Pembroke: Hambro capitalist ventures out the door

UPHEAVAL is in the air in the world of venture capital. First Jon Moulton, leading light of Schroder Ventures, packed his bags last week following a difference of opinion over strategy. Now Gilbert Chalk, managing director of Hambro European Ventures, has done the same thing. He resigned yesterday after a run-in over future direction with the fund's investment bank parent. The whisper is that Mr Chalk was unhappy about the bank's attempts to strengthen its grip on the venture division.

Edmund Truell will take over as managing director with Michael Sorkin acting as chairman. Mr Chalk will stay a director of the bank.

SOTHEBY'S obviously has great confidence in the purchasing power of the average reader of GQ, the glossy lifestyle magazine for men. An advert in the current issue placed by Sotheby's International Realty of New York includes the movie-style Caritas Island. The four-acre private island off the coast of Stamford, Connecticut comes complete with 280- degree views of Long Island sound. And the des res itself boasts 10 bedrooms, eight baths, a salt water pool, a lap pool and a deep water dock for those little private yachts friends might drop by in. Staff can make themselves at home in the three-bedroom caretaker's cottage in the grounds

Sotheby's declines to identify the seller, or how much the island might fetch. But you can bet it is out of the reach of the average advertising executive who reads GQ.

STAFF AT Courtaulds, the chemical company, might like to start early on their fitness programmes now they know Howard Evans will be joining in June as finance director. For Mr Evans seems to be that rare thing, an exciting accountant. A partner at Price Waterhouse, he is a keen skier and keep-fit enthusiast. At PW he sent staff on adventure courses and once brought in the former champion hurdler David Hemery to help with team building.

Hemery, who now runs a business called Performance Consultants, had the bemused suits lying on the floor describing to their partners how they were going to get up. Whether he will get Courtaulds' chief executive, Sipko Huismans, to join in is another matter.

(Photograph omitted)

RALEIGH, Britain's best-known bicycle company, is really starting to pedal. It has just announced the sponsorship of a new racing team and in March will back two intrepid cyclists who are planning a trip up the Yangzte river valley. Raleigh is providing Jill Cholmondeley and Fiona Dunlop with Raleigh Pioneers to undertake the 3,000-mile ride, where they will cycle in the footsteps of Isabella Bird, who undertook the journey nearly 100 years ago in spite of a bad back and heart.

The trip will be filmed for a BBC documentary and Ms Cholmondeley hopes to raise a substantial sum to help save the Asian rain forest.

DONALD TRELFORD, erstwhile editor of the Observer and currently acting editor of the Oldie while Richard Ingrams completes his book on Malcolm Muggeridge, is obviously taking his new line of work very seriously. Next month he is speaking at a 'Third Age of Marketing' conference on selling to the over-50s which is sponsored by the charity Age Concern.

'I don't know exactly what he will be speaking about,' says a spokesman for the Henley Centre, which is organising the event. 'Just about being over 50, I think.'

Start your day with The Independent, sign up for daily news emails
peoplePair enliven the Emirates bore-draw
Arts and Entertainment
tvPoldark episode 8, review
Britain's opposition Labour Party leader Ed Miliband (R) and Boris Johnson, mayor of London, talk on the Andrew Marr show in London April 26
General electionAndrew Marr forced to intervene as Boris and Miliband clash on TV
ebooksA special investigation by Andy McSmith
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Ashdown Group: Treasury Assistant - Accounts Assistant - London, Old Street

£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...

Ashdown Group: Business Analyst - Financial Services - City, London

£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...

SThree: Trainee Recruitment Consultant

£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...

Day In a Page

General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence
Public relations as 'art'? Surely not

Confessions of a former PR man

The 'art' of public relations is being celebrated by the V&A museum, triggering some happy memories for DJ Taylor
Bill Granger recipes: Our chef succumbs to his sugar cravings with super-luxurious sweet treats

Bill Granger's luxurious sweet treats

Our chef loves to stop for 30 minutes to catch up on the day's gossip, while nibbling on something sweet
London Marathon 2015: Paula Radcliffe and the mother of all goodbyes

The mother of all goodbyes

Paula Radcliffe's farewell to the London Marathon will be a family affair
Everton vs Manchester United: Steven Naismith demands 'better' if Toffees are to upset the odds against United

Steven Naismith: 'We know we must do better'

The Everton forward explains the reasons behind club's decline this season
Arsenal vs Chelsea: Praise to Arsene Wenger for having the courage of his convictions

Michael Calvin's Last Word

Praise to Wenger for having the courage of his convictions