Gavyn Davies co-founded Active Partners in 2004 to back consumer entrepreneurs in the UK while simultaneously serving as Founder and Executive Chairman of Fulcrum Asset Management, giving him an unusual combination of global macro investing expertise with early-stage consumer venture capital. His background as former Chief Economist at Goldman Sachs and experience as Chairman of major institutions like the BBC provides portfolio founders with macroeconomic insight and boardroom-level guidance on governance that most consumer VCs don't offer.
About their Fund
Sectors
Consumer, CPG / D2C, Food & Ag, Marketplaces, Ecommerce
Rounds
Avg Check Size
£200k – £1m, £5-15m
Notable Investments
Active Partners evolved from a single-family office that backed early Soho House, Rapha, and LEON into a dual-fund strategy running both an early-stage UK consumer fund (£200k–£1m cheques) and a growth fund making only 2–4 investments per year of £3–15m with board seats and intensive founder partnerships. They explicitly focus on category-redefining brands across the entire consumer landscape where consumers should think of their portfolio companies first at purchasing crossroads, using structured post-investment exercises to sharpen brand purpose and systematically measuring brand love through metrics like NPS, granular review analysis, and repeat purchasing patterns rather than just CAC/LTV.
Notable Fund
Investments
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