Nationality British Occupation Entrepreneur | Name Howard Shore | |
Howard Shore is the founder and executive chairman of Shore Capital Group plc, a UK investment group based in based in Guernsey, London, Liverpool, Edinburgh and Berlin. He is also a director of Puma Brandenburg Limited, a German-based real estate fund and a prominent supporter of the UK Conservative Party.
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Career
Howard Shore began his career at private client fund manager Grieveson Grant & Co before studying economics at Cambridge University. On graduating, he returned to the City and traded financial futures on the newly established LIFFE market.
In 1985, aged 25, he founded Shore Capital as an independent stockbroker with an initial investment of £10,000. Following an investment from British Land, a London property firm, Shore grew the business, initially market-making in AIM-listed stocks and then in fully listed stocks on the London Stock Exchange.
In 2000, following the acquisition of internet firm Jellyworks, Shore Capital floated on the AIM stock market.
In 2006 Shore Capital established Puma Brandenburg Limited, a German real estate fund 55% owned by Shore and his family. The fund’s portfolio includes a number of Lidl food retail stores and the Hyatt Regency Hotel in Cologne.
Shore Capital is the parent company of Puma Investments, which manages a total of 11 venture capital trusts (VCTs) invested in UK SMEs. In 2013 Puma 9, the ninth VCT launched by Puma Investments, was the largest fund raise of its kind that year at £28m.
Tottenham Hotspur
Between 2001 and 2003, Shore served as a non-executive director at Tottenham Hotspur FC, of which he is a lifelong supporter.
Political activity
Howard Shore is a prominent supporter of the UK Conservative Party and in 2006 became one of the earliest financial backers of the new leader David Cameron. He is a consistent advocate for lighter regulation of the private sector in the UK – particularly the financial services sector – and has called for the UK to leave the European Union.