Disruptive Capital has chosen Guernsey for its latest fund launch – the Secondary Disruptive Fund – with Ogier’s Guernsey investment funds team advising on the local aspects of its establishment and close. Disruptive Capital was founded by Edmund Truell, a former chairman of the British Venture Capital Association, to source and manage opportunistic investments.
Edmund Truell, a city financier, recommends a similar strategy of creating a handful of “pension superfunds”. He transformed the London Pension Fund Authority, which manages the pensions of about 50,000 current and former city employees, hooking it up with the Lancashire County Pension Fund to create a £10bn commonly managed scheme. He sold the portfolio of gilts, arguing that investing in housing and infrastructure were better long-term bets.