Former Apollo Multi Asset Management partner Tom McGrath has returned to the industry with a new venture aimed at raising assets for small fund groups.
McGrath (pictured) is now chief executive of Phoenix Sky Consulting (PSC), which will work on behalf of small- and medium-sized companies looking to raise assets, or seeking finance from the investment management space. One of the firm's first clients is an enterprise investment scheme (EIS) financing Bradley & Bee, a children's TV programme produced by Red Kite Animation company. Another is Eco Floating Lodges, which develops environmentally friendly, affordable housing in the UK. McGrath said PSC is also in discussions to raise assets by acting as a distributor for several specialis...
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