For professional investors & existing LPs
Track Record & Shackleton Secondaries Funds
The fund-management heritage that underpins the platform, the legacy funds we continue to manage, and the discipline we carry into a new generation of digital-infrastructure opportunities.
Heritage performance (predecessor business)
Two Decades of Disciplined Investing
The realisations referred to are selected exits from the predecessor portfolio and are not a complete record of all investments made. As with venture and development-capital investing generally, not every investment succeeds: investee companies may under-perform against expectations and may fail, and the value of investments can go down as well as up, with investors at risk of losing the full amount invested. Past performance is not a reliable indicator of future results; any figures are illustrative only and do not constitute a forecast of any current or future fund.
Why it matters now
Proven Discipline, Applied to a New Mandate
The platform’s value to investors is not nostalgia for a track record — it is the discipline that produced it. Sourcing, diligence, value creation and the patience to hold to a well-timed exit are the same capabilities that a smart-infrastructure mandate demands.
That experience now sits alongside the origination reach and technical depth of a NASDAQ-listed technology group, and within a governance framework built for institutional capital.
Shackleton Secondaries Funds · business as usual
The Same Team, the Same Dedication
We continue to manage the Shackleton secondary and venture strategies with the same dedication and the same team that investors have trusted for years. Our focus remains unchanged: maximising exit value and delivering timely distributions to existing limited partners.
The change in control strengthens — rather than diminishes — the protection of legacy investors. The legacy portfolio is managed under the pre-existing operating model, with no involvement from Group personnel in investment decisions, valuation or reporting. It benefits from protected team allocations, segregated systems and ring-fenced governance.
The portfolio is managed across four fully deployed funds: Shackleton Secondaries LP , Shackleton Secondaries II LP , Shackleton Secondaries 3 LP and Shackleton Secondaries Victoria LP .
What stays the same
- Same management team and operating model
- Full structural and operational segregation
- No Group involvement in legacy investment decisions
- Protected resourcing and ring-fenced governance
- Focus on exit value and timely distributions
Realised investments
A Track Record of Exits
The Shackleton heritage includes 30 profitable exits across technology, industrial, healthcare and consumer sectors — realised through trade sales to strategic acquirers, public-market transactions, management buy-outs and share buybacks. They are shown below.
| BIT Capital | Technology asset management | Share Buyback | 2025 |
| Asfordby | Logistics & warehousing | Interest Sold | 2023 |
| Stuarts Properties | Commercial property | Share Buyback | 2023 |
| IRT Surveys | Thermal imaging surveys | Acquired | 2022 |
| Exterity | Enterprise video over IP | Acquired | 2021 |
| OmPrompt | Supply-chain connectivity | Acquired | 2021 |
| ONZO | Energy data analytics | Acquired | 2021 |
| Tissuemed | Surgical sealants | Acquired | 2021 |
| TruTac | Fleet-compliance software | Acquired | 2020 |
| Cummings & Morrish | Commercial property | Interest Sold | 2019 |
| DEM Solutions | Simulation software | Acquired | 2019 |
| Lewmar | Marine deck equipment | Acquired | 2019 |
| CreditCall | Payments processing | Acquired | 2018 |
| Logicalware | Customer-service software | Interest Sold | 2017 |
| Scout7 | Sports scouting software | Acquired | 2017 |
| Mobileum | Telecom analytics | Interest Sold | 2016 |
| DESlock | Data encryption | Acquired | 2015 |
| Steve Vick International | Pipeline engineering | Interest Sold | 2015 |
| Tinglobal | IT hardware remarketing | Acquired | 2015 |
| Pancredit | Lending software | Acquired | 2014 |
| Fiberweb | Nonwoven materials | Public Market Transaction | 2013 |
| Nanosight | Nanoparticle analysis | Acquired | 2013 |
| Protech | Cloud CRM software | Management Buyout | 2013 |
| Open Systems Management | Systems-management software | Management Buyout | 2011 |
| Tubex | Tree shelters | Acquired | 2011 |
| Murley | Motor & agricultural dealerships | Management Buyout | 2010 |
| Blakeacre / Clevtec | Industrial fasteners | Acquired | 2009 |
| Macalla | Mobile payments software | Acquired | 2009 |
| David Robinson Group | Fire-protection systems | Interest Sold | 2008 |
| Physiomics | Drug-development modelling | Public Market Transaction | — |
Existing Limited Partner?
Access your fund reporting through the secure investor portal, or contact the team directly.