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DSG appoints Pegley

DSG Venture Consulting, a sister company of Greenhouse Ventures Limited, has appointed Alex Pegley as CEO in its run-up to becoming FSA regulated and raising a GBP50 million fund. The main aim of the new fund will be to invest in corporate spinouts.

Pegley was previously COO of e-capital investments, responsible for GBP20 million of proprietary funds. Prior to that, he spent eight years developing international strategic and commercial expertise for The Olivetti Group’s financial services division. He was then recruited by Oracle Corporation to manage the UK financing division, where he was responsible for around GBP500,000 of funds, focused on business start-ups.