PEMBROKE: A different kind of venture

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The Independent Online
Paul Brooks, the charming managing director of Prudential Venture Managers, is going private. After nine years building up PVM, venture capital arm of Prudential Corporation, he decided on his 40th birthday last September to jack in the City and t ake upreading, travel and learning.

The former 3i trainee, who lives in a modest flat in Putney, London, launched 20 of his companies into the turbulent Stock Exchange last year, and invested nearly £1bn in 15 management buy-outs and buy-ins.

However, professional success has lead to a barren personal life. "I want more time and more control," he said. He is leaving a portfolio worth £200m in the hands of Jonathan Morgan.