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Octopus Group

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Octopus Capital Limited
Octopus Group
Company typePrivate
IndustryConglomerate
FoundedApril 19, 2000; 24 years ago (2000-04-19) in London, UK
Founders
  • Simon Rogerson
  • Christopher Hulatt
  • Guy Myles
Headquarters,
United Kingdom
Key people
Simon Rogerson (CEO)
AUM£9.1bn (2019)
Websiteoctopusgroup.com

Octopus Group (legally Octopus Capital Limited) is a privately held UK holding company founded in 2000 by Simon Rogerson, Christopher Hulatt, and Guy Myles as a fund management company. Through its subsidiaries, it operates in the investment management, venture capital, energy, and real estate industries.[1][2]

As of December 2019, Octopus Group has more than 1.5 million customers and manages more than £9.1bn on behalf of its investors.

Businesses

Octopus Energy

Octopus Energy is a retail electricity and gas supplier in the UK, established in 2015. As of December 2019 the company had over 1.35 million domestic and business customers.

Octopus Renewables

Octopus Renewables is an investment fund specialising in renewable energy, particularly in solar and onshore wind. It is one of the largest owners of renewable energy infrastructure in Europe, with £3bn of assets under management.[3] In December 2019, Octopus Renewables Infrastructure Trust (LSEORIT) was floated on the London Stock Exchange, raising £350m.[4]

Octopus Ventures

Octopus Ventures is a venture capital fund with £1.2bn of funds under management. Notable Octopus Ventures investments include SwiftKey, Eve Sleep, Lovefilm, Graze, and Zoopla.[5]

Octopus Investments

Octopus Investments is an investment management company which operates a number of investment funds, with some structured as venture capital trusts. It was the first venture capital trust manager to pass £1bn of assets managed within its funds.[6]

Octopus Wealth

Octopus Wealth is a financial advice service launched in 2018. It aims to provide straightforward financial advice with a clear fee structure.[7][8]

Octopus Real Estate

Octopus Real Estate (formerly known as Octopus Property) provides finance for residential and commercial properties. It was formed in 2019 by the merger of two existing businesses, Octopus Property and Octopus Healthcare, and had £2bn of funds under management in 2019.[9]

References

  1. ^ Bounds, Andy (12 October 2016). "Octopus Group founders are EY UK Entrepreneurs of the Year". Financial Times. Retrieved 27 February 2020.
  2. ^ "About". Octopus Group. Retrieved 27 February 2020.
  3. ^ "About". Octopus Renewables. Retrieved 27 February 2020.
  4. ^ Thicknesse, Edward (6 December 2019). "New Octopus Renewables trust smashes target in £350m float". City A.M. Retrieved 27 February 2020.
  5. ^ "Portfolio". Octopus Ventures. Retrieved 27 February 2020.
  6. ^ Jones, Jonathan (19 February 2019). "Tax-shy investors pour £1bn into Octopus". The Times. Retrieved 27 February 2020.
  7. ^ Walmsley, Charles (19 December 2018). "Octopus launches restricted advice business". CityWire. Retrieved 27 February 2020.
  8. ^ "About". Octopus Wealth. Retrieved 27 February 2020.
  9. ^ "Octopus launches Octopus Real Estate with GBP2 billion FUM". Property Funds World. 8 May 2019.