Florman’s credentials span a 30-year career in finance and private equity, with his most notable roles being chief operating officer of ArosMaizels, a Nordic investment bank he started in 2000, and as senior principal at Doughty Hanson from 2001 to 2008.
Florman also co-founded the Centre for Social Justice in 2004 – a UK think tank aimed at reducing poverty – and founded Build a School in Africa in 2002.
More recently he sought to combine his experience in African development and private equity when he took a managing role in the Bob Geldof-backed 8 Miles Fund last year. The fund, which will take a multi-sector pan-African investment approach, is aiming for $750 million in commitments. Florman will remain a non-executive vice chairman of 8 miles, according to a BVCA statement.
“The next few years will be crucial for the fortunes of the UK economy”, said Florman. “I believe that a sustained recovery requires the UK to develop its venture capital sector further and to support its entrepreneurs.”