VAR Capital strengthens investment and client coverage team and opens new office in the Middle East

Date: 29 Oct 2025

Karen Jones

VAR Capital has announced a significant expansion of its platform, making senior hires to strengthen its investment and client coverage capabilities, launching a Private Capital business, and opening a new representative office in Dubai to serve its growing base of Middle Eastern clients.

Vikash Gupta, CEO of VAR Capital

As part of this growth, VAR has appointed Rupesh Patel, Jonathan Eldridge, and Amie O’Callaghan to strengthen its investment and advisory offering.

Rupesh Patel joins VAR to lead the firm’s Private Capital business, bringing more than two decades of experience across deal advisory, private equity, and credit investing. He previously held senior roles at Praesidian Capital and Gresham House Ventures and began his career at Deloitte and Grant Thornton where he specialised in corporate finance advisory. His expertise across M&A and private markets will support VAR’s clients in accessing and executing complex investment opportunities.

Jonathan Eldridge joins VAR as an Investment Director, managing client portfolios. He was previously at Barclays, where he was part of the team overseeing several billion pounds in concentrated long only equity portfolios. Prior to this, he spent nearly 20 years in hedge funds, as a portfolio manager at Marble Bar Asset Management, followed by Silphium Asset Management where he managed a low volatility fundamental equity long/short portfolio.

Amie O’Callaghan has recently joined VAR to help strengthen coverage of key client relationships in London. She brings 12 years of experience across investment advisory and wealth management, having previously worked as an Investment Advisor at Barclays, where she delivered bespoke investment and structuring solutions for UHNWIs and family offices.

VAR has also expanded its international footprint with the opening of a representative office in Dubai, from which it will serve clients exclusively across the Middle East. Co-founder and CEO Vikash Gupta will spend significant time in the region to lead the firm’s growth and deepen relationships with local investors. Vikash Gupta, CEO said: With a number of our clients leaving UK for middle east, it is important for us to expand our coverage and stay close to them. I am delighted with the progress of the platform and our expansion, which had been in plan over a number of years.

VAR Capital’s Citywealth Leaders List profile

Vikash Gupta’s Citywealth Leaders List profile


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