nick-verardi
Director
Nick is Director at Erso Capital PCC. A corporate lawyer with over 25 years experience, Nick was involved in managing and overseeing the growth of Appleby’s Isle of Man office and its commercial department for 13 years. From 2009 to 2014, he served two terms on the global management board. Nick is a qualified Isle of Man advocate (1994), a solicitor of England and Wales (2000, non-practising) and a solicitor of Eastern Caribbean of the Supreme Court (2010). He was Chairperson and then President of the Isle of Man Chamber of Commerce from 2007-2011 and sat, by invitation of the Isle of Man Government, on the Isle of Man Financial Strategic Partnership until 2014.
In 2014, Nick joined a venture capital company, where he sat on the board of the two companies the business had invested in – Plan Communications Limited and Vannin Capital PCC. The former company won the prestigious Sunday Times award for the Fastest Growing Tech business in the UK in 2018; and the latter was sold to Fortress Investment Group the following year. Nick also sat on Vannin’s During his time on the board of Vannin’s investment committee, participating in decisions to invest in cases across the globe, ranging from single commercial litigation, insolvency, IP and international arbitration cases, to portfolios of claims and financing, to group actions and judgment enforcements. Vannin was sold to Fortress Investment Group in 2019.