Alexander Ross
Podcast appearances as guest
Episode 27 - Mark Beeston and Alexander Ross
In this episode, I sit down with Mark Beeston and Alexander Ross, founder and general partner at Illuminate financial.
On the podcast
Alexander joined Illuminate about ten years ago from Bain's private equity group and opened its New York office in 2019, where it has about eight people.
Illuminate's 2015 fund is the top European fund for distributions in its vintage, with about seven exits from Fund I and one or two from Fund II.
Illuminate's digital-asset investments include Copper, Curv (sold to PayPal), Talos and Notabene, and it recently backed deepfake detector Reality Defender.
The top ten acquirers in capital-markets infrastructure bought about 200 companies in the three years to 2023.
Selling enterprise fintech to banks typically takes about 12 months per salesperson costing around $300,000 a year, for contracts of $100,000 to a couple of million.
UK stamp duty on share trading drains liquidity and pushes companies to list in the US.