# IPGL

IPGL is a Single Family Office based in London, United Kingdom.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1986
- **Assets under management:** 1.4B (Altss estimate)
- **Website:** ipgl.co.uk
- **LinkedIn:** https://www.linkedin.com/company/ipgl

## Regulatory record

- **Reports private funds:** No

## About

IPGL was established in 1986 by Michael Spencer. The firm manages the proceeds from his sale of ICAP to CME Group and the later exit of NEX Group. Capital deploys into venture and growth equity, private credit, and real assets. Allocations span FinTech, ClimateTech, and AgriTech & FoodTech. Geographic reach covers Europe, Africa, North America, and Asia. Structures include direct co-investments, SPVs, and fund-of-funds commitments. The office maintains properties in Kenya and the United Kingdom plus an aviation fleet and art collection. Seth Johnson serves as CEO. Michael Spencer's son Patrick Spencer sits in Parliament.

## Sectors

- FinTech
- InsurTech
- ClimateTech
- Energy Transition & Renewables
- AgriTech & FoodTech
- Luxury
- Digital Health
- Data Analytics
- GovTech
- Gaming

## People

- Michael Spencer — Founder and Chairman
- Seth Johnson — CEO

## Questions

### Who runs investment decisions at IPGL?

Michael Spencer serves as Founder and Chairman. Seth Johnson acts as CEO and oversees day-to-day operations.

### Does IPGL participate in fund commitments or only direct deals?

The office uses both fund commitments and direct co-investments through SPVs.

### What investment stages does IPGL typically target?

Allocations focus on seed, venture, and growth stages.

### How is IPGL related to Borana Conservancy?

IPGL holds Sirai House on the conservancy in Laikipia County, Kenya, and supports the Borana Conservation Trust.

## Related profiles

- [Lu Hua Dao Sheng Capital](https://altss.com/profile/lu-hua-dao-sheng-capital)
- [Heron Bay Capital Management](https://altss.com/profile/heron-bay-capital-management)

---

Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/ipgl

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology