Dalmore Capital
Overview
Dalmore Capital is an independent fund management company specializing in lower volatility infrastructure assets, primarily in the UK. The firm manages approximately £6 billion across five flagship funds, investing in essential infrastructure projects such as public-private partnerships, energy utilities, and transport systems. Their portfolio includes over 130 assets, with notable investments in the Thames Tideway Tunnel and 24 operational wind farms in the UK. The firm's investment strategy emphasizes long-term value creation by acquiring and managing operational infrastructure assets. Dalmore Capital focuses on sectors like energy, utilities, transport, and social infrastructure, targeting stages such as buyouts, growth, and turnarounds. Their approach aims to deliver stable returns while supporting the transition to a more sustainable economy. In May 2025, Dalmore Capital was acquired by Royal London Group, enhancing Royal London's private assets capabilities and expanding its presence in the UK infrastructure market. Despite the acquisition, Dalmore Capital continues to operate as a standalone business, benefiting from the resources and scale of the wider Royal London Group.
Investment Focus
- Institutional investors seeking long-term, lower volatility infrastructure investments in the UK and Europe.
Portfolio Companies
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Frequently asked questions about Dalmore Capital
What sectors does Dalmore Capital invest in?
Dalmore Capital invests in Energy, Utilities, Transport and Social Infrastructure, and is based in England, United Kingdom. Dalmore Capital is listed as a private investment firm in the ConnectSafely investor database.
What stage does Dalmore Capital invest at?
Dalmore Capital backs companies at Growth, Buyout and Turnaround, writing cheques of 249M - 950M.
Which regions does Dalmore Capital invest in?
Dalmore Capital invests across United Kingdom, Canada and Europe.
Who are the partners at Dalmore Capital?
Team members listed for Dalmore Capital include Alistair Ray (Owner and CIO) and John Murphy (Finance Director).
What companies has Dalmore Capital invested in?
Dalmore Capital's portfolio includes Porterbrook, Tideway, Cory, Cadent Gas, EDF Wind, Anglian Water, Jura and Thameslink.
How do I contact Dalmore Capital?
Dalmore Capital's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
