Founder & CIO
Crystal Amber Activist Fund
Richard Bernstein is the founder and head of Crystal Amber, the London Stock Exchange listed activist fund. Since inception in 2008, the fund has generated annual shareholder returns in excess of 10%. Over the last three years, returns have been 16% per annum.
The Fund holds a concentrated portfolio. It is currently the largest shareholder in Scottish TV and in payments solutions provider Fair FX. It was previously the largest shareholder in Pinewood Film Studios and in chocolatier Thorntons prior to their takeovers. Crystal Amber has a strong track record of successful engagement with businesses in which it is a part owner. Crystal Amber also creates and gifts new shares to charity. Over the last year, $1 million of shares have been donated to worthy causes. The Fund considers charitable giving to be consistent with the positive change it always seeks.