New London Investment Club Focuses Attention On Greece & Cyprus

A new investment club has been formed in London with the aim of becoming active in Greece and Cyprus. According to the Cyprus News Agency, a formal announcement should be expected in the coming summer. The founding team of the "Hellenic Investment Club" consists of investment bankers, private equity professionals, hedge fund managers and venture capitalists.

The founder is a London financier of Athenian origin.

The Club specialises in the buying and building of companies that operate in the Hellenic mid-market. Its investors' working method in private equity is cooperating with the management teams they back, acquire businesses which operate in attractive and fragmented sectors and transform them into market leaders.

     "Our investment model creates value by driving operational improvements, supporting organic growth and sourcing and funding complementary acquisitions," states the Club's website.

The Club is currently able to deploy over 200 million of capital.

The focus in venture capital is buyouts in established businesses. However, the Club's members also accelerate innovative ideas through their affiliation with established venture capital clubs in London, Athens and the Silicon Valley. The main focus is given to the healthcare, technology - media - telecommunications and services industries.

A source close to the founding team has confirmed to the Cyprus News Agency that the Hellenic Investment Club intends to get involved in Cyprus as well by the end of the year. (CNA)