London is one of the most exciting and competitive markets in the world. It is home to a vast talent pool and there is a big addressable market of affluent customers willing to spend. We have been based in the capital for 35 years, so we understand what it takes to succeed.
The economy here is incredibly diverse and ambitious entrepreneurs need different kinds of support at various stages in their business lifecycle. Speaking to entrepreneurs on the ground, we’ve noticed some exciting, fast-growth niches in London. Businesses that use technology to disrupt existing industry are doing particularly well here, as evidenced by EDM and REaD Group.
Another pocket of growth right now is in consumer brands. Piccolo and KMI are attacking traditional markets with fresh and on-trend products. Creative, bold businesses that prove themselves in London are in a strong position to expand across the UK, and around the world.
To date, LDC has backed 215 management teams in London with £1.4bn in growth capital. We work with management teams across all sectors of the economy and have a track record in bringing the right support at the right time. The proof is in the pudding: our portfolio companies currently support 3,600 jobs, turning over £500m collectively.