Falcon Investment Management

What Falcon Investment Management does

Falcon Investment Management Ltd is a London Mayfair-based, FCA-authorised Alternative Investment Fund Manager (FRN 673552) that operates a multi-manager hedge fund platform under which it sets up, regulates, administers, and capitalises emerging and established investment managers across both traditional and digital asset strategies. Founded in 2015 by CEO Benny Menashe, the firm provides a Hedge Fund Umbrella service delivering FCA, Cayman SPC (CIMA), and EU AMC distribution, together with fund administration, compliance, risk management, prime brokerage access, NAV calculation, and capital introduction services. The platform had reached $1B+ AUM at its peak across 50+ portfolio manager teams before market conditions narrowed the active team count to 20+ in the current fund.

The firm's commercial model is built around three revenue streams: management and facilitation fees for platform use, a 20% performance fee above high water mark (with managers retaining 80% of P&L paid monthly), and fees from the first-loss / Accelerator Capital Programme under which Falcon has deployed in excess of $150M since 2021 with up to 10x leverage. The Multi-Manager Programme allocates across curated trading strategies (Global Macro, DeFi, Crypto Market Neutral, US L/S Equity, Quantitative, FX Systematic) and now includes the 2025-launched Falcon Protected Leverage fund. Differentiators rest on regulatory licences (FCA AIFM, GDPR/ICO registered, BIPRU capital adequacy), a senior team drawn from JP Morgan, BBVA, BofA, Rabobank, Jefferies Bache, BNP Paribas Fortis, Prudential Securities, and Paravene Capital, and third-party integrations including Arbor Risk Management and FundFront's ISIN-based clearing-system distribution.

In October 2025 Falcon spun off its Bitcoin treasury management subsidiary as Falconedge for admission to the Aquis Stock Exchange on 5 November 2025, separating digital-asset treasury operations from the regulated AIFM core while preserving distribution leverage to the parent. Operating geographies span the UK and broader EMEA with on-platform global distribution subject to FCA Professional Investor restrictions, and the customer base consists of emerging and mid-sized hedge fund managers (Palinuro Capital, Lumos Fund, Re7 Liquidity Fund, Sala Vita L/S Equity, YCM Invest, Shinringi Capital) alongside the institutional investors, family offices, and HNWIs that allocate to the multi-manager products.

Name

Falcon Investment Management

Legal name

Falcon Investment Management Ltd

Website

https://falconcapital.co.uk

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Falcon Investment Management is an FCA-authorised London-based AIFM operating a multi-manager hedge fund platform that hosts and seeds emerging investment managers, providing regulatory umbrella infrastructure, first-loss accelerator capital, and distribution for both traditional and digital asset strategies.

Ownership category

akta.pro rank

Product category

Hedge Fund Platform (Alternative Investment Fund Management)

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Manager / Multi-PM Platforms (FSAHAKAD)

akta.pro secondary industries

Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF), Emerging Managers / Seeding Platforms (FSAHAKAI), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

Keywords

• Hedge fund platform
• Alternative investment fund management
• First-loss capital programme
• Multi-manager hedge fund
• Regulatory umbrella services

Headquarters

HQ city

Mayfair

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Management/Facilitation Fees: Falcon charges management and facilitation fees to portfolio managers using the platform for fund setup, administration, risk management, and operational infrastructure services.
2. Performance Fees: Falcon takes 20% of positive performance above high water mark from managers on the platform. Managers receive 80% of P&L, paid monthly rather than year-end.
3. First-Loss Program Fees: Combined management and performance fees from the accelerator/first-loss capital program where managers absorb initial losses up to defined thresholds.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Falcon Investment Management operates a multi-manager hedge fund platform providing FCA-authorised regulatory umbrella infrastructure, fund administration, compliance, risk management and operational support to portfolio managers launching and scaling hedge fund strategies across traditional and digital asset classes. The firm also deploys first-loss accelerator capital to selected managers and operates a multi-manager investment programme allocating across curated trading strategies.

Product overview

Falcon Investment Management operates a multi-manager hedge fund platform offering comprehensive infrastructure solutions for fund managers. The core offering includes the Hedge Fund Umbrella service providing FCA-authorised regulatory infrastructure, Cayman SPC Fund Structure for offshore launches, and AMC for European distribution. The platform also offers an Accelerator Capital Programme providing first-loss seed and acceleration capital with up to 10x leverage. Key products include the Multi-Manager Programme allocating across multiple trading strategies, Falcon Protected Leverage for leveraged multi-PM exposure, and Capital Introduction Services. Falconedge, a spin-off company, focuses on Bitcoin treasury management with planned Aquis Stock Exchange admission. The platform supports both traditional and digital asset strategies through institutional-grade operational infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• Falcon Umbrella: Regulatory umbrella service providing FCA-authorized investment management infrastructure for hedge funds
• Accelerator Capital Programme
• Multi-Manager Programme
• Falcon Protected Leverage

Products and services

• Hedge Fund Umbrella FCA-authorised regulatory umbrella service providing infrastructure for hedge fund and asset managers to establish and scale regulated investment funds, including regulatory setup, fund administration, compliance, risk management and operational support.
• Cayman SPC Fund Structure Cayman Segregated Portfolio Company structure via CIMA providing full asset segregation, flexible share classes and globally recognised offshore hedge fund structure for managers launching on the platform.
• AMC (Actively Managed Certificate) Debt instrument issued under the EU Prospectus Regulation, listed on exchange (e.g., Stuttgart/EUWAX) for European distribution to professional and qualified investors, providing faster market entry and lower cost than traditional fund structures.
• Accelerator Capital Programme First-loss capital programme providing seed and acceleration capital to selected portfolio managers, with up to 80% performance payout to managers (paid monthly above high-water mark) and up to 10x leverage facilitation on manager capital.
• Multi-Manager Programme A programme allocating capital across a curated portfolio of actively managed trading strategies designed to deliver diversified, risk-adjusted returns, featuring a first-loss capital framework where managers commit personal capital and absorb initial losses.
• Falcon Protected Leverage A multi-PM fund structure that allocates capital to managers on Falcon's first-loss platform, enabling leveraged exposure for investors.
• Falcon Fund of Funds (Crypto) Crypto-focused fund of hedge funds investing in five crypto-focused strategies including arbitrage, market neutral, volatility, directional, and DeFi, with 1% management fee, 15% performance fee, monthly liquidity and USD 100,000 minimum investment.
• Capital Introduction Services Support for portfolio managers with capital introduction, marketing collateral, PR and branding, and hedge fund advisory helping managers position their strategy and approach the right investors.

Quantifiable outcome

• Fund launch in 3-6 weeks vs. 6-12 months for standalone
• +4 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• YCM InvestcoreStrategic or Co-development Partner · 13 December 2023Strategic partnership with $20 million allocation through Falcon's multi-manager program. Combines Falcon's operational infrastructure with YCM's technology-driven trading strategies and EDGE algorithm for daily trader rating and capital allocation across multiple asset classes including FX, Stock Indices, Commodities, and Metals.
• FundFrontcoreTechnology or Integration · 11 October 2023Partnership leveraging FundFront's securitization framework for Falcon's emerging manager platform. Enables asset managers to offer investment opportunities to global investor base via international clearing systems and exchanges using ISIN. Technology-powered platform for compliant, efficient, international distribution.
• Arbor Risk Management SystemcoreTechnology or Integration · 10 July 2023Implementation of Arbor Risk Management System for portfolio managers on Falcon's platform. Provides advanced risk identification framework with real-time monitoring, statistical models, scenario analysis, and stress testing. Enables proactive risk mitigation and informed decision-making across investment portfolios.
• Shinringi CapitalminorChannel Partner/ Reseller/ Distributor · 20 June 2022$10 million allocation to Shinringi Capital through first-loss program. Strategy focuses on derivatives trading on Pacific exchange, capitalizing on increased cross-asset correlations during volatile markets.
• Lumos FundcoreChannel Partner/ Reseller/ Distributor · 30 May 2022Partnership with Lumos Fund joining Falcon's multi-manager platform. Lumos employs the 4Cast intraday momentum strategy trading futures on US, UK, Europe, and Asia indices. Fund launched April 2021, rapidly grew to manage $300M across fund and SMAs. Built by FinYX quant technology development company using AI and machine learning.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Balyasny Asset Management: Multi-strategy, multi-PM hedge fund platform that seeds and incubates portfolio managers across equities, macro, and quant strategies. Closely comparable to Falcon's multi-manager programme and accelerator capital structure.
• Carne Group: Global AIFM platform and regulatory hosting provider for hedge fund and private market managers. Closest direct competitor to Falcon's FCA-authorised umbrella service and fund launch infrastructure.
• Millennium Management: One of the largest multi-manager hedge fund platforms globally, allocating capital across hundreds of portfolio managers. Directly comparable to Falcon's multi-PM model, though operating at materially greater scale and capital intensity.
• Rokos Capital Management: London-based multi-manager macro hedge fund platform that allocates capital to internal PM pods. Comparable as a UK-headquartered multi-PM platform with institutional infrastructure and risk oversight.
• Eisler Capital: London-based multi-manager hedge fund platform deploying capital across discretionary macro and multi-strategy pods. Directly comparable to Falcon's multi-PM, risk-managed allocation model.
• Waystone Group: Leading global fund governance, regulatory hosting, and ManCo services provider. Direct competitor in the AIFM regulatory umbrella and fund platform space Falcon operates in.
• Capula Investment Management: London-based multi-strategy hedge fund manager with a multi-PM structure focused on relative value, fixed income, and credit. Comparable as a UK-headquartered multi-manager hedge fund platform.
• ISAM Capital Markets: London-based systematic multi-strategy hedge fund manager with a strong seeding and emerging-manager orientation. Comparable as a UK-focused multi-manager platform combining internal strategies with external manager allocations.

Broad incumbents

• Winton Group: Large, established London-headquartered systematic and multi-strategy manager with proprietary research, multi-PM structure, and institutional client base. Broader incumbent comparable to Falcon's multi-manager systematic platform.

Emerging players

• Hoplite Capital: New York-based hedge fund seeding and emerging manager platform. Comparable for the seeding and accelerator capital model, though focused on the US market rather than UK/Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Falcon Investment Management