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Beluga Capital
Benoit began as a film producer before co-founding the legaltech company Legalfree. Romain, an entrepreneur in real estate and new technologies, joined him as...
Beluga Capital
Benoit began as a film producer before co-founding the legaltech company Legalfree. Romain, an entrepreneur in real estate and new technologies, joined him as co-founder. Both principals hold degrees from French institutions and built the firm around disciplined, long-horizon selection. The investment approach centers on recurring-revenue companies and regulated industries such as legal services, asset management, insurance technology and property. Capital is deployed via direct co-investments and SPVs. Confirmed activity includes real-estate holdings and positions in subscription businesses. Geographic reach covers Europe with additional exposure noted in Oceania through affiliated entities. Team size and total deployment figures are not publicly stated. The firm lists no additional offices beyond the Paris headquarters. A September 2023 operational note records Shawn Tsao, listed as a US co-founder in separate records, joining the investment group of The Town FC. The structure separates the French operating company from parallel entities in Switzerland and the United States that share the name but maintain distinct principals and mandates.
General information
Firm type
Multi Family Office
Year founded
2015
AUM
Undisclosed
Location
Region
Oceania
Country
France
City
Paris
Corporate office
11 rue de Magdebourg 75116 Paris, France
Principals
Benoit
Co-founder
Romain
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Beluga Capital?
Benoit and Romain, the Paris co-founders, lead selection and commit capital to theme-based opportunities in recurring-revenue businesses.
Does Beluga Capital participate in fund commitments or only direct deals?
The firm executes direct co-investments and SPVs rather than broad fund commitments.
What investment stages does Beluga Capital typically target?
The firm seeks established companies with recurring revenue and does not disclose early-stage venture activity.
Which sectors does Beluga Capital explicitly focus on?
Focus areas include legaltech, fintech, insuretech, proptech, real estate and media.
Where does the underlying wealth come from?
Wealth origin is not publicly disclosed.
How is Beluga Capital related to its Swiss or US namesakes?
Separate entities operate under the same name in Switzerland and the United States with distinct principals and mandates.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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