Elevate Direct received an investment from Allectus Capital Limited an investment company with a value focused technology portfolio of listed and unlisted companies. Allectus was formed to invest in, and partner with, potentially disruptive businesses in the technology sector. Allectus oversees and supports c.US$300m in technology investments, principally in the Asia Pacific and United Kingdom, for clients of ICM Limited (ICM). Allectus is owned by ICM and UIL Limited.
Allectus partner with and support their investment companies through regular management contact and active communication across the ICM portfolio.
ICM is an international fund manager and corporate finance adviser, headquartered in Bermuda, with expertise in listed equities, private equity and fixed income. ICM specialises in the following investment sectors: Utilities & Infrastructure, Financial Services, Mining & Resources and Technology. ICM currently manages over US$2.3bn in funds directly, and is responsible indirectly for a further US$16.8bn of assets in subsidiary investments. ICM is an active investment-led manager with significant hands-on investment experience and has offices in Australia, Bermuda, Cape Town, Dublin, London, New Zealand and Singapore, with over 60 staff globally.