Former UK Prime Minister David Cameron has taken up a part-time, paid advisory role at Finback Investment Partners, a private equity firm founded and chaired by Jeb Bush, the ex-governor of Florida and brother of former U.S. President George W. Bush.
The UK government’s Advisory Committee on Business Appointments (ACOBA) disclosed on Wednesday that Cameron has joined Finback’s leadership advisory council, where he will provide strategic advice to enhance the firm’s expertise and network.
Finback, established in 2017, manages over $800 million in assets and has invested in industries such as insurance brokerage, data centers, and software development. ACOBA noted that Cameron had no prior interactions with Finback during his tenure in government and that his role would not involve contact with UK officials. However, it acknowledged that there was still a “limited risk” that his recent government experience and connections could be perceived as influential.
Cameron, who served as UK Prime Minister from 2010 to 2016 before resigning following the Brexit referendum, returned to government in November 2023 as Foreign Secretary under Rishi Sunak. His tenure ended when the Conservative Party lost power in July.
This is not Cameron’s first foray into private sector advisory roles. Since leaving office, he has also joined London-based hedge fund Caxton and Florida-based freight payments firm PayCargo. His post-political career has been scrutinized in the past, particularly his involvement with the now-collapsed Greensill Capital, where he was criticized by MPs for his lobbying efforts to secure government access during the Covid-19 pandemic.
