Hargreaves Lansdown co-founder Stephen Lansdown has joined investment group Edge Investments as an investor and partner.
Lansdown has acquired a 10% stake in Edge Investments for an undisclosed sum through the private equity arm of his family office, founded with and managed by Gordon Power, the director of Edge’s investment committee.
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He will work alongside David Glick, Edge’s founder and chief executive to help grow the business.
Edge has recently launched its £40m Edge Creative Enterprise fund with support from the British Business Bank. The company is currenty evaluating a number of creative industries businesses to start allocating money from the fund in 2016.
Edge Investments is a specialist investment house that targets the creative industries sector particularly media and entertainment.
"I have enormous respect for the role Edge plays in funding young, fast-growing creative industries businesses. So I was delighted to take this opportunity to acquire a stake and support David and his colleagues as they develop the business," said Lansdown.
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By GlobalDataGlick said: "I look forward to working with Stephen and Gordon, and believe they can offer us invaluable wisdom and support as we develop Edge."
