Reasons not to, first
Every opportunity is screened for the reasons to stop before anyone builds a model. Most stop, and that is the filter working.
A Cyprus holding and investment company that puts its own capital at risk — and says plainly what it is not permitted to do.
The simplest way to align an investor with a business is to make the investor’s own money the thing at risk.
A fund manager earns on assets under management. A broker earns on transactions. An adviser earns on the hour or on the deal. Each of those is a legitimate business, and each puts a small wedge between what is good for the adviser and what is good for the company.
VEXILON removed the wedge by removing the outside money. There is no fund to raise, no assets to gather and no transaction fee to earn, because the capital at risk is the company’s own.
The consequence is that we are small, slow and say no far more often than yes. It also means that when we do proceed, our interest and yours are the same instrument.
Values are cheap to write down. These are the ones that cost us something when we follow them.
Every opportunity is screened for the reasons to stop before anyone builds a model. Most stop, and that is the filter working.
We publish no performance figures, no track record and no case studies you could not independently check. In this field, unverifiable numbers are the oldest trick there is.
What happens in a bad year is agreed in advance, while everyone is still friendly. A good price on bad terms is a bad deal.
Justin Dominic Pollard is the director of VEXILON LTD and makes its investment decisions.
That also means one identifiable person is accountable for the boundary this site describes — what the company does, and what it is not authorised to do.
Never write a cheque you would not want to explain to the person whose money it is — which, here, is yourself.
No regulated financial services. VEXILON LTD is not authorised or supervised by the Cyprus Securities and Exchange Commission (CySEC) or any other financial regulator. It does not provide investment advice, portfolio management, brokerage, custody or any other regulated investment service, and it does not hold client funds or client financial instruments.
No offer, no solicitation. Nothing on this website constitutes an offer of securities, an invitation to invest, a financial promotion or a recommendation to buy, sell or hold any asset. The company invests exclusively for its own account.
Consulting scope. Consulting provided by VEXILON LTD is commercial and operational in nature — company analysis, transaction structure and terms. It is not a personal recommendation and takes no account of any individual’s financial situation, objectives or risk tolerance.
Risk. Investing involves risk, including the total loss of capital. Anyone considering an investment should take independent, licensed advice appropriate to their own circumstances.
Tell us what is on the table. If it is outside what we do — or outside what we are permitted to do — you will hear that first.