Turnarounds &
Shareholder Activism

Gatemore manages a turnaround activist strategy focused on highly concentrated positions in small- and mid-cap companies across consumer, industrial, sports, media, healthcare, and technology sectors. Our investment ethos is based on creating value through deep engagement with our portfolio companies. We believe that taking an active approach enables us not only to outperform but also to understand and control risk in a fundamental way.

Delivering a Turnaround

In 2017, Gatemore built a substantial stake in DX Group PLC and replaced the board of directors and management, who led a remarkable operational turnaround; and in 2024 Gatemore exited the position through a sale to a private equity fund

Winning Again

In 2018, Gatemore acquired the US sports agency of TLA Worldwide PLC, renamed it GSE Worldwide, Inc., and has since led it to leading positions in golf, tennis and NFL

Unearthing Deep Value

In 2024, Gatemore invested in Elementis PLC and has united major shareholders in calling for a change of management, an acceleration of cost cuts, and the sale of an underperforming division as ways of unlocking value in the specialty chemicals company

Liad

Liad Meidar

Managing Partner

Lawrence Small

Larry Small

Partner & General Counsel

Ann Rodriguez

Ann Rodriguez

Operating Partner, Sports

Matthew Scarborough

Vice President

Evgeniia Zykova

Evgeniia Zykova

Research Analyst

Casey Herren

Casey Herren

Director of Business Development

David Cassells

Chief Financial Officer

Tobi Ita

Tobi Ita

Accountant & Operations Analyst

Daisy

Daisy Clarke

Operations Manager

Gatemore Capital Management
33 Cavendish Square
London W1G 0PW

© 2023 Gatemore Capital Management. All Rights Reserved.

Liad

Liad Meidar

Managing Partner

Liad Meidar is Founder and Managing Partner of Gatemore Capital Management where he serves as portfolio manager of the turnaround and activist strategy.  Liad is also co-founder of GVP Climate, a subsidiary of Gatemore focused on early-stage clean technology investing.

In 2005, Liad founded Gatemore as an investment advisor serving high net worth families and corporate defined benefit pension funds.  As part of that, Liad served as chief investment officer of the Gatemore Multi-Asset Fund (GMAF), an open-ended, highly diversified fund which aimed to provide institutional investors access to high Sharpe ratio returns though a single vehicle.  Under his watch, the GMAF won numerous industry awards, including UK Pensions DB Multi-Asset Manager of the Year, the FT Pension and Investment Provider Multi-Asset Fund Manager of the Year, and Pensions Age Multi-Asset Manager of the Year.  In 2020 Gatemore sold its investment advisory business along with its management of the multi-asset fund.

In 2015, Liad started Gatemore’s turnaround and activist strategy, taking highly concentrated positions in listed small caps across the consumer, industrial, media, and technology sectors, and engaging with management, boards of directors and fellow shareholders to achieve significant recoveries in shareholder value.  In 2018, Gatemore launched a co-mingled fund to house the strategy, the Gatemore Special Opportunities Fund, for which Liad serves as the portfolio manager.

In 2021, Liad formed GVP Climate as a subsidiary in partnership with its Chairman and CIO, Brett Olsher, to invest in early-stage clean technology companies.  Liad now serves as a member of the investment committee of GVP Climate.

Liad has extensive experience as a board member of companies undergoing turnarounds, including: a publicly traded semiconductor wafer foundry based in California; a privately held global machine tool builder with dual headquarters in the US and Germany; and most recently with Gatemore portfolio company DX (Group) plc, an AIM-listed leading provider of delivery solutions, including parcel freight, secure, courier, and logistics in the UK.

Liad is currently a board member of three Gatemore portfolio companies: GSE Worldwide, Inc., a fully integrated talent management and sports agency where he is Chairman; Factorial, Inc., developer of a breakthrough solid-state battery technology; and Third Point Investors Limited, an LSE-listed investment company.

In addition, Liad serves on the Dean’s Advisory Council at Princeton University where he received an AB in economics.

Lawrence Small

Larry Small

Partner & General Counsel

Larry serves as Gatemore’s General Counsel and is responsible for all legal aspects with respect to the Firm.

Until July 2023, Larry was a Partner and the General Counsel of Valence8, a boutique investment office, where he was a member of the management committee and responsible for overseeing all legal aspects of the Firm’s managed investment funds and advisory businesses.

Prior to Valence8, from 2004 to 2022, Larry was a Partner and the General Counsel of Cabot Square Capital, a London-based private equity firm, where he sat on the investment and operations committees. At Cabot, he was responsible for transaction structuring, negotiation, and execution across the Firm’s pan-European investment funds, including M&A, financings, reorganisations and realisations.

Larry began his career in London as part of the US capital markets practice of law firm Clifford Chance, where he was an associate from 1999 to 2004.

In addition, Larry serves on the President’s Advisory Council on Economics at Brown University. Larry earned a JD from Yale Law School and has an M. Litt in History from Cambridge University and a BA in History from Brown University. He has been a member of the New York State Bar since 2000.

Ann Rodriguez

Ann Rodriguez

Operating Partner, Sports

Ann is a strategic business leader with a strong record of delivering growth and successfully scaling organizations. She has a deep understanding of strategic considerations and challenges associated with high-profile, rapidly growing global brands and events, primarily in the sports & entertainment and consumer products businesses.

A 20+ year veteran of the sports industry, Ann’s focus has been on business transformation for global sports brands, often guiding the process from inception through to maturity. She has served on the leadership teams of three start up professional soccer teams, most notably, leading the creation of Atlanta United FC, a record-setting Major League Soccer expansion team.  Additionally, she has served as Chief Operating Officer of the Women’s National Basketball Association (WNBA) and as Chief Strategy & People Officer for the summer Olympic Games (LA28).  

In addition to GSE’s board, Ann serves on the Board of USA Lacrosse and of the Princeton Varsity Club.  Ann holds a BA in Ecology & Evolutionary Biology from Princeton University, and a Masters of Business Administration from Stanford’s Graduate School of Business.

Matthew Scarborough

Vice President

Matthew is a vice president on the investment team.

Prior to joining Gatemore, Matthew was an Associate at Goldman Sachs in the Investment Banking Division where he advised clients on a wide range of transactions including M&A and financings, as well as general corporate finance and strategy.

Matthew graduated with a Bachelor of Engineering (First Class Honours) in Mechatronics and a Bachelor of Commerce (Finance and Economics) from the University of Auckland in New Zealand. He also completed part of his studies at University College London.

Evgeniia Zykova

Evgeniia Zykova

Research Analyst

Evgeniia is a research analyst on the investment team.

Prior to joining Gatemore, Evgeniia worked as an Associate at CapVest in London, where she participated in sourcing, evaluating, and structuring of private equity investments in the consumer, healthcare and business services industries across Europe and North America. Prior to that, Evgeniia was an Associate at Credit Suisse in the Investment Banking Division where she advised clients on a wide range of transactions including M&A and financings, as well as general corporate finance and strategy.

Evgeniia graduated with a Master of Finance (Highest Honours) degree from HEC Paris.

Casey Herren

Casey Herren

Director of Business Development

Casey Herren is responsible for partner relations and capital formation.

Casey has over 20 years of experience in the financial services industry with a particular focus on advising institutional investors on their allocations to alternative investments such as private equity, venture capital, and hedge funds.   Prior to joining Gatemore, Casey held similar roles with Lazard and Atlantic Investment Management in New York as well as Caymus Capital Partners, Highland Capital, Behringer Harvard, Vaughan Nelson, and Sourcerock Group in Texas.   

He received a BBA in Business with a concentration on finance from Texas A&M University.

David Cassells

Chief Financial Officer

David Cassells is responsible for finance, operations and compliance.

Prior to joining Gatemore, David worked as group Accountant for G.H. Financials Ltd, an FCA-regulated global clearing and settlements company, where he produced year-end audited statutory accounts for three entities in the UK, US and Hong Kong and ensured the firm was FCA compliant, with particular focus on client money regulations. Prior to that, David worked at Klesch Group and was responsible for the accounting function of the FCA regulated company as well as three Swiss-based entities. Previous to this David worked as an Assistant accountant for the asset management branch of Babcock & Brown.

David is a board member of Gatemore portfolio company GSE Worldwide, Inc., a fully integrated talent management and sports agency. He received a BA in Business Economics from Leicester University and is an ACCA qualified accountant.


Tobi Ita

Tobi Ita

Accountant & Operations Analyst

Tobi Ita is a key member of the finance team, supporting the CFO in all finance, operations, and compliance matters. 

Prior to joining Gatemore, Tobi worked as an assistant financial accountant for Stafford Capital Partners Limited, an Alternative Investment Fund Manager, where he was responsible for the core finance of the company’s corporate and fund functions. He has also worked in a number of accounting roles within private equity and financial services. 

Tobi graduated with a Master’s degree in Management and received a BA in Finance from the University of Hertfordshire. He is also studying to become a CIMA qualified accountant.

Daisy

Daisy Clarke

Operations Manager

Daisy is a key member of the Operations team and is responsible for overseeing the business processes and procedures.

Prior to joining Gatemore, Daisy was an Executive Assistant to the Branson family at Virgin Management and held a number of executive assistant roles within the music industry and family offices.

Daisy attended the University of Manchester and has an Executive Secretarial Qualification from Quest Professional.

 

George Cadbury

Partner

George Cadbury is responsible for all aspects of business and strategic development.

His previous experience includes the Head of Business Development and President of the largest independent hedge fund platform in the UK in 2007, PCE Investors, with peak assets of $3 billion.

George was also Managing Director of an independent Irish UCITS platform – Merchant Capital. Prior to joining Merchant Capital, George was Managing Director in Europe for Ubequity Capital, a Canadian private equity firm. He was also Head of European Operations for Mondore General Trading, a physical commodity trader.

George is a board member of Gatemore portfolio company GSE Worldwide, Inc., a fully integrated talent management and sports agency. He graduated with a BA in History from Exeter University.