I am a director of IPGL Limited, a private holding company which focuses on partnering with experienced management teams to build fast growing businesses in financial services and other sectors where we can use the group’s deep sector expertise and entrepreneurial skills of the investment team to increase the probability of success and accelerate each company’s growth. Our interest is in developing young businesses into institutional platforms which we then typically look to sell and then reinvest the proceeds into new opportunities. Over the past 20 years the group has had considerable success in building broking, retail CFD, fund management, insurance and gaming companies.

 

At the moment, the group has large minority or majority holdings in over 15 public and private trading companies including 20 percent of ICAP plc, the FTSE 100 listed interdealer broker and a majority holding of City Index, a leading provider of CFD and spread betting services.

 

Michael Spencer, the founder and chief executive of ICAP plc, together with his wife and family trusts, are majority shareholders of the company.

 

As well as co-managing our portfolio of investee companies, I am responsible for making new investments. We are currently focussed on investing in UK based financial services companies with enterprise values between $10 million and $100 million. We will occasionally consider other sectors.

 

Previously I was an investment director at venture capital firm MMC Ventures and prior to that I worked for Deloitte & Touche Corporate Finance. I am a qualified chartered accountant.