Last updated: September 2023

1. About us and our Website

We are Capricorn Private Investments Limited (‘CPIL’ or ‘Capricorn’), registered in England and Wales with company registration number 10112657. Our registered address is Malta House, 36-38 Piccadilly, London, W1J 0DP.  We are authorised and regulated by the Financial Conduct Authority under the firm reference number 973321.  We own and operate this website (the Site).

All rights granted to Capricorn may be enforced by Capricorn or any of its affiliates within the Capricorn Group, details of which can be found on our Website (Capricorn is also referred to in these Terms of Use as “we”, “our” or “us”).

2. About our terms of use

Before you start to use our Site, please read this page (and the documents referred to in it) carefully. They will tell you the terms on which you may make use of our Site.

Your use of this Site is subject to these Terms of Use.  By using the Site, you will be deemed to have accepted and agreed to be bound by these Terms of Use.  If you do not agree to these terms of use, please do not use our Site.

We may make changes to these Terms of Use from time to time.  We may notify you of such changes by any reasonable means, including by posting the revised version of these Terms of Use on the Site. You can determine when we last changed these Terms of Use by referring to the ‘Last updated’ statement above. Your use of the Site following changes to these Terms of Use will constitute your acceptance of those changes.

3. Accessing our Website and changes to it

You are responsible for all access to the Site using your internet connection, even if the access is by another person.

We reserve the right to restrict, suspend or terminate your access to the Site or part of it without notice for any conduct that we, in our sole discretion, believe is in violation of any applicable law or is harmful to the interests of another user, a third-party provider, a service provider, or us. Access to restricted areas of the Site may be subject to registration and other conditions. If we grant you permission to access a restricted area, we may withdraw that permission at any time (including where you breach any of these Terms of Use).

We will use reasonable efforts to ensure that the Site is available at all times. However, we cannot guarantee that the Site or any individual function or feature of the Site will always be available and/or error free. In particular, the Site may be unavailable during periods when we are implementing upgrades to or carrying out essential maintenance on the Site.

We may update the information on the Website from time to time, although please note we are under no obligation to update it. However, whilst we believe the information is reliable, we cannot confirm that the information is accurate, complete or up-to-date at any given time and, you must always speak to an independent financial advisor if you wish to obtain investment advice. We may update or remove information from time to time for business reasons, for example because the subject matter is no longer relevant.

Your permission to use the Site is personal to you and non-transferable, and you may not use the Site for commercial purposes. Your use of the Site is conditional on your compliance with the rules of conduct set forth in these Terms of Use and you agree that you will not:

  • use the Site for any fraudulent or unlawful purpose;
  • use the Site to defame, abuse, harass, stalk, threaten or otherwise violate the rights of others, including without limitation others’ privacy rights or rights of publicity;
  • impersonate any person or entity, falsely state or otherwise misrepresent your affiliation with any person or entity in connection with the Site; or express or imply that we endorse any statement you make;
  • interfere with or disrupt the operation of the Site or the servers or networks used to make the Site available; or violate any requirements, procedures, policies or regulations of such networks;
  • transmit or otherwise make available in connection with the Site any virus, worm, Trojan horse or other computer code that is harmful or invasive or may or is intended to damage the operation of, or to monitor the use of, any hardware, software, or equipment;
  • reproduce, duplicate, copy, sell, resell, or otherwise exploit for any commercial purposes, any portion of, use of, or access to the Site;
  • modify, adapt, translate, reverse engineer, decompile or disassemble any portion of the Site. If you wish to reverse engineer any part of the Site to create an interoperable program you must contact us and we may provide interface data subject to verification of your identity and other information;
  • remove any copyright, trade mark or other proprietary rights notice from the Site or materials originating from the Site;
  • frame or mirror any part of the Site without our express prior written consent;
  • create a database by systematically downloading and storing Site content;
  • use any manual or automatic device in any way to gather Site content or reproduce or circumvent the navigational structure or presentation of the Site without our express prior written consent. Notwithstanding the foregoing, we grant the operators of public online search engines limited permission to use search retrieval applications to reproduce materials from the Site for the sole purpose of and solely to the extent necessary for creating publicly available searchable indices of such materials solely in connection with each operator’s public online search service.

We reserve the right to revoke these exceptions either generally or in specific instances.

4. Information not recommendation or offer

The information contained on our Website is for general information purposes only. It is not intended to amount to advice on which you should rely or to amount to any recommendation.

Nothing on this Website constitutes an offer to sell, a solicitation, or an offer to buy, any investment, securities, funds, financial instruments, products or services, or to engage in any other transaction, or to provide any investment advice, recommendation or service.

You should obtain independent professional or specialist advice before making any decision or taking (or refraining from) any action (including among other things to purchase a financial product or service, enter a contract for the same, or make any decision after you have entered such a contract).

We may refuse any applications or requests for further information we may receive.

Any opinions expressed on this Website, whether in general or in a wider economic context, represent the views of Capricorn or the contributor at the time of preparation. These opinions may change from time to time. They should not be interpreted as investment advice or as a recommendation.

5. Country restrictions

Any products and services described on this Site may not be available in all countries or to all investors.

The information contained in this Site is directed only at persons or entities in any jurisdiction or country where access to that information and the use of it is not contrary to or in breach of local law or regulation. Please ensure that you comply with all applicable laws and regulations of any relevant jurisdiction when accessing the information contained in this Site, as legal obligations will apply to you as well as to us.

All sections of the Site are reserved exclusively for non-US and non-Canadian Persons. If you are a US or Canadian Person, you must not access any part of the Site. A ‘US Person’ is a national, citizen or resident of the United States of America or a corporation or partnership organised under the laws of the United States of America or having a principal place of business in the United States of America. A ‘Canadian Person’ is a national, citizen or resident of Canada or a corporation or partnership organised under Canadian law or having a principal place of business in Canada.

6. Links and third party websites

The Site may contain links to other websites and online resources which are provided for your information and convenience only. These links do not amount to our recommendation or endorsement of that third party or its website. Please note that we have no control over, and are not responsible for, the content of a third-party website, and we have not verified the accuracy of any content on such third-party website. Accordingly, we are not liable for the content or availability (or lack of availability) of such third-party websites.  Your use of third-party websites and resources is at your own risk.

Please let us know if you are providing links to our Website on an external source, by contacting us at  You may create a link to this Site, provided that:

  • the link is fair and legal and is not presented in a way that is:
    • misleading or could suggest any type of association, approval or endorsement by us that does not exist, or
    • harmful to our reputation or the reputation of any of our affiliates;
  • you retain the legal right and technical ability to immediately remove the link at any time, following a request by us to do so;
  • the link is to the homepage of this Site at the following URL:;
  • the link will not cause this Site or any content on this Site to be:
    • embedded in or ‘framed’ by any other website, or
    • otherwise displayed in a way different to the way originally intended by us.

We reserve the right to require you to immediately remove any link to the Site at any time and you shall immediately comply with any request by us to remove any such link.

7. About your data

In order to access certain features of our Site, you may be required to provide information about yourself including, among other things, your email address. For information about how we use your personal data, please read our Privacy Policy which can be found here:

A cookie is a small amount of data that is sent to your browser from a web server and stored on your computer’s hard drive. Depending on the settings you have selected, your browser adds the text to your device as a small file.

This site may use cookies in order to understand how you use and interact with this website and to compile meaningful site traffic reports.  You have the ability to accept or decline cookies. Many web browsers automatically accept cookies by default, but you can usually modify your browser setting to decline cookies if you prefer. If you choose to decline cookies, you may not be able to sign in or use other interactive features of our Website and services that depend on cookies.

8. Our intellectual property rights

The intellectual property rights in the Site and all of the text, pictures, videos and other content made available on it are owned by us and our licensors. You may not print or otherwise make copies of any such content without our express prior permission.

9. Liability

We provide the Site on an ‘as is’ basis and make no representations as to the quality, completeness or accuracy of any content made available on the Site. To the maximum extent permitted by law, we expressly exclude:

  • all conditions, warranties and other terms that might otherwise be implied by law into these Terms of Use; and
  • any and all liability to you, whether arising under these Terms of Use or otherwise in connection with your use of the Site.

The foregoing is a comprehensive limitation of liability that applies to all damages of any kind, including (without limitation) compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property and claims of third parties. Notwithstanding the foregoing, nothing in these Terms of Use is intended to exclude or limit any liability that may not by law be excluded or limited, and in particular none of the exclusions and limitations in this clause are intended to limit any rights you may have as a consumer under local law or other statutory rights which may not be excluded, nor in any way to exclude or limit (site owner) liability to you for death or personal injury resulting from our negligence or that of our employees or agents.  In particular, we do not exclude our duties and liabilities under the Financial Services and Markets Act 2000 and any FCA conduct of business rules which may apply to us.

10. Governing Law & Jurisdiction

These terms of use will be governed by and construed in accordance with the laws of English, and the courts of England will have non-exclusive jurisdiction over any claim or dispute arising under or in connection with these Terms of Use.