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Clearbell Fund Management
Clearbell has raised £1.8 billion from four funds and four separate accounts. It has £3.4bn assets managed across the risk spectrum and four funds totalling...
Clearbell Fund Management
Clearbell has raised £1.8 billion from four funds and four separate accounts. It has £3.4bn assets managed across the risk spectrum and four funds totalling £1.5 billion of equity. The firm covers thematic, discretionary and advisory accounts and pursues ventures in affordable UK student accommodation, UK logistics and single family housing.
General information
Firm type
Asset Manager
Year founded
2014
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Manish Chande
Senior Partner
Rob West
Managing Partner
Nick Berry
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Clearbell?
The Investment Committee is chaired by Managing Partner Rob West, with Senior Partner Manish Chande and Partner Nick Berry serving as voting members. The three co-founded the firm together from Mountgrange Capital, and the partnership structure means major acquisition and disposal decisions require IC approval. Day-to-day asset management is handled by a dedicated operating team rather than outsourced to third-party property managers.
How does Clearbell source its deals?
Clearbell acquires assets through off-market and limited-marketing processes, drawing on a broker network built by Chande and his partners across multiple UK property cycles dating back to the 1990s. The firm's in-house asset management capability allows it to underwrite repositioning plans that sellers view as more credible than bids from managers who require third-party operating partners, which improves access to transactions where certainty of execution is valued by vendors.
What is Clearbell's relationship to Mountgrange Capital?
Clearbell was formed in 2014 when Manish Chande spun out the UK property investment team from Mountgrange Capital, the real estate investment and advisory firm he co-founded in 2005. The Clearbell launch vehicle acquired a pipeline of assets that the Mountgrange team had sourced, anchored by a £260 million commitment from Hartford Life Limited. The Clearbell partners wound down Mountgrange's remaining positions before focusing exclusively on the new platform.
What property sectors does Clearbell target?
Clearbell focuses on UK office, industrial, and retail assets where it can create value through repositioning, refurbishment, or planning gains. The firm has executed hospitality transactions—notably a Travelodge portfolio—and has evaluated residential conversion plays on office assets, but its primary operational expertise is in commercial property where leasing, tenant mix, and capital expenditure drive returns.
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