Somerston Group
Jersey-based multi-generation single-family office with shipping origins (1854) investing in real estate in Europe and the US, late-stage private tech and listed markets.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Family & background
- HEADQUARTERS
- St Helier, Jersey
- OFFICES
- London, United Kingdom · Munich, Germany · Warsaw, Poland · United States
- FOUNDED
- 1854
Investment approach
- GEOGRAPHY
- EuropeNorth America
- STAGES
- Growth
- ROUTES
- Companies (own capital)
- STRATEGIES
- Real estatePrivate equityDirect investmentsPublic equities
Overview
Somerston Group describes itself as the collective holdings of a multi-generation single-family office, privately owned and headquartered in St Helier, Jersey. Its origins go back to 1854, when Ralph Chapman set up as a ship's agent; the last shipping assets were sold by 1975 and property became the main focus. Today it holds real estate in Europe (via Somerston Capital and Polish subsidiary Newbridge) and the US (via The Cambay Group, master developer of River Islands, Lathrop, California), a controlling stake in Trans Pacific Networks, a later-stage private technology programme (Somerston Innovation), and listed-market portfolios run by Somerston Asset Management, a Jersey-regulated fund services business open to external investors by invitation. It also says it works with other families who share its investing ethos.
Investment thesis
Unconstrained asset selection concentrated on a manageable number of strategic initiatives; in private markets it invests directly and alongside aligned families and specialist managers in later-stage, pre-IPO companies (AI infrastructure, fintech, autonomy and defence, digital infrastructure, advertising technology, smart-city platforms).
Holdings & investments (12)
INVESTMENT ARMS & VEHICLES
- Jersey regulated fund services business managing listed investments
- Strategic acquisition, asset management and advisory arm (European real estate)
- The Cambay GroupHolds the Group's US real estate interests
- Castlebridge HospitalityManages the Group's hotel assets
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Deep Tech · controlling interest
- The Cambay Group (River Islands)Real Estate & PropTech
- NewbridgeReal Estate & PropTech
- Castlebridge HospitalityReal Estate & PropTech
- PalantirSoftware & SaaS · realized (Fund I)
- CoreWeaveArtificial Intelligence · realized (Fund I)
- KlarnaFintech · realized (Fund I)
- SoFiFintech · realized (Fund I)
- LucidMobility & Logistics · realized (Fund I)
- VoltaMobility & Logistics · realized (Fund I)
- DarktraceSoftware & SaaS · realized (Fund I)
- FigmaSoftware & SaaS · realized (Fund I)
People
- Nick WakefieldChief Investment Officer · source
- Aaron KnapikCIO, Portfolio Manager (Innovation) · source
- Allan ChapmanExecutive Director · source
- Alex OhlssonDirector and Legal Advisor · source
- Jon ReesNon-Executive Director · source
- Susan Dell'OssoDirector · source
- Tracy ClarkeChief Operating Officer · source
- Bill ScottCambay Director, US CFO · source
- Tom PowellChief Commercial Officer · source
- Kiril DeliivanovSenior Vice President (Innovation) · source
- Stephen ChapmanSenior Associate (Innovation) · source
- David FinchChief Financial Officer (Innovation) · source
- Lana CallahanGeneral Partner Director (Innovation) · source
Frequently asked questions
Somerston Group is a single family office based in St Helier, Jersey, founded in 1854.
Somerston Group invests its own capital into companies. Its stated asset mix includes real estate, private equity, direct investments and public equities.
Somerston Group invests at Growth stage in Real Estate & PropTech, Artificial Intelligence, Fintech, Software & SaaS and Mobility & Logistics.
Key people at Somerston Group include Allan Chapman (Executive Director), Alex Ohlsson (Director and Legal Advisor), Jon Rees (Non-Executive Director) and Susan Dell'Osso (Director).
Somerston Group's holdings and investments include Trans Pacific Networks, The Cambay Group (River Islands), Newbridge, Castlebridge Hospitality, Palantir, CoreWeave, Klarna and SoFi, among others.