Deep industry

domain experience

with inroads to leading strategic players and investors.

Blackwater Private Equity Fund’s highly experienced bankers and operational leads leverage deep industry domain experience to provide unconflicted advice and customized solutions for entrepreneur-led technology businesses.

Sector expertise

Our team has sector specific knowledge, deep experience, and a track record of success. We are experts in understanding the trends and market participants and leverage this to achieve success for our clients.

Blackwater Fund has a deep subject matter expertise and has formed a strategic alliance with the Insurance Technology focused company LightBulb. As a result, Blackwater have formed a specialized InsureTech silo under the main fund, where LPs are able to specify that their entire contribution or designated % of their investment will go specifically to this vertical.

Enterprise Technology & Software as a Service
Financial Technology, Insurance Technology and Payments
Healthcare Technology and Services
Business & Consumer Tech-Enabled Services
Natural resources
Transportation

The team

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Nicholas Fenton Jeffery - Chief Investment Officer

Starting with what I would call “light touch technology.”
Nicholas was VP sales and marketing, European MD / COO, and most recently CEO of several Internet service providers, migrating them all from leased line access only to managed service businesses creating MPLS, ADSL, managed NAS and SAN, logical security, and e-mail/e-commerce platforms all targeted at the SMB sector.

He recently was the COO of a SaaS company with development teams based in Moscow and sales and marketing in Atlanta, Georgia, USA. Nicholas created the business plan and investment strategy raising first-round funding for the business and then transforming the company from a managed service business to a product-based business with self-provisioning, e-commerce, and a fully supported front and back-end web-based billing and version control/security algorithmic platforms.

Regarding his understanding of “digital media.”
Nicholas started his career in traditional marketing communications (advertising, design, and corporate identity); he has been a global brand custodian for some impressive corporate icons. He then moved into the web creating Reality, at its pinnacle the most reputable and highest-profile web design and build company in Europe. As the Internet became more Intelligent in search and analytics, Nicholas helped create and launch Buzzmetrics, recently acquired by Reed, which is still the most agile and sophisticated “relevance engine” globally. Nicholas is very in touch with social media and was responsible for driving Digital Reality’s sales and marketing strategy in EMEA, which is seeing a marked increase in activity, saliency, and recall across all social media properties as well as delivering top-line growth from a distressed share price. Nicholas has deep and current contacts in the hyperscale base at the C-level and procurement base.

SMB, Enterprise, and geographic markets
The four Internet / managed service providers that Nicholas has run (hostmark, Worldport, PSINet Europe, and Uniserve Communications) were all predominantly focused on the SMB sector. VIMtrek and Vizerra, the SAAS architectural 3D virtualization and Building Information Management software companies, were 100% targeted at this sector. Nicholas knows how to scale a business retaining agility at the front end while creating stability & predictability at the back end, a growing company from $5m to $500m business through a mix of new product development, organic and acquisitive growth.

C-Level and P&L responsibility
Nicholas has undertaken numerous acquisitions and integrations growing each enterprise significantly. He is a real motivator of teams, loves to roll his sleeves up, and gets involved in solving issues or creating market/customer advantage. During his time at the European Bank for Reconstruction and Development (EBRD), he was head of investment planning and strategy for the TMT group, investing in numerous businesses across EMEA.

George Moen - General Partner

Impresario Partners
Co-Founder Impresario Partners · Mar 2018 – Present · 5 yrs 1 mo. Vancouver, London, Budapest, Kampala.

Where IoT meets Business. A unique circle of offerings:
INSIGHT, INNOVATION, INFLUENCE & INVESTMENT

Kingsburton Partners
Apr 2012 – Present · 11 yrs Apr 2012
Vancouver, Canada

Investing and Consulting across a number of sectors including technology, food services, and healthcare. Focus is on cash flowing assets with “Coachable Management”.

HealthSpace Informatics Ltd
Member Of The Board Of Advisors
Jan 2017 – May 2019 · 2 yrs 5 mos
Vancouver

HealthSpace is an industry leader providing inspection, information and communication management systems for federal, state, county and municipal governments. Over the last decade, the Company has successfully developed both enterprise and mobile.

Blenz Coffee
President
Jan 2007 – Mar 2012 · 5 yrs 3 mo
President of Blenz Coffee. Vancouver based franchise operation with locations in Canada, Japan, and the Philippines.

Sandwich Tree Restaurant
President
Jun 1978 – Jan 2000 · 21 yrs 8 mos
Founded 1978. Over 100 locations across Canada.

Louis Yadgaroff - CEO

London, England

IP Cash 2015 – present
Part of a three-man team that acquired IP Cash from a French public company. The company supplies telecom services to around 800 retail businesses in France and Belgium.

Hadstock Holdings Limited – SquareCash; Founder May 2007 to 2015
Developed Squarecash that revolutionized the financial services space.

Developed Squarecash Gold, a gold linked VISA card where all member balances are backed by BlackRock gold ETFs. SquareCash Gold is a regular debit payment card as well as a secure, low-cost savings account investing in gold.

America First
America First achieved brand leadership with 7% of the market and turnover of some £22 million.

Under Louis Yadgaroff’s leadership, the company was known in the market as an innovator of highly marketable products, and it launched the first connection fee-based card which went from £0 to £3million in 3 weeks. In addition, in March 2000, the company launched America First GO, which was the first prepaid internet and 1696 access voucher-based product in the market. Viatel acquired 80% of the company in November 1997 and the remaining shares in June 2000.

Affinity Telecom; July 2000 to 2011 Managing Director
Affinity has annual sales of over £30 million. The company has entered into a joint venture with Columbus Direct travel insurance for the sale of pre-paid insurance services. Sold via Travelex, current sales are £750,000 pa. Affinity also launched an international dial through service www.simplydial.com which was sold to Recall Group plc in 2003. Prepay is currently being sold.

Connaught Communications Group plc; 1990 to 1993. Managing Director
The start-up company Connaught was a cellular service provider for Cellnet. The company developed the UK’s first prepay airtime package (Freelance) and opened 12 UK cellular stores in Bentals and Debenhams outlets. Connaught had the lowest churn and the highest call spend on the Cellnet network. In 1993 the business was sold to BTMC, the mobile division of BT.

First Action plc; 1989 to 1990. Managing Director
The company was formed to sell mobile phones for the new cellular networks Cellnet and Vodafone. In the company’s first quarter it achieved 8% of Cellnet’s net connections and became Hutchinson’s (Quadrant Communication) number one dealer. First Action set up dealerships with Marconi and Tecnophone.

R Yadgaroff Ltd; 1978 – 1989. Senior Partner
The family-run commodity business traded mainly in dried fruit. In 1980 Louis Yadgaroff became a partner in the firm and on the death of his father, became Senior Partner. In 1989, EEC regulations made the importation and distribution of dried fruit from non-EEC states commercially unviable.

Mark Wright

Rapid Time Networks
Co-Founder
Sep 2011 – Present · 11 yrs 7 mos
Vancouver, Canada
A paid-for referral business networking group.

Inca One Gold Corp
VP operations
December 2013- Present 9 yrs 4 months One Gold Corp

Inca One Gold Corp
VP OperatioInca
Dec 2013 – Present · 9 yrs 4 mos
Vancouver, Canada

Inca One is a Canadian-based mineral resource company with a newly acquired gold milling facility & exploration assets in Peru, which was home to the Inca Empire. Peru is currently the largest gold producer in South America, hosting mines which have produced up to 26 million ounces of gold. A highly mineral-rich country, Peru is one of the world’s top producers of gold, silver, copper and zinc.

Natureline
Chief Operating
Jan 2003 – Aug 2012 · 9 yrs 8 mos
Vancouver, Canada

Operated a thriving direct sales business. Promoting pollution-reducing automotive products, certified environmentally safe cleaning products, botanical anti-aging products & natural functional beverages.

Oz Taariq - General Partner

With a dynamic background spanning across emerging technology, alternative medicine, healthcare, and real estate, Oz is a seasoned professional known for pioneering innovative solutions at the intersection of these diverse industries. His journey began with a deep fascination for scientific exploration, leading him to pursue an education in Optometry and following this he quickly branched into the world of investing. Equipped with a solid understanding of scientific principles and a knack for analytical thinking, seamlessly transitioned into the dynamic realm of finance.

Drawing from 18 years of hands-on experience, he has established himself as a visionary leader adept at identifying cutting-edge opportunities and driving strategic initiatives that propel businesses forward. Driven by a passion for continuous learning and a commitment to excellence, he remains dedicated to staying at the forefront of industry trends and harnessing innovative strategies to deliver value for investors.

In the realm of emerging technology, Oz has spearheaded numerous projects, leveraging advancements in AI, blockchain, and IoT to revolutionize traditional practices and streamline operations. He thrives on the forefront of innovation, constantly exploring novel applications that drive sustainable growth and competitive advantage.

Complementing his expertise in technology, Oz possesses a profound understanding of alternative medicine and healthcare, advocating for holistic approaches to wellness and patient care, more commonly in the hemp & psychedelics sectors. Also, in more traditional healthcare he launched new technologies in UK Healthcare, working with leaders in the NHS and Private Hospital Groups.

Outside of his professional pursuits, Oz is deeply committed to fostering collaboration and knowledge-sharing within his respective industries. He actively engages in speaking engagements, youth mentorship programs and community initiatives aimed at driving positive change and empowering the next generation of leaders.

Isa Abbas

Isa boasts over 15 years of experience in equity trading, specializing in algorithmic trading complemented by traditional research methodologies. He has advised numerous funds and currently serves on the Blackwater Investment Committee.

Deep industry
domain experience

Our services

BlackWater Fund is a full-service and hands on advisor to entrepreneurs and their businesses, when needed or called on. We craft highly calibrated solutions to achieve our clients’ needs.

Private Equity Financing
M&A Advisory
Private Capital Raises
Fairness & Valuation Opinions
Special Situations & Restructuring

Differentiated strategy

We call it where “Sense meets Sizzle”

Team of functional experts
Step wise capital
Operational mentors
Growth network partnership effect

Pipeline

BlackWater Fund Investment committee have identified a pool of 25 potential preliminary opportunities here are five targets that fit its investment criteria and strategy as defined above.

We believe that many of these companies will require additional growth capital over the next twelve to 24 months and could be ideal targets for follow on investment prior to an event.

Company one – Satellite payload miniaturisation and Weather prediction AI modules for Governments and Industry such as transportation and Agribusiness

Company two – IOT & machine to machine meets high performance motor cycles dramatically improving Safety Optimal power consumption & distance ratios & Connected rider experience.

Company three – Precious and base metal recovery process resulting in significant yield improvement and acceleration of ore waste heaps to an environmental stable and insert state.

Company four – The Amazon of Services. Conversational and Artificial Intelligence driving significant improvement in customer service delivery sales and relationship management for traditional home maintenance services such as electrical plumbing and home decorating to name a few.

Company five – IOT and Web3 Bovine and numerous other domestic and farm species IOT and Web3 tagging and big data location general health and yield management.