We launched initially with our Dublin office before getting our regulatory approvals in the US in 2010 and opening our New York office at that time. When we started out, we partnered with an existing fund manager who provided us with infrastructure and access to many of the managers with whom we still work today. Initially all funds were managed under that firm’s name.

Between the years 2012 and 2016, as our firm grew, we gradually took over all aspects of the investment management process, rebranded the funds under the Belmont name and ended the partnership in September 2016.

The firm was founded by Jeremy O’Friel as the sole shareholder, but this changed in January 2012 when Daniel Beaton became a Belmont shareholder. In December 2024, Thomas Ryan, our Head of Research, also became a shareholder in the firm. The firm is 100% employee-owned with plans to equitize members of our team as the firm continues to grow.

In June 2024, we opened an office in Johannesburg, strategically positioned to better serve our African clients. We also plan to reopen our Singapore office in early 2026. Following its closure due to the global pandemic, Belmont is moving forward with plans to re-establish our presence in Asia.

We have been deliberate in the launch of new investment strategies and still only offer seven different funds. Although we expect this number to rise in the years ahead, we do not foresee it ever reaching a level that compromises our standards. We continue to be alert to the possibility of improving our current offering in the hedge fund space, as well as to the idea of innovating in the traditional equity and fixed-income investment worlds.