Paul Newey launches new venture

Paul Newey, founder of Ocean Finance has launched a new fund with ex Lloyds managing Director Tim Bullock.

The new company, New Wave Ventures, will look to invest between £500k and £2m initially in businesses that have significant growth potential and all funding will come from their own resources. In addition to the financial aspect, Newey and Bullock will also offer their corporate and entrepreneurial  expertise built up over many years of working at the highest levels of the financial services sector.

You can read more about their proposition and investment criteria by visiting the New Wave Ventures website.

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