LDC backs Capital Economics

The capital injection allows the business to strengthen the management team and widen ownership of shares among its staff base. The firm intends to develop its product range and explore the possibility of further international offices.

Company
Founded in 1999 and based in London, Capital Economics is a macroeconomic consultancy firm that conducts research for 1,300 clients in 70 countries. The business generates 70% of its revenues abroad, with the US representing the largest market.

Capital Economics' clients operate in banking, finance, asset management, government and property.

People
Roger Bootle will continue to lead the Capital Economics management team in his role as executive chairman. Existing director Jonathan Loynes and Julian Jessop will sit on the board alongside Peter Rigby, former chief executive at Informa, who joins as non-executive director. LDC investment director Chris Neale and CEO Chris Hurley will also join the board.

Advisers
Company – Quayle Munro (Corporate finance); Squire Patton Boggs (Legal).

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• Topics
• UK / Ireland
• Media
• Expansion
• United Kingdom
• LDC