Fund Manager’s Diary

Tuesday I walk across Hyde Park to my office in Upper Grosvenor Street and from there to Piccadilly for a meeting with a firm of financial advisers to discuss our recently launched venture capital trust. After a quick lunch with my husband, John Glencross, who is chief executive, and Malcolm Thomson, another director, it is a full afternoon, including a presentation by a company providing services to the insurance industry. We like the support services sector: it is stable and showing good growth. In the evening, I attend a preview of the Joseph Szabo exhibition at the Michael Hoppen Gallery.

Wednesday After 30 minutes of Pilates, I walk to work. My first meeting is with a firm of financial advisers to discuss our VCT and our Enterprise Investment Scheme fund. Later, Philip Stephens, chairman of our VCT, arrives for an update. This is followed by a meeting with a potential investor. Lunch is a five-minute walk to my favourite Japanese restaurant. I lived in Tokyo in the mid-1980s and it is a replica of the 12-seater sushi bars one finds all over Tokyo. No more details as it is already too crowded. In the afternoon, I have a meeting with a marketing services company seeking to raise £3m to finance an acquisition.

Thursday It is a sunny day with a clear blue sky. Spend the morning dealing with paperwork and telephone calls. I have a lunch in Waterloo with an investor who recently retired as MD of a City fund management company. I am concerned about his choice of restaurant as Harden’s describes it as having “lousy service and poor food”, but it is actually good. After lunch, I meet the investment bank handling a pre-IPO funding round for one of the companies in our portfolio. At 7pm, I am at the National Theatre to see Lorca’s The House of Bernarda Alba. Dinner is booked for after the play, so I survive on nuts, olives and wine.

Friday The morning is spent clearing documentation relating to the pre-IPO placing. This is interrupted by a visit from an investee company, which floated last year. The share price has performed well and the meeting is upbeat. I have a long-standing lunch arrangement with a girlfriend and we visit the Turner, Whistler, Monet exhibition at Tate Britain. At 3pm, I meet with the London office of a US firm of wealth managers to discuss a number of joint venture possibilities. We sign off the last points on the pre-IPO placing documentation at 6.30pm. I have a quiet supper with my husband and unwind by reading the Evening Standard magazine (bliss!).

Saturday I visit the Farmers’ Market in Notting Hill, and then walk to my ballet class in South Kensington. I am terrible, but I persevere. Lunch with a girlfriend is postponed as she has to deal with some teenage daughter angst. In the evening, I see Tynan, the one-man show with Corin Redgrave, at the Arts Theatre with my husband and friends.

Sunday A quiet day of walking with friends in Hyde Park, cooking and reading the Sunday papers. I catch up on paperwork that has built up over the week.

Monday At the gym at 6.30am, then fly to Manchester for a board meeting. I slip in a meeting with a firm of financial advisers beforehand. We have had a long relationship with them and the meeting goes well. At 6.50pm I catch the return flight to London. Tonight is a quiet night in on my own as my husband is attending a dinner of directors of one of the companies in our portfolio. I finish reading the papers.