Tuesday, November 18, 2014





Who is Jerome Booth?

Exaro bills itself as 'holding power to account' at a time when mainstream media has lost its appetite for investigative journalism.

Apparently according to the Guardian

"Fleet Street has become an anachronism for the newspaper industry. The fear is that the media's capacity for investigative reporting, in an era of plunging revenues and an uncertain digital future, becomes similarly outmoded.
Mark Watts is on a mission to reverse this. The geographical bit he has already accomplished; his investigative news website, Exaro, is run out of offices in Fetter Lane, a stone's throw from Fleet Street's famous El Vino wine bar where the great and the good of the industry once gathered.
The second bit – generating enough paying subscribers for the site to break even within three years of launch – will be more difficult. Exaro – Latin for "plough" or "dig up" – is bankrolled by the millionaire investment fund manager Jerome Booth (worth a reputed £189m)Watts, a former journalist at the defunct Sunday Business, is editor-in-chief."
"Booth wants his money back and more. "He is someone who has invested in the business and is hoping at the end of the day to get a return on it," says Watts."


According to the Daily Mail
"City entrepreneur Jerome Booth, whose personal wealth is estimated at £190million, has paid £10million to take control of telecoms company New Call.

Booth has said he will use the group, which has about 750,000 residential customers in Britain, to go on an acquisition spree targeting 35 other British telecom tiddlers for possible takeover.

New Call owns Planet Talk and Rate Buster, a low cost international calls service, and is based in Burnley, London and New Delhi. It was founded in 2010 when chief executive Nigel Eastwood led a management buyout of the firm from its US parent. It expects revenue to exceed £20 million over the next 12 months.

Booth, formerly of fund manager Ashmore Group will become chairman of New Call." 
Website for this image: www.jeromebooth.co.uk

Jerome Booth, or Dr Jerome Booth, as he prefers to be called, is according to his own website, 
"a well-known economist, entrepreneur, investor, commentator and leading expert on emerging markets."


"He established New Sparta Limited in 2013, through which he manages his more active investments.  These include controlling interests in a number of companies in insurance, telecoms, film, journalism, and publishing."    SEE BELOW:

ABOUT

Feb 26th, 2014
Picture of Dr Jerome Booth
Dr Jerome Booth
Dr Jerome Booth is a well-known economist, entrepreneur, investor, commentator and leading expert on emerging markets.
He established New Sparta Limited in 2013, through which he manages his more active investments.  These include controlling interests in a number of companies in insurance, telecoms, film, journalism, and publishing. These companies are CBC UK, New Call Telecom, ExaroNews, Walpole Holdings, New Sparta Films, Icon Film Distribution UK and IO Entertainment.
In 2013 he retired from Ashmore Group, a world leading emerging markets asset management group he helped establish in 1999 in a Management Buy-Out from ANZ Bank.  Prior to ANZ he worked in the Strategic Planning unit of the Inter-American Development Bank from 1991-4 in Washington, D.C.  Appointments before that include Lecturer in Economics at Christ Church, Oxford, a consultancy business advising on aid issues, and a position in the mid-1980s in her Majesty’s Department of Trade and Industry.
Jerome has a D.Phil and an M.Phil in Economics from Oxford University as well as a B.Sc in Geography from Bristol University.  He was more recently (2008) awarded an Honorary Doctorate in Business Administration (D.B.A.) from Anglia Ruskin University.

Non-Executive Roles/Other Interests

Jerome Booth

Chairman at New Sparta
London, United Kingdom
Current
  1. New Sparta
  2. Cass Business School
Previous
  1. Ashmore
  2. ANZ
  3. Inter-American Development Bank
Education
  1. University of Oxford










Summary

I was part of the MBO establishing Ashmore in 1999 and retired from Ashmore in May 2013 and established New Sparta.

Through New Sparta I manage a number of investments, I am the principal shareholder and Chairman of the UK phone company New Call Telecom, Chairman of the investigative news journalism company ExaroNews and Chairman of Walpole Publishing which produces Moving On magazine for school-leavers. The Walpole Shareholders have also recently established Walpole Digital Media, buying the brand Appa'doodle, have bought Notgoingtouni and Vocendi.

I also have an interest in the film industry and am Chairman of New Sparta Films, a film development, production and financing company, I bought Icon Film Distribution UK at the end of 2013 and helped set-up IO Entertainment which specialises in visual story development and previsualisation, bridging the gap between traditional visual development and the latest cutting-edge CG visualisation techniques. I am also the principal shareholder of the Lloyds Insurance Broker, CBC UK Ltd.

I am Vice Chairman of Anglia Ruskin University and a Visiting Professor at Cass Business school.

I recently published my book entitled: "Emerging Markets in an Upside Down World: Challenging Perceptions in Investment and Asset Allocation

I am also a keen supporter of the arts and am the Chairman of the Fitzwilliam Museum Development Trust; Deputy Chairman of the Britten Sinfonia; and a Council Member of the Royal Philharmonic Society.

Experience


Chairman

New Sparta
 – Present (1 year 4 months)

Visiting Professor

Cass Business School
 – Present (2 years)
Visiting Professor in the practice of investment management in the Faculty of Finance

Head of Research

Ashmore
 –  (14 years)

Head of Research

ANZ
 –  (5 years)

Strategic Planning Officer/ Senior Strategic Planning Officer

Inter-American Development Bank
 –  (3 years)Washington

Lecturer in Economics at Christ Church

University of Oxford
 –  (1 year)Oxford

Executive Officer

Her Majesty's Department of Trade and Industry
 –  (2 years)

THIS VIDEO FOUND HERE: https://www.youtube.com/watch?v=LckL-eufErM&noredirect=1MR BOOTH, SORRY DR JEROME BOOTH, EXPLAINS TO US THAT THE 'SET-UP' LOOKS BLEAK...THAT IS THE ECONOMIC 'SET-UP' IN THE WEST --- NOT ANY OTHER 'SET-UP' IF YOU GET ME ;-)

IT'S ALL VERY PLAUSIBLE BUT WHY 'NEW SPARTA'? WHAT IS THIS OBSESSION WITH CLASSICAL GREECE?


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