European tech ecosystem forward. Alan Merriman, quoted in this article, commented that “First-generation family ...Read more ‘Entrepreneurship is a rollercoaster – you need to have the stomach for it’ July 21, 2020 Alan Merriman gives his advice for start-ups, from the importance of grit, determination, and an ability to keep going, to why false hope is dangerous for founders. He also talks about his passion for venture and “helping other entrepreneurs with their challenges and scaling ambitions by acting as a sounding board.” Read more here: Alan Merriman interview published in Silicon Republic ...Read more Venture Deal News – Kontainers is acquired by Descartes June 16, 2020 Well done to all at Kontainers, a provider of client-facing digital freight execution platforms, following the announcement that they are being acquired by Canadian company Descartes Systems Group, a leading provider of solutions to freight forwarders with more than 10,000 forwarding customers across the globe. Elkstone has been delighted to have supported Kontainers on its journey and we are looking forward to seeing it achieve its full global ...Read more Alan Merriman Interview on The Entrepreneur Experiment June 9, 2020 Alan Merriman speaks to Gary Fox of The Entrepreneur Experiment podcast, about Ireland’s start-up ecosystem and reveals exactly what he seeks in a founder and a venture investment, as well as his own personal account of how he got started in venture investing. There are many different ways how Elkstone supports Irish early-stage ventures which Alan outlines, as well as his hopes for Government legislative change to enable the launch of the ...Read more Elkstone’s Portfolio COVID-19 Response Initiatives May 27, 2020 COVID-19 has significantly affected people and their communities globally and unfortunately a lot of the societal and economic impact will remain apparent for some time to come. On a positive note, the last three months have accelerated a lot of shifts in human behaviour that......Read more Best of luck to all at TES and Trinity SMF May 26, 2020 Elkstone has been delighted to support the next generation of entrepreneurs and investors in Trinity Student Managed Fund and TES – Trinity Entrepreneurial Society. Best of luck to the members of each group who will soon finish their time at Trinity. Thank you to the leadership committees of each for all of your hard work, dedication and enthusiasm over the last year, in particular Dina Abu-Rahmeh, Kerrie Patterson, Kieran Gormley, Aaron ...Read more Times Square Debut for LetsGetChecked Following $71M Raise May 8, 2020 LetsGetChecked, an Elkstone portfolio company, raised $71 Million in funding in a Series C Round last week with high calibre healthcare investors Illumina Ventures and HLM Ventures. The new funding will help the company increase its manufacturing, supply and testing for COVID-19, as well as scaling-up its laboratory capacity and rapid US expansion. It was also very nice to see Nasdaq publicly congratulating LetsGetChecked on a billboard in Times ...Read more Techstars Ireland Global Online Startup Weekend April 28, 2020 Well done to everyone who participated and volunteered with Techstars Ireland Global Online Startup Weekend “Unite To Fight Covid-19” which took place last weekend. Elkstone was delighted to support such a tremendous initiative that saw some amazing teams working together online over 54 hours developing solutions that directly tackle COVID-19-related challenges. The winning idea was FeverFinder enabling employees to quickly detect ...Read more Dublin-based Developer of Voice Tech for Kids Raises $6.5M April 21, 2020 Dublin-based developer of voice tech for kids SoapBox Labs has announced a Series A investment of $6.5M from Elkstone, Astia, and a number of private investors. SoapBox Labs’ proprietary high accuracy speech recognition technology models the voice and speech behaviours of young kids and is used in a growing number of edtech apps, toys and games. The company is the pioneering developer of safe and accurate voice technology for kids. Named one of ...Read more What is a Family Office? April 17, 2020 Family Offices are known for providing independent guidance and oversight of their clients Investment Portfolio. For the founders of early stage companies however, Family Offices are a sometimes overlooked source of funding and added value, particularly through connecting them with their extensive international networks. Here is an interesting read about what a Family Office is, and the benefits that they offer founders when investing in early ...Read more “A huge intervention is needed. Money needs to go to the right places as quickly as possible” March 26, 2020 An interview with Alan Merriman is the lead story published today by Tom Lyons in The Currency discussing how he built the business with his team and the sector and economic challenges ahead. “Elkstone genuinely can be a window into Ireland by attracting family money and venture money into Irish real estate or into Irish venture, and also being a window out of Ireland, because I think it’s important that we bring people sophisticated wealth ...Read more Business as usual, in unusual business times March 18, 2020 At Elkstone, our business is centred on relationships, and our priority is the safety of our people, our clients, and the founders of the companies that we support. Elkstone is open for business, our full team is working remotely to be there as needed. All usual communication methods for the entire team are open and available. ...Read more Celebrating Female Founders on International Women’s Day March 8, 2020 Elkstone is proud to support the ambitious founders of all of the innovative early stage companies that we help to develop and grow worldwise. On the occasion of International Women’s Day, we would like to take the opportunity to recognise the increasing number of incredible female entrepreneurs who we support around the world: Soapbox Labs; N-PRO Headgear; Change Donations; With Clarity; Gudog; HidraMed Solutions; tausendkind GmbH; ...Read more Joe Bergin appointed to lead Elkstone Galway Office February 27, 2020 In response to the rapid growth in our business nationwide, Elkstone has opened an office in Galway city and has appointed Joe Bergin to lead operations. Joe will focus on bringing wealth management advice and opportunities to new and existing clients in region. Joe has extensive experience in various financial services roles. Most recently he worked with Ulster Bank assisting clients with financial investment and funding advice across all ...Read more The Trinity Dragon’s Den Final – Trinity Entrepreneurship Society (TES) flagship event of the year February 18, 2020 The Trinity Entrepreneurship Society (TES) flagship event of the year, the Trinity Dragon’s Den Final, will be taking place tomorrow. Just six teams have made it through to the final round and will pitch for a prize of €10,000, and a spot in the LaunchBox, Tangent’s Student Accelerator at Trinity College Dublin. Elkstone is delighted to be a partner of TES, and Paddy Dillon will join the judging panel tomorrow. For anyone who would like ...Read more How Irish wealthy investors are investing – Sunday Independent Rich List February 17, 2020 Alan Merriman, Executive Chairman at Elkstone, provided insights into how the wealthy invest their money which was published in The Sunday Independent Rich List 2020. He commented that “there is a growing appetite in Ireland for “alternative investments”, meaning more money going into private credit, venture capital and hedge funds.” He also noted some generational differences to investing, “Older generations are ...Read more Alternative Investments Conference hosted by Trinity Student Managed Fund February 11, 2020 Well done to Michael O’Callaghan, Head of Alternative Investments, and all of the team at Trinity Student Managed Fund (SMF) for hosting another impressive panel of speakers, who shared their knowledge and advice on alternative asset classes, and their own personal career journey to date. Pictured is: Alan Merriman, Executive Chairman at Elkstone, who provided the opening address, along with panellists Chris Hulatt, Angela Billick, Peter ...Read more Real Estate Focus on Limerick City – A Resurgent Investment Hub February 5, 2020 Limerick is Ireland’s third largest City by population with just over 100,000 residents including suburban areas. (Image source: Limerick.ie) The economic downturn had a substantial impact on Limerick beginning with the closure of Dell’s primary European Manufacturing Plant in 2009. At the time, the plant’s operations made up 5.5% of Irish exports and accounted for 2% of Ireland’s GDP. It’s cessation led to 1,900 job losses. Many core retail ...Read more Graduate Opportunity in Venture Capital at Elkstone January 30, 2020 Elkstone, Ireland’s leading Multi-Family Office, is hiring an Analyst to its Venture Capital investment team in Dublin starting in September 2020. About Elkstone Venture Our Venture business invests in early stage, digitally enabled companies across Europe and the USA. We have a sector-agnostic investment approach, with over 50 portfolio companies across verticals such as drone delivery, marketplaces, wearables, artificial intelligence, voice ...Read more IntertradeIreland Seedcorn Investor Readiness Competition 2019 December 6, 2019 IntertradeIreland Seedcorn Investor Readiness Competition 2019 Well done to all of the entrants in the 2019 InterTradeIreland Seedcorn Investor Readiness Competition which took place in Dublin. This is largest competition of its kind in Ireland offering a total cash prize fund of €280,000. Tracworx from Limerick has been named the overall winner. The company has developed a patient tracking system that uses only the existing Wi-Fi networks in a ...Read more Edward Yusko Joins Elkstone December 5, 2019 Edward Yusko Joins Elkstone Elkstone has announced Edward Yusko as a key senior appointment to oversee Business Development. Edward has over 30 years’ experience in high growth Financial Services and Technology companies, both in the U.S. and Ireland. He has worked in senior roles with Merrill Lynch Private Client Group in Beverly Hills, California, and more recently Bank of Ireland Private Banking and Key Capital Private in Dublin. Throughout ...Read more Why Peter Foley of LetsGetChecked has a healthy interest in testing times December 4, 2019 Why Peter Foley of LetsGetChecked has a healthy interest in testing times “As a first-time founder, the biggest lessons have been hiring the right people and keeping the company on track with its objectives. When you go from three or four people to 130, you suddenly find there are people who don’t know why the company was set up…The company is what’s relevant; whatever my role is in that, I’m happy to do it.” Read the business ...Read more Paul Gorman Presents to Trinity Student Managed Fund November 25, 2019 Paul Gorman Presents to Trinity Student Managed Fund As part of our continued partnership with Trinity Student Managed Fund(SMF), Paul Gorman, Chief Investment Officer at Elkstone, provided an educlass to some of its members where he shared key learnings gained from 30 years direct experience as an investor in global Equity and Fixed Income markets. He also gave a practical run-through of a selection of cross asset considerations, different ...Read more Idea2Scale November Event November 20, 2019 Idea2Scale November Event The final Idea2Scale event for 2019 took place last week featuring entrepreneur Ross O’Dwyer of Pundit Arena. His business builds a centralised B2C consumption platform for sports content and uses AI to make data-driven content production decisions that accelerate their monthly and annual recurring membership subscriptions. Elkstone is a partner of Idea2Scale which fosters entrepreneurship and aims to grow the ...Read more Family Offices Look to Ireland for Investment November 11, 2019 Family Offices Look to Ireland for Investment Ireland has become an attractive location for Family Offices and high net worth (HNW) investors seeking an array of compelling investment opportunities in real estate; an increasingly vibrant early stage venture scene; mispriced asymmetrical private credit and lending opportunities. Read more in the following article by Alan Merriman that was recently published in Family Office Magazine....Read more Let’s Talk: Funding and Scalability November 6, 2019 Let’s Talk: Funding and Scalability Pádraig Owens was a speaker at the last CBRE Proptech meetup for 2019 on the topic of “Let’s Talk Funding and Scaling” which took place yesterday evening. The panel discussion, moderated by Myles Clarke, included Jeff Caselden and Niall McEvoy who shared the truths and successes of their startup journeys. The CBRE Proptech challenge is still live! The deadline for all entries has been extended to 20th ...Read more Meet Elkstone at Web Summit November 4, 2019 Declan Magee and Paddy Dillon of the Elkstone Venture team will be in Lisbon for Web Summit this week. If you would like to get in touch with them to discuss venture opportunities please email declan@elkstoneprivate.com or paddy@elkstoneprivate.com....Read more Venture Success at the National Startup Awards October 23, 2019 Well done to SalesOptimize on winning Gold in the Emerging-Tech Startup category; Change Donations on winning Silver in the Fintech Startup category; and Flipdish on winning Silver in the Tech Startup category of the National Startup Awards which took place in Dublin last night – A great result for these impressive Irish companies and their Founders! Pictured are representatives from SalesOptimize and Flipdish. ...Read more Women in Leadership Trinity Event October 10, 2019 Last night Trinity Student Managed Fund held the Fourth Annual Women in Leadership Conference celebrating business leaders who empower and inspire change within the industry. The panel of speakers shared their stories and experiences and how they have been agents of change in their fields. The panel comprised Margot Slattery (Head of Sodexo Ireland and newly appointed Global Chief Diversity Officer), Sene Naopu (International Rugby Player & ...Read more Supporting the Next Generation of Investors October 8, 2019 Elkstone is delighted to become a Platinum Partner of Trinity Student Managed Fund (SMF). The SMF is Europe’s first student-run equity portfolio and provides unparalleled educational resources for the personal and professional development of Trinity student members. Our Investment Services team led by Fiona Sweeney is looking forward to becoming actively involved with SMF, attending and speaking at various events throughout the year. ...Read more Nurturing Entrepreneurship at University Level October 3, 2019 Elkstone is delighted to announce our partnership with Trinity Entrepreneurial Society (TES). The society fosters innovation in Trinity College and aids students on all stages of their entrepreneurial journey through an array of programmes and events. The TES Incubator Unit provides students with a practical platform to pitch their business ideas and members of the Elkstone Venture team are looking forward to supporting them on their ...Read more Idea2Scale October Meet-Up Event September 26, 2019 The next Idea2Scale event, sponsored by Elkstone, will take place on Wednesday, 2nd October in Dublin city centre. The theme of this event is food and the guest speaker is entrepreneur Philip Martin, founder and CEO of Blanco Niño and Little Ass Burritos. He will share his entrepreneurial journey so far and what he learned from closing a successful crowdfunding campaign. To attend, or for more information about this event click on the following ...Read more Niamh De Búrca joins the Elkstone team September 18, 2019 Elkstone has appointed Niamh De Búrca as Relationship Manager, with a focus on providing investment advice to High Net Worth clients in Ireland and internationally. Niamh has over 18 years’ experience in Irish and international Private Banking and financial services companies. Previously, Niamh held Relationship Management roles with AIB, HSBC and Bank of Ireland Private Banks. Professionally, Niamh is a qualified AITI Chartered Tax Adviser ...Read more Seán Blank joins the Elkstone team September 16, 2019 Seán Blank has joined Elkstone as a Manager on our Real Estate team. He has previously worked as a Management Consultant in London and Hong Kong, and is a graduate of Warwick Business School and NUI Galway. Welcome to the team Seán! ...Read more Elkstone takes part in GT5K 2019 September 4, 2019 Well done to everyone who took part in the Dublin GT5K 2019! Representing Elkstone on the night were: Pádraig Owens, Chunpeng Fan, Marcus Pieterse, Paul Gorman, Darren Murray ACA, Aiden O Donnell, and Yuriy Kovalchuk. Our teams did brilliantly on the night, with one team coming in the Top 70 out of over 1,000 teams! Thanks to all of the organisers at Athletics Ireland and sponsors Grant Thornton LLP for hosting another great event. ...Read more Dallan Gallagher joins the Elkstone team September 2, 2019 Dallan Gallagher has joined Elkstone as a Manager on our Real Estate team. He has previously worked in client fund management, private equity and wealth management. Dallan has a MA in Accountancy and Finance from the University of Aberdeen and an MSc from the Michael Smurfit Business School. Welcome to the team Dallan! ...Read more Conor Sweeney joins the Elkstone team August 12, 2019 Elkstone has announced that Conor Sweeney has joined the firm as a Venture Partner. This senior appointment strengthens the Venture team at Elkstone with three Venture Partners now in place focused on investing in and supporting our portfolio of high growth internationally focussed early stage venture companies. Conor has over 20 years professional investment experience in corporate finance and investment management roles in the sector. Conor is ...Read more Darren Murray joins the Elkstone team August 8, 2019 Darren Murray has joined Elkstone as a Financial Accountant. Darren is a Chartered Accountant (ACA) and joins from accountancy firm Walsh O’Brien Harnett. He is a graduate of the National College of Ireland. Welcome to the team Darren! ...Read more What is a family office? What founders need to know July 26, 2019 Unveiling the mystery around family offices, what they do and how they invest in start-ups is looked at in the following Sifted, supported by FT, article. According to Alan Merriman who contributed to the piece, “One big advantage of family office investors is that they tend to have a good depth of knowledge of running a business.” Read the full article here ...Read more Chunpeng Fan joins the Elkstone team July 26, 2019 Chunpeng Fan has joined Elkstone as a Real Estate Analyst. He holds a Masters in Quantitative Finance from the Michael Smurfit Business School and a Bachelor of Commerce from UCD. Welcome to the team Chunpeng! ...Read more DUBLIN OFFICE 32 Molesworth Street, Dublin, D02 Y512 +353 1 662 5020 GALWAY OFFICE 4th Floor, Unit 9 Dockgate Dock Road Galway H91 DFP3 +353 86 7758331 ElkstoneHub Careers Privacy Statement Elkstone Private Regulatory Disclosures Elkstone Private Advisors Ltd is regulated by the Central Bank of Ireland. NEWSLETTER Subscribe to our newsletter for news & updates Sign up