Gatemore manages a turnaround and activist strategy focused on highly concentrated positions in listed and privately held small caps across consumer, industrial, media, 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.
In 2017, Gatemore built a substantial stake in DX Group PLC and replaced the board of directors, installing a team which has led a remarkable turnaround and return to profitability and growth
In 2018, Gatemore acquired the US sports agency of TLA Worldwide PLC, renamed it GSE Worldwide, Inc., and has since led it to a #1 position in golf and top positions in tennis and NFL
In 2019, Gatemore led the financing to spin-out Factorial, Inc. which has emerged as one of the most prominent solid-state battery developers in the world today, and since then has played a key role in the development of the strategy and business
Gatemore Capital Management
33 Cavendish Square
London W1G 0PW
© 2023 Gatemore Capital Management. All Rights Reserved.
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 a member of the investment committee for 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 two Gatemore portfolio companies: GSE Worldwide, Inc., a fully integrated talent management and sports agency where he is Chairman; and Factorial, Inc., developer of a breakthrough solid-state battery technology.
In addition, Liad serves on the Dean’s Advisory Council at Princeton University and on the Board of Trustees of the American School in London. He received an AB in economics from Princeton University.
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.
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.
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.
Wilson started his investment career as a Research Analyst at Gatemore. Prior to joining Gatemore, Wilson served as a legal compliance and Internet abuse associate at United Online, the parent company of Juno and NetZero.
Wilson is a board member of Gatemore portfolio company GSE Worldwide, Inc., a fully integrated talent management and sports agency. He graduated from Columbia University with a BA in History and received an MBA with distinction from NYU’s Stern School of Business where he was named a Stern Scholar. He is also a CFA charterholder.
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.
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.
Justin is a research analyst at Gatemore Capital Management.
Prior to joining Gatemore Capital Management, Justin was an Equity Research Summer Analyst on the Energy team at Credit Suisse and interned on the Global Equities team at Invesco.
Justin recently graduated with a BSc Mathematics from Imperial College London.
Daisy provides administrative support to the team.
Prior to joining Gatemore, Daisy was an Executive Assistant to the Branson family at Virgin Management and held a number of personal assistant roles within the music industry and family offices.
Daisy attended the University of Manchester and has an Executive Secretarial Qualification from Quest Professional.
33 Cavendish Square
London W1G 0PW