IMPORTANT NOTICE: THIS IS AN EXPERIENCED INVESTOR FUND.

Capital at risk. Investments of this nature carry risks to your capital, including lack of liquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Please seek independent advice as required as Red Ribbon Fund Management does not give investment or tax advice.

Please choose from one of the following:

Red Ribbon Private Equity Fund





Target Market: India/UK

Focused on Growth and Emerging Markets and Mainstream Impact Investments

Go to Investment Objective

Investment Objectives

The Investment objective is to achieve above average long-term capital appreciation by, primarily, investing in Initial Coin Offerings (“ICOs”), other Cryptocurrencies and Blockchain related technologies. The Fund may keep a large portion of the NAV in cash.

In order to achieve its Investment objective, the Fund Manager has appointed the Crypto Advisor to advise it in respect of ICOs, other Cryptocurrencies and Blockchain related technologies. North Block Capital Fund I is seeking to make 10-15 investments with a 3-5 year time horizon with an expected return over 10x in a 3-year period.

ABOUT NORTH BLOCK CAPITAL FUND I

The world of cryptocurrency and blockchain technology is a real game-changer. These technologies are based on a decentralised "peer-to-peer" network to disrupt the current economy by offering greater transparency and security for the mass across numerous sectors. Applications, such as smart contracts, private data protection, products and services traceability or money transfers fees reduction are already being developed. Cryptocurrency and Blockchain have a disruptive potential similar to the one created by the Internet during the 90s.

Such asset types may be found in projects or products which are, typically, at an early stage in their life cycle. The manner in which start-ups attract funding has changed dramatically over the recent years. Instead of common bank borrowing or selffinancing, ICOs or pre-coin offerings are becoming more common place. However, there is a lack of transparent information which makes it very difficult to analyse and assess the project or product. The Crypto Advisor will have to rely on white papers and other publicly available information to analyse an investment in an ICO, crypto currency or Blockchain related technology.

The investment strategy is focused on outright long positions in pre-ICO projects, ICOs and secondary Cryptocurrencies. Whilst it is the Fund’s intention to hold long positions, a situation may arise whereby the Fund is required to liquidate a position or numerous positions due to market or other relevant conditions. The focus of this Fund is to invest in a number of projects at various stages of development, but ideally it aims at identifying projects that have, in the opinion of the Crypto Advisor, a high return potential i.e. pre-ICO to take advantage of the full up-side potential.

Fund Fact Sheet Website

Fund Facts:

AIFM status small AIFM
Legal Structure Experienced Investor Fund
Minimum subscription None if net worth greater than €1 million or €100,000 or €50,000 with advice
Valuation period Monthly
Domicile Gibraltar
Custodian bank Turicum Private Bank Limited
Auditor BDO
Administrator Juno Fund Services Limited
Legal Counsel Triay & Triay
Listed Exchange Gibraltar Stock Exchange
ISIN Code GI000A142Z17
Listing member RSM
GSX Ticker GSX000004
Inception Date 15 June 2018
AMC fees 3% per annum
Performance fees 30% of any increase in the NAV
Administrator fees 0.20% per annum

Investment Managers

Simon Wajcenberg

In 1999 Simon Wajcenberg founded Freequotes.co.uk, the UK's first real-time share price information provider, and TMN Plc, one of the first online direct marketing companies, which was listed on AIM in 2000 and today has a market cap in excess of £100m. In 2017 Simon launched POWtoken.com which is one of the early cryptocurrencies for the mass market. POW is integrated with major social media partners Facebook and Twitter, and is experiencing exponential growth.

Charlie Faulkner

Charlie is a 15-year ad tech veteran with deep experience in the tech start-up ecosystem, both in Europe and Silicon Valley. Most recently Charlie was responsible for leading global Business Development for Manage.com, he grew their revenue from $0 - $100M before being acquired by a private equity firm. Previous to that he held commercial roles at TBG Digital (acquired by Merkle). Charlie currently advises Silicon Valley-based AI tech company Agent.ai and i-Gaming Blockchain enabled i-Gaming business CashBet where he created the world’s first ever partnership between a Cryptocurrency and a sports franchise, Arsenal FC.

Aditya Nagarsheth

Aditya is a UK-based seasoned investor with a strong interest in technological advances occurring across the world. He focuses on investments in software developments and data security. Currently a Partner at Perpetual Value Partners, Aditya is responsible for private equity fundraising, mergers and mobile platform which o mass market. POW is integrated with major social media partners Facebook and Twitter, and is experiencing exponential growth.

About North Block Capital

North Block Capital is a London based investment firm specializing in digital token capital markets that delivers advisory, capital markets, and asset management services. Current investments of North Block Capital include Enigma, Filecoin, Blockstack, Origin, Tari, Basecoin, Hashgraph and Evermarkets. North Block Capital is also a Founding Executive Committee member of Global Blockchain Fund Alliance (GBFA) www.gbfa.io - a 150+ collective of Blockchain Funds, Family Offices and UHNW private Investors. North Block Capital is principally tasked with sharing endorsed high-quality western investment opportunities with co-members of the GBFA.

Fund Commentary

The world of cryptocurrency and blockchain technology is a real game-changer. These technologies are based on a decentralised "peer-to-peer" network to disrupt the current economy by offering greater transparency and security for the mass across numerous sectors. Applications, such as smart contracts, private data protection, products and services traceability or money transfers fees reduction are already being developed. Cryptocurrency and Blockchain have a disruptive potential similar to the one created by the Internet during the 90s. Such asset types may be found in projects or products which are, typically, at an early stage in their life cycle. The manner in which start-ups attract funding has changed dramatically over the recent years. Instead of common bank borrowing or self-financing, ICOs or pre-coin offerings are becoming more common place. However, there is a lack of transparent information which makes it very difficult to analyse and assess the project or product. The Crypto Advisor will have to rely on white papers and other publicly available information to analyse an investment in an ICO, crypto currency or Blockchain related technology. The investment strategy is focused on outright long positions in pre-ICO projects, ICOs and secondary Cryptocurrencies. Whilst it is the Fund’s intention to hold long positions, a situation may arise whereby the Fund is required to liquidate a position or numerous positions due to market or other relevant conditions. The focus of this Fund is to invest in a number of projects at various stages of development, but ideally it aims at identifying projects that have, in the opinion of the Crypto Advisor, a high return potential i.e. pre-ICO to take advantage of the full up-side potential.

About North Block Capital Limited

North Block Capital is a digital fund advisor with the aim to deliver exceptional returns for its investors through advising funds investing in Blockchain-enabled technology assets and digital currencies.

Crypto Advisers

The Fund is advised by the North Block Capital Team, headed by Simon Wajcenberg. The member team has more than 60 years combined experience in financial and tech industry.

Fund Managers

Suchit Punnose

The CEO and Founder of Red Ribbon Asset Management Limited and highly successful entrepreneur and experienced investor, with prior experience across venture capital, real estate, fintech and retail businesses. Suchit is now building on his extensive experience to offer a mandate to investors seeking to align their financial portfolios with their values. Suchit is pioneering cutting edge investment strategies in growth markets.

Marcus Wohlrab

Held advisory roles in investment banking at Wood Gundy (Canadian investment bank), Paine Webber (US investment bank) and UBS (Swiss bank), later was Executive Vice President at NASDAQ and EASDAQ Stock Markets, running both European and Middle Eastern sales, marketing and research teams. Marcus is also a Co-Founder of the Gibraltar Stock Exchange (GSX Limited).

Fund Board

Kerry Blight

Was CEO of Credit Suisse in Gibraltar for 6 years until 2016 where he oversaw a successful restructure of the Private Banking business. Prior to joining Credit Suisse he enjoyed a near 30 year career with RBS, serving as the Managing Director in Gibraltar. Kerry has also served as President of the Gibraltar Bankers Association and Chairperson of the Gibraltar Finance Centre Council.

Carlos Martins

Worked in international private banking and wealth management for more than 28 years and has held various managerial positions in international groups such as SG Hambros Bank (Gibraltar) Limited (part of Société Générale Group) and Credit Suisse. He is a Swiss Certified Financial Planning Expert and a member of the Executive of the Gibraltar Funds and Investments Association.

Investor Profile

The Fund is for experienced investors seeking exposure to private equity sector for their portfolio, which would otherwise be restricted to professionals and institutions in this sector.

Fund's Distinct Features

The fund is a listed, open ended fund, which enables exit after giving a month’s notice. This contrasts with most private equity funds which are close ended and have long investment terms.

FEES OF FUND MANAGER

AMC 1%
Carried Interest
Fees >10% = 10%
>25% = 20%

Enquire Now

Enter details to find out about:

Who we are · Opportunities · ICOs · Return on Investment

Disclaimer

Important Notice for Investors in the United Kingdom: This Document is issued by Red Ribbon Asset Management Plc (‘Red Ribbon’), for the purposes of promoting Red Ribbon Strategic Fund PCC Limited (‘Fund’). It is being issued in the United Kingdom on the basis that it is an exempt financial promotion under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the ‘FPO’) by virtue of it being made by Red Ribbon acting as an appointed representative as provided under article 16(2) of the FPO. Red Ribbon advises all persons seeking to place reliance on the content of this document that notwithstanding Red Ribbon’s issue of this document as a financial promotion, no formal verification of the content of this document has been carried out by Red Ribbon. Investors are warned that they are expected to conduct such due diligence of their own prior to investing. No representation is made that, whether at the time of issue or at any time thereafter, the factual representations in this document are correct, the statements of opinion are reasonably held by any person mentioned herein, or such parts of the content as are sourced from third parties have been verified as being correct. Nothing in this document or in the Offer Document and Listing Particulars of the Fund or the process of subscription for the Shares renders Red Ribbon liable to treat any investor in the Fund as its client for the purposes of the UK Financial Conduct Authority’s (‘FCA’) rules. Nothing in this document is to be construed as investment, financial, tax, legal or other professional advice to any person. It is the responsibility of each person considering an investment in the Fund to seek such independent financial or professional advice as he or she thinks fit, prior to investing. Potential investors are advised that because this is an exempt Financial Promotion they will not be entitled to raise a complaint with the Financial Ombudsman in the UK, or in the event of a default by the Fund or by Red Ribbon, to claim under the Financial Services Compensation Scheme. The Fund is a protected cell company comprising of four cells. This document represents one of the four cells, which is referred to as North Block Capital Fund I in the Offer Document. This is an Experienced Investor Fund and carries a degree of higher risk and the value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuations and you may not get back the original amount invested.

If you wish to distribute our products, then please