Chance to pitch to Andy Murray as Scottish sporting icon becomes investor
The tennis champion will help find purpose-driven founders and businesses that match his values to invest in.
Scottish tennis icon Sir Andy Murray is stepping further into the world of business, joining Redrice Ventures as an Associate Partner in a move that could see entrepreneurs pitching their ideas directly to the former Wimbledon champion.
The Olympic gold medallist and three-time Grand Slam winner has already made waves in the investment world, having built a portfolio of more than 40 ventures across wellness, technology, hospitality and sport.
Now, he's taking on a more hands-on role with the London-based venture capital firm Redrice Ventures, Scottish Daily Express reports. Murray's connection with Redrice dates back to 2018, when he partnered with the firm to co-invest in premium sportswear brand Castore, which is now valued at $1billion.
Tom March, founder of Redrice Ventures, shared the news of Murray's appointment on LinkedIn, hailing the move as a reflection of the changing landscape of modern entrepreneurship.
'Proud to share that Andy Murray has joined Redrice Ventures as an associate partner,' he said. 'We've known Andy for a while, we first teamed up back in 2018 when we co-invested in Castore (now valued at $1bn).
"It's been great to see how much we align when it comes to backing founders with purpose and building brands that actually mean something.'
March praised the tennis star's approach to investment, adding: 'Andy's not just a legend on the court, he's built an impressive 40-plus portfolio of quality investments across wellness, tech, hospitality, and sport.
"What stands out is how intentional he is about the businesses he supports, it's never just about the numbers. He's totally committed to leveraging his network to provide support.'
He continued: 'This partnership also says something about where the world is heading. Athletes today aren't just athletes.
"They're entrepreneurs, cultural leaders, wellness advocates and they're helping shape how people live, work, and think. Wellness isn't a side topic anymore; it's become a cultural filter for how everyday decisions get made. Andy really gets that.'
March said Murray would play a key role in the company's current and future funds, and encouraged founders to get in touch.
He said: 'For both our current and future Redrice funds, we're so excited to have him involved, not just for his experience, but for what he stands for, and his real drive to back businesses that matter.
'Plenty more to come, watch this space. And if you're building something special at seed or Series A, or just want to hear about our future plans, feel free to reach out.'
Join the Daily Record WhatsApp community!
Get the latest news sent straight to your messages by joining our WhatsApp community today.
You'll receive daily updates on breaking news as well as the top headlines across Scotland.
No one will be able to see who is signed up and no one can send messages except the Daily Record team.
All you have to do is click here if you're on mobile, select 'Join Community' and you're in!
If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'.
We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like.
To leave our community click on the name at the top of your screen and choose 'exit group'.
If you're curious, you can read our Privacy Notice.
Murray said his mindset as a professional athlete has helped shape his approach to investment. 'My tennis career taught me the importance of discipline, resilience, and strategic thinking,' he said.
'And for the past few years, I've channelled this mindset into investing, where possible focusing on British businesses that have the potential to create lasting impact and positive change. I've backed over 40 ventures in sectors from technology to fitness, hospitality to wellness.
'As an investor, I'm driven by the same principles that guided my tennis career, the pursuit of excellence, the importance of teamwork, and the belief that success is achieved through smart decisions and long-term vision.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Glasgow Times
7 minutes ago
- Glasgow Times
Japan ambassador tries Irn-Bru on visit to whisky distillery
His Excellency Hiroshi Suzuki – as he is styled – toured the Auchentoshan Distillery in Clydebank with First Minister John Swinney as the two discussed trade, including Scotland's national drink. But during his first visit to Scotland, he tried the nation's other national drink. Suzuki had tried Irn-Bru earlier during his visit but some Scots had urged him to taste the original 1901 recipe, which was phased out following the sugar tax. READ MORE: Man reunited with father's wartime documents found hidden in desk Handed a can by press, the Japanese ambassador said he was a big fan. 'It was fantastic,' he said. 'In my life, I have never had it before, but it was just, just great.' After taking a gulp of the older recipe Irn-Bru, he added: 'It is just great,' while giving it a thumbs up. The ambassador has become well-known online for trying different foods around the UK. A picture posted on Twitter/X of Suzuki trying a teacake gained more than 46,000 likes, while his video of eating haggis gained more than 800,000 views on the platform. Following a tour of the Auchentoshan Distillery, which is owned by the Japanese whisky firm Suntory, Suzuki said Japanese people loved Scottish whisky. He said Scotland was a 'very important' trading partner for Japan, adding: 'Japanese people love things like Scotch whisky, Scottish salmon, and recently, mackerel has been a great success. 'For the last couple of years, the export of mackerel from Scotland to Japan grew 10 times.' READ MORE: See inside the 2025 Scotland's Home of the Year finalists Suzuki said he 'hoped' trade between Scotland and Japan would continue to grow. The diplomat took part in a whisky tasting session with the First Minister, trying three drams. Swinney said that Auchentoshan Distillery was an 'excellent example' of the partnership between Scotland and Japan. He said: 'It's been my pleasure over the last couple of days to host a visit from the Japanese ambassador to Scotland. 'We've been using our time to cement links and connections between Scotland and Japan, and particularly yesterday, to engage with Japanese businesspeople who are investing in Scotland and who recognise Scotland as an attractive destination for investment, particularly in renewable energy, but also in life sciences, and as we see from our visit here today, in the whisky industry as well.'
The Independent
38 minutes ago
- The Independent
NatWest: Key dates in the bank's history from rescue to privatisation
NatWest has returned to private ownership after the Government sold its remaining shares in the bank. The banking group – which was previously called RBS – was rescued during the 2008 financial crisis with payments worth £45.5 billion, which led to it become part-owned by taxpayers. The Treasury has been rapidly selling down its shareholding over the past 18 months, whittling it down to zero and meaning the bank is once again in private hands. Here's a timeline with key dates from the bailout of NatWest through to its return to privatisation on Friday. 2000: RBS Group bought NatWest for £21 billion which, at the time, was the largest in British banking history. The combined group operated a number of separate banking brands, including the Royal Bank of Scotland, NatWest and Ulster Bank. 2007: RBS was part of a consortium that acquired the Dutch bank ABN AMRO. This decision, which propelled the group into investment banking and sapped its capital levels, proved to be destructive for RBS. The takeover was ultimately found to have taken place with 'inadequate due diligence' and was one of the key reasons why it was on the brink of collapse the following year. 2008: The Government makes a capital payment worth £20 billion to RBS. Then-prime minister Gordon Brown and chancellor Alistair Darling engineered the rescue after being warned the bank was facing imminent collapse and could run out of cash in a matter of hours. It was the fallout of the financial crash, combined with its structural weaknesses, which triggered a major bank run and pushed it to the brink of failure. Chief executive Fred Goodwin, who was in charge of the bank for nine years, stepped down the same month and was replaced by Stephen Hester. He had been nicknamed 'Fred the Shred' for his aggressive management style that oversaw thousands of job cuts at NatWest after it was taken over by the RBS at the turn of the century. He was later stripped of his knighthood. 2009: February: RBS unveiled its largest annual loss in the bank's history – an operating pre-tax loss of £40.7 billion. April: The Government's stake in NatWest increased to 70.3%. December: The Government injected another £25.5 billion into RBS, taking its shareholding to 84.4%, where it peaked. 2013: Ross McEwan stepped in as chief executive after a five-year tenure for Mr Hester. 2015: The first sale of Government-owned shares took place. 2018: RBS announced its first bottom-line profit in a decade, of £752 million. A second sale of shares of £2.5 billion took place. 2019: Dame Alison Rose took over as chief executive of the group – the first woman to lead a major UK high street bank. 2020: Under Dame Alison's leadership, RBS changed its name to NatWest Group, saying it was the right time to align the group name with the brand under which it does the majority of its business. NatWest represented about 80% of its customer base at the time. 2023: Dame Alison was forced to step down as the NatWest's chief executive in the wake of the debanking scandal, when she admitted being the source of an inaccurate story about politician Nigel Farage's finances in relation to his account with the group's subsidiary Coutts. She was replaced by Paul Thwaite, the bank's former chief executive of commercial and institutional business. 2024: March: The Government's stake in NatWest dropped below 30%, meaning it was no longer classed as being a controlling shareholder. July: The Treasury began accelerating the sale process and its shareholding dropped below 20%. December: The Treasury's shareholding fell below 10%. May: The Government sells its remaining shares in NatWest, returning it to private ownership for the first time since 2008. The Treasury confirmed that the sale came at a £10.5 billion loss to the UK taxpayer. But Chancellor Rachel Reeves said the bailout was 'the right decision then to secure the economy'.
The National
an hour ago
- The National
Dundee travel firm to auction off 10 buses after closing
The Dundee-based coach company, Fisher Tours, announced last week it would cease operating, with more than 20 staff members being made redundant. It has been reported that no formal liquidator or administrator has been named, and that drivers and mechanics with the now closed firm are still waiting for answers regarding unpaid wages, holiday entitlement, and redundancy settlements. Fishers Tours has now put 10 of its coaches on the auction website Sweeney Kincaid, which is due to go live in June. READ MORE: Labour has 'given up' on by-election amid SNP-Reform contest, says John Swinney Last Monday, drivers and mechanics were reportedly 'stunned' after they were informed that the company would cease trading on Friday, the same week. Fishers Tours had several long-standing contracts with local councils, including transportation agreements to take pupils to and from schools in Dundee and Angus, and is one of the biggest private coach hire companies in the area. According to The Courier, former staff at the firm were told pension payments had allegedly not been made by Fishers since the beginning of the year and that they were still waiting for answers regarding the company's liquidation. 'We're all still in limbo,' one driver told The Courier. 'We left on Friday with no paperwork and no replies to any of our emails asking for the information we need. 'This includes who the administrators are, what will happen to holidays and wages due, a letter of redundancy confirmation or pensions information. 'There are no case numbers yet, to apply for money owed. We were told there would be administrators by Tuesday morning. This hasn't happened. 'Now there are more than 20 lads all panicking. It's an absolute joke. 'All the buses were removed from the yard on Monday. 'How long do we have to wait? It's an absolute shambles.'
