Pembroke VCT boss Andrew Wolfson: ‘New founders aren’t blaming Brexit’
Each week we dig into the memory bank of the City’s great and good. Today, Andrew Wolfson, CEO of Pembroke VCT and backer of brands including backer of TALA and Pasta Evangelists, tells us about his career
What was your first job?
When I turned 16, I took a job working at Marks and Spencer during the holidays.
What was your first role in the City or business world?
I didn’t actually start out in venture capital – I was an entrepreneur until 2009. Back in 1990, I was operations manager for a clothing business owned by Peter Dubens and Jonathan Sieff. I then ventured into hospitality, running a tennis and golf hotel in the South of England.
When did you know you wanted to build a career in venture capital?
I loved being an entrepreneur. I always liked building things and developing new strategies. Then I had a pivotal moment after the 2008 global financial crisis. I had just got married and I had one child and one on the way. I had an opportunity to work for Peter Dubens again, who needed someone to look after his private businesses. Founders kept coming to us seeking advice and capital, so we were inspired to set up a structured fund – and Pembroke was born. It’s evolved tremendously since then. Our team has grown, and our portfolio expands and matures each year.
What’s one thing you love about the City of London?
Despite the doom and gloom, London has a real entrepreneurial........
© City A.M.
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