Select Page

Iconiq Capital, the multifamily office that has managed money for tech billionaires including Mark Zuckerberg, has formed a European entity as buoyant valuations propel the region’s startup scene.

Iconiq Capital (UK) was set up at the end of last year, according to Companies House filings. Iconiq founder Divesh Makan, a former Goldman Sachs Group Inc. banker, is the controlling shareholder of the London-based firm.

Makan co-founded Iconiq in 2011 and quickly assembled some of Silicon Valley’s most powerful people as clients, including Facebook Inc.’s Zuckerberg and Sheryl Sandberg as well as Twitter Inc.’s Jack Dorsey and LinkedIn co-founder Reid Hoffman. 

Read the full story on Bloomberg here