Howard Shore is the founder and executive chairman of Shore Capital Group plc, a UK investment group based in Guernsey, London, Liverpool, Edinburgh and Berlin. He established and is also a director of Puma Brandenburg Limited, a German-based investment company and a prominent supporter of the UK Conservative Party.
Video Howard Shore (entrepreneur)
Career
Howard Shore began his career at private client fund manager Grieveson Grant & Co before studying economics at Cambridge University. On graduating, he returned to the City and traded financial futures on the newly established LIFFE market.
In 1985, aged 25, he co-founded Shore Capital (then known as Puma Securities) as an independent stockbroker with an initial investment of £10,000, providing trading services on behalf of high net worth individuals. Following an investment from British Land, a London property firm, Shore grew the business, initially market-making in AIM-listed stocks and then in fully listed stocks on the London Stock Exchange. Following the acquisition of Charterhouse Tilney, Shore expanded the company's offering in institutional research and corporate broking.
In 2000, following the acquisition of internet firm Jellyworks, Shore Capital floated on the AIM stock market.
In 2006 Shore Capital established Puma Brandenburg Limited, a holding company primarily focused on German real estate 90% owned by Shore and his wife. The portfolio's holdings include over 3,000 residential apartments, most of which are in Berlin; and 185 commercial properties ranging from Lidl food retail stores and to a number of hotels, including the Hyatt Regency Hotel in Cologne.
In 2015, Shore established Brandenburg Realty Limited, raising funds from institutional investors and family offices, predominantly from the United States, to invest in German residential real estate.
Shore Capital is the parent company of Puma Investments, whose ninth VCT launched in 2013 (Puma 9) was the largest fund raise of that year at £28m.
Shore announced that he was relinquishing operational responsibilities for Shore Capital in 2017 but he remains as executive chairman of the Group.
Maps Howard Shore (entrepreneur)
Tottenham Hotspur
Between 2001 and 2003, Shore served as a non-executive director at Tottenham Hotspur FC, of which he is a lifelong supporter.
Political activity
Howard Shore is a prominent supporter of the UK Conservative Party and in 2006 became one of the earliest financial backers of the new leader David Cameron. He is a consistent advocate for lighter regulation of the private sector in the UK and was prominent among the business community in calling for the UK to leave the European Union.
References
Source of the article : Wikipedia
0 Comments