Sir Martin ##rrell has raised £ ##50 million ( $ 132 m ) in funding for his new marketing venture capital Capital . he , who recently had a acrimonious departure from WPP , is seeking to build a challenger global business specialising in technology , data and content . The money has been boosted by another £ 50 m in debt funding . Sorrell also contributed £ 40 m of his own money into the business , with an additional £ 11 m from other investors who say the former WPP CEO is not yet ready for retirement .
Sir Martin Sorrell has raised £100m ($132m) in funding for his new marketing venture S4 Capital. Sorrell, who recently had a acrimonious departure from WPP, is seeking to build a challenger marketing company specialising in technology, data and content. The money has been boosted by another £50m in debt funding. Sorrell also contributed £40m of his own money into the business, with an additional £11m from other investors who say the former WPP CEO is not yet ready for retirement.