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Tristone Capital
Yannis Loucopoulos's Tristone Capital acquires and operates UK care homes and commercial property — a permanent-capital investment company based in...
Tristone Capital
Tristone Group is a private investment company committed to the acquisition, and growth, of established companies. | Based in the heart of Manchester, Tristone Capital is a privately owned investment company committed to the acquisition and growth of established, profitable and cash generative companies that deliver positive social impact.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
Manchester
Corporate office
Manchester, United Kingdom
Principals
Yannis Loucopoulos
Founder and CEO
Phil Ledgard
Chief Financial Officer
Rob Finney
Chief Operating Officer
Daryl Holkham
Director of Operational Corporate Governance
Dawn Lundergan
Director of Safeguarding
Sector focus
Frequently asked questions
Who runs investment decisions at Tristone Capital?
Yannis Loucopoulos, as Founder and CEO of the Tristone Group, leads investment decisions. The senior team includes CFO Phil Ledgard, COO Rob Finney, Director of Operational Corporate Governance Daryl Holkham, and Director of Safeguarding Dawn Lundergan — a governance structure that embeds operational and regulatory oversight directly into the investment-management function.
How does Tristone Capital source its deals?
Tristone does not publicly detail its sourcing channels. Given the firm's regional concentration in North Wales and the South West of England, its CEO's active role in the Cheshire and Warrington Devolution Business Group, and the operational nature of its portfolio companies, deal flow is likely relationship-driven and tied to local commercial-property and care-home operator networks.
Does Tristone Capital raise external funds or operate as a family office?
Tristone Capital operates without an external LP base, fund structures, or announced exit timelines — it functions as a permanent-hold investment company. This architecture aligns it more closely with a family office or European holding company than a conventional UK private equity fund, though the firm classifies itself as an asset manager.
What assets does Tristone Capital own?
Confirmed portfolio assets include ProCare (Wales) Care Homes, a care-home operator based in North Wales, and Beyond Limits Properties, a commercial real estate vehicle in Plymouth. Both appear to be wholly owned operating subsidiaries held directly by the Tristone Group structure.
Which geographies does Tristone Capital focus on?
The firm's known holdings are concentrated in North Wales (ProCare Care Homes) and the South West of England (Beyond Limits Properties in Plymouth). CEO Yannis Loucopoulos's involvement in Cheshire and Warrington devolution efforts suggests additional interest or presence in the North West region.
Does Tristone Capital maintain a philanthropic program?
Yes. The firm operates the Tristone Community Fund, a philanthropic vehicle. The scale of grant-making or community activity is not publicly disclosed, and it is not clear whether the fund is structured as a separate legal entity or operates as an internal allocation.
How is Tristone Capital structured for regulatory compliance in its care-home investments?
The presence of a dedicated Director of Safeguarding at senior management level is unusual for an investment firm and reflects the regulatory intensity of the UK care-home sector. This role, held by Dawn Lundergan, signals that Tristone embeds Care Quality Commission and safeguarding compliance directly into its investment governance architecture rather than outsourcing it to portfolio-company management.
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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