Former Future Fund trio sets up boutique

Steve Byrom
STEVE BYROM
Potentum Partners - Founder
APPOINTMENT
POTENTUM PARTNERS
Date: December 2018
Position: Founder

Three former members of the Future Fund's private equity team, including private equity head Steve Byrom, have launched a new consultancy and investment firm, Potentum Partners, effective December 2018.

In an interview with Private Equity International, Byrom said of the team, which includes investment director, Jasmina Osmanovic and director, David Simons: "The three of us feel we've done something different in how we've approached private equity investing as an LP and we feel we've built Future Fund a differentiated but very successful PE program."

He added: "We'd like to take what we've learned and our differentiated approach to PE investing and help other large institutions deal with the problems they face and try to do PE at scale."

Potentum plans to be a global firm, Byrom said in the interview, with Simons set to relocate to New York during the middle of next year and either Byrom or Osmanovic set to move to Europe should the need arise.