4th October: Nicola Horlick
This week Elliot Moss is joined by Nicola Horlick.
Nicola Horlick is the CEO Money & Co, Chairman Rockpool Investments LLP
Nicola read Jurisprudence at Balliol College, Oxford. In 1983, she joined S.G. Warburg as a graduate trainee. She worked with Leonard Licht, one of the leading fund managers in the City during the 1980s, and together, they built up the Specialist Equity team of what became Mercury Asset Management. Nicola was appointed a director of Mercury in 1989.
In 1991, Nicola moved to Morgan Grenfell Asset Management and she was appointed Managing Director of the UK business in 1992. Over the following five years, funds under management increased from £4 billion to £22 billion and Morgan Grenfell became recognised as one of the leading managers of UK pension funds.
In 1997, Nicola left Morgan Grenfell and set up SG Asset Management for the French bank, Société Générale. The initial target for funds under management was £5 billion in five years. This target was reached after two years and within three years, funds under management had reached £7 billion.
In 2004, Nicola set up Bramdean Asset Management LLP with Sir Derek Higgs and the business was launched at the beginning of 2005. Bramdean ran a number of alternative investment mandates before selling the bulk of its business to Aberdeen Asset Management at the end of 2009. Bramdean continued to create and structure innovative new investment vehicles, primarily for the film industry through Derby Street Films. Nicola is also the Chairman of Rockpool Investments LLP, which raises private equity for companies, primarily using the Enterprise Investment Scheme. The launch of Money & Co is a further attempt by Nicola to help small and medium enterprises in the UK access capital in order to grow.