Paul Henderson

Two decades of investing and operating: frontier private equity in Baku, investment management and private equity in London, a wholesale telecoms business from 2012, a distributed-ledger venture that failed instructively, a family investment company holding property in the Tees Valley, and an acquisition vehicle for agricultural and resort land in Georgia.

I read markets through credit cycles and generational change rather than through the quarterly narrative. That lens is the reason I am where I am, and it is most of what I write about.

This site is the complete record: every venture, live or dead, with what it was, what happened and what it taught. The failures are on the same page as the rest, because a list with only the wins on it tells you nothing.