Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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 On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

Eleanor Mahmoud goes clay shooting at the National Clay Shooting Centre with Sam Lansdowne from Thesis Asset Management

Play AA-rated Flood on gov't bonds: 'the maths doesn't add up'

AA-rated Flood on gov't bonds: 'the maths doesn't add up'

He also addresses why his Newton Multi-Asset Income fund has such a high cash weighting and why he sees renewables as such a good opportunity.

Play AAA-rated Ali: Identifying the peripheral European plays

AAA-rated Ali: Identifying the peripheral European plays

Citywire AAA-rated Tawhid Ali thinks that plenty of good stocks in the European periphery are being thrown out with the proverbial bath water.

Read More
Your Business: Cover Star Club

Profile: Brewin's Cardiff boss on the Welsh opportunity

Profile: Brewin's Cardiff boss on the Welsh opportunity

Prior to becoming head of Brewin Dolphin Cardiff, Welshman David Myrddin-Evans had only previously visited the city to watch the rugby.

Wealth Manager on Twitter