Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

George Osborne's brother to launch fund targeting tech start-ups

George Osborne's brother to launch fund targeting tech start-ups

Theo Osborne, the chancellor's younger brother is planning to launch an investment fund targeting tech start-ups.  

In an interview with the Evening Standard, Osborne outlined his plans to launch the Force Over Mass fund. Accelerator fund, which will typically invest in high growth, innovative early stage businesses.

Osborne, who co-founded Force Over Mass LLP along with Martijn De Wever, a former credit trader at HSBC, said the launch was expected in a couple of months.

'There’s been a big exodus from Silicon Valley, especially for tech start-ups, which are coming to London. There’s a real co-working revolution going on here,' he told the Evening Standard

'[The new company] is a bridge between tech and finance and it’s going to be really awesome. Find them, fund them, then mentor them.'

De Wever left HSBC in June 2013 according to FCA register, and the partnership received regulatory approval in Novermber 2013.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter