Octopus Group | |
Formerly | Octopus Capital plc (2000–2006) [1] |
Company type | Private |
Industry | Conglomerate |
Founded | April 19, 2000 in London, England [2] |
Founders |
|
Headquarters | London |
Key people | Simon Rogerson (CEO) |
AUM | £12.6bn (2022) |
Website | octopusgroup |
Octopus Capital Limited, [1] trading as Octopus Group, is a privately held United Kingdom based 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. [3] [4]
As of December 2019, Octopus Group has more than 1.5 million customers and manages more than £12bn on behalf of its investors.
Octopus Energy was established in 2015 as a retail electricity and gas supplier in the UK, and by December 2019, had over 1.35 million domestic and business customers. Under the Octopus Energy Group brand, it has expanded into energy for business and energy services, and licences its customer handling software to other energy suppliers. [5]
Octopus Energy Generation owns and manages renewable energy production, particularly in solar and onshore wind. According to its own website, it is one of the largest owners of renewable energy infrastructure in Europe, with £3bn of assets under management. [6] Previously a separate entity within Octopus Group, the company was acquired by Octopus Energy in July 2021. [7] Octopus Energy Generation is the manager of Octopus Renewables Infrastructure Trust, [8] an investment fund which was floated on the London Stock Exchange in December 2019. [9]
Octopus Inheritance Tax Service provides investors a possibility to purchase shares of one or more unquoted UK companies that are contributing to the UK economy growth. Notable investments include Fern Trading Ltd., [10] a £2.8 billion trading company with a concentration on short-term loans to seasoned real estate professionals, as well as the development and management of fiber broadband in underserved areas. In 2020, Vorboss was added to Fern's portfolio of UK broadband network builders, getting £250m in funding. [11] [12]
Octopus Money was launched in 2023 to offer money coaching and advice to consumers, often through the individual's employer. [13] [14] The business is run by Ruth Handcock, who joined Octopus Investments from Tandem Bank in 2018. [13] The launch of the brand followed the purchase of Hatch Financial Coaching in 2021, [13] and replaced Octopus Wealth, a financial advice business announced in 2018. [15]
Octopus Investments is an investment management company which manages a number of investment funds, with some structured as venture capital trusts (VCTs). In 2019, Octopus Investments was the first VCT manager to exceed £1bn of assets managed within its funds. [16] One VTC – Octopus Future Generations VCT – invests in businesses that are helping to build a sustainable planet, empower people, or revitalize healthcare. [17]
Octopus Ventures is a venture capital fund with £1.2bn of funds under management. Notable Octopus Ventures investments include SwiftKey, Eve Sleep, ManyPets (formerly known as Bought By Many), LoveFilm, Graze, and Zoopla. [18]
Octopus Real Estate (formerly known as Octopus Property) provides finance and investment for care homes, retirement villages, affordable housing, and residential & 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. [19]
Octopus Legacy provides services for people to plan for their death (will writing, life insurance, power of attorney) as well as probate and deceased estate management. [20] The business was founded as Guardian Angel in 2016 by Sam Grice, and Octopus Investments acquired a majority stake in 2022. [21]
The Carlyle Group Inc. is an American multinational private equity, alternative asset management and financial services corporation based in the United States with $426 billion of assets under management. It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world. In 2015, Carlyle was the world's largest private equity firm by capital raised over the previous five years, according to the PEI 300 index. In the 2024 ranking however, it had slipped to sixth place.
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Graphite Capital is a private equity firm focused on mid-market leveraged buyout investments, primarily in the UK. The group manages around £1.2 billion for institutional investors, with the most recent fund raising over £500 million in 2018. Since 1991, the firm has backed almost 100 management teams through various investments.
Intermediate Capital Group is a private equity investment firm focused on providing capital to help companies grow through private and public markets and provides a number of strategies and funds aimed at institutional investors. It is headquartered in London, England, with offices in a further 16 countries, and is a constituent of the FTSE 100 Index.
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Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors. GIP employs approximately 150 investment and operational professionals and has offices in New York, London, Stamford, Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. In total as of 2023, its portfolio companies employ approximately 100,000 people, according to the company website.
Libra Group is a privately held international holding company operating in a variety of industries. Its 20 operating entities include businesses across six continents, in six sectors: Aerospace, renewable energy, hotels and hospitality services, real estate, maritime, and diversified investments.
Aquila Capital is an investment management company with headquarters in Hamburg, Germany. It was founded in 2001 by Roman Rosslenbroich and Dieter Rentsch. Aquila Capital focuses on real assets and sustainable investments. The company manages more than €14.7 billion for institutional investors and is among Europe’s leading investment companies in climate change mitigation.
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Bulb Energy Ltd., trading as Bulb, was an energy supply company in the United Kingdom acquired by Octopus Energy in 2022. Founded in 2013, the company attracted venture capital from DST Global and Magnetar Capital and ran at a financial loss while achieving rapid growth in customers. Bulb claimed to provide electricity and gas from renewable or off-set sources. As of November 2021, it had a share of approximately 5-6% of the UK energy market and was considered the seventh largest in the country.
Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Headquartered in London, the company has operations in the United Kingdom, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. Octopus is the UK's largest supplier of electricity to domestic customers, and the second largest in domestic gas.
Octopus Renewables Infrastructure Trust (ORIT) is a British investment trust which invests in renewable electricity generation assets in countries in Europe and Australia. It floated on the London Stock Exchange in December 2019, raising £350m.
Vorboss is a company owned by Fern Trading Ltd, headquartered in Broadgate, London, England. The company provides communications infrastructure services, including fiber and bandwidth connectivity to business customers. It was established in 2006 by Tim Creswick.