Former UK Prime Minister David Cameron has taken on a part-time advisory role at Finback Investment Partners, the private equity firm founded and chaired by Jeb Bush, the ex-Florida governor and brother of former US President George W Bush, according to a report by the Financial Times.
Cameron’s appointment was disclosed by the UK government’s Advisory Committee on Business Appointments (ACOBA), which noted that his role will focus on providing strategic advice to enhance Finback’s expertise and network.
Since leaving office in July 2024, following the Conservative Party’s general election defeat, Cameron has actively pursued private sector advisory roles. In addition to his new position at Finback, he has rejoined hedge fund Caxton Associates and Florida-based freight payments firm PayCargo in similar capacities.
Finback, established in 2017, manages over $800m in assets and has investments across insurance brokerages, data centrees, and software companies, according to US regulatory filings.
ACOBA stated that Cameron did not engage with Finback while serving as UK Foreign Secretary from November 2023 to July 2024 and that his new position does not involve interactions with the UK government. However, the watchdog acknowledged the potential perception risk that he could leverage private sector and foreign government contacts from his time in office.
Cameron and Finback have not publicly commented on the appointment.