FIDUCIARY

Foundations

Modern Alternatives for Wealth Planning.

Foundations can provide a flexible alternative to trusts, particularly for clients from civil law jurisdictions who prefer corporatestyle structures.

Bellerive assists with establishing and administering Guernsey foundations, which have legal personality and can hold assets and contract in their own name. Foundations are created by a Founder, governed by a Charter and Rules, and managed by a Council. A Guardian or Protector may be appointed for oversight.

Unlike trusts, foundations have their own legal personality and can hold assets, enter contracts, and act in their own name. They’re established by a Founder, governed by a Charter and Rules, and managed by a Council – which may include family members, advisors or Bellerive professionals. There are no shareholders; instead, the foundation is funded by an initial endowment and serves beneficiaries or specific purposes as defined by the Founder. Guardians or protectors may also be appointed to provide oversight.

Why Choose a Foundation?

Foundations are especially attractive to international clients who prefer structures that resemble companies but want to preserve wealth, maintain control, and support family or charitable causes.

They offer perpetual existence without the complexities of shareholder management, legal ownership of assets without the typical split between legal and beneficial title, and a greater degree of privacy rather than the public Charter.

Common uses include:

How Bellerive Supports You

We support the full lifecycle—from drafting Charter/Rules to registration and ongoing administration. We can act as Guernsey Resident Agent, provide Council members, manage governance and accounting, and support compliance with local requirements.

How Bellerive Supports You

We support the full lifecycle—from drafting Charter/Rules to registration and ongoing administration. We can act as Guernsey Resident Agent, provide Council members, manage governance and accounting, and support compliance with local requirements.

We guide clients through every stage – from drafting the Charter and Rules to registration and administration. We can serve as the Guernsey Resident Agent, provide Council members, manage accounting and governance, and ensure compliance with local law. Where relevant, we also assist with impact tracking and distribution for philanthropic foundations.

Whether used on its own or alongside a trust, a Guernsey foundation offers lasting structure, legal clarity, and strategic control. With Bellerive as your partner, you gain expert setup, thoughtful governance, and enduring support – all designed to protect and advance your legacy

Type: Private equity bridging loan
Loan amount: €6.5m
Term: 6 months
Location: Guernsey and Poland
Description: Bellerive provided a bridging loan to Vaalon Capital to support the closing on a transaction to acquire control of one of the largest trailer manufacturers in Europe. The loan wasrepaid on time.

Moonshine Technologies Private Limited (trades as PokerBaazi)

PokerBaazi is India’s market leading online poker website. Operating within India’s skill gaming legal framework, PokerBaazi established itself as the market leading product offering and is run by a highly experienced management team.

Bellerive Capital invested into PokerBaazi in 2019, exited in 2024.

The IRR on the investment over its lifespan is 37.01%

Propel Holdings Inc

Propel is the operator of the Money Key brand, a specialist consumer lending platform. It was started by a serial entrepreneur which we backed at the business plan stage, with the company ultimately going public in October 2021.

Bellerive Capital invested into Propel in 2016, exited in 2024.

The IRR on the investment over its lifespan is 433.52%

Blue Ribbon Software Ltd

Blue Ribbon are a B2B provider of specialised jackpot solutions for iGaming operators. With the emergence of customisable jackpot offerings as a key differentiator for operators, Blue Ribbon positioned itself as a leading supplier.

Bellerive Capital invested into Blue Ribbon in 2018, exited in 2021.

The IRR on the investment over its lifespan is 66.26%

Junglee Games Inc

Junglee is one of India’s leading online Rummy destinations. Operating within India’s skill gaming legal framework, Junglee exhibited rapid growth and a high-quality product offering.

Bellerive Capital invested into Junglee in 2016, exited in 2021.

The IRR on the investment over its lifespan is 64.98%

Luna Labs Limited

Luna Labs is a cutting edge technology solution for creating playable ads for game publishers. Playable ads emerged as one of the primary ad units for user acquisition in the mobile gaming space and Luna Labs positioned itself as a highly effective solution for their rapid creation and iteration.

Bellerive Capital invested into Luna Labs in 2019, exited in 2021.

The IRR on the investment over its lifespan is 590.35%

Bellerive Capital invested into Superplay in 2020, exited in 2024.

The IRR on the investment over its lifespan is 84.66%

Bellerive Capital invested into SuprNation AB in 2016, exited in 2023.

The IRR on the investment over its lifespan is 13.38%

Superplay Ltd

Superplay Ltd are the creators of Dice Dreams, a leading mobile casual game in the luck-battler genre. The early KPI’s for Dice Dreams indicated there was significant potential for scale, combined with a very experienced team of multi-exit founders

Bellerive Capital invested into Superplay in 2020, exited in 2024.

The IRR on the investment over its lifespan is 84.66%

Bellerive Capital invested into SuprNation AB in 2016, exited in 2023.

The IRR on the investment over its lifespan is 13.38%

365Scores Ltd

SuprNation AB is a leading iGaming operator focussed on gamification across its brands which include Duelz, Voodoo Dreams and NY Spins. This investment focussed on a differentiated online casino offering in a crowded market paired with exceptional execution from highly talented and experienced management.

Bellerive Capital invested into SuprNation AB in 2016, exited in 2023.

The IRR on the investment over its lifespan is 13.38%

SuprNation AB

SuprNation AB is a leading iGaming operator focussed on gamification across its brands which include Duelz, Voodoo Dreams and NY Spins. This investment focussed on a differentiated online casino offering in a crowded market paired with exceptional execution from highly talented and experienced management.

Bellerive Capital invested into SuprNation AB in 2016, exited in 2023.

The IRR on the investment over its lifespan is 13.38%

Our trust operations are regulated by the Guernsey Financial Services