Nicola Horlick wants to breathe new life into Bramdean Asset Management, her fund boutique, by launching a film development company that aims to draw on the skills of the producers behind such titles as Shutter Island, Pulp Fiction, Capote and Kill Bill.

The company, called Derby Street Films, has received preliminary approval to operate under the tax-efficient Enterprise Investment Scheme from HM Revenue & Customs. According to Horlick: "Derby Street films will carry low box office risk as developed projects will be sold to film producers with a film director and movie stars already in place." She will be chief executive of the new company, which is looking to raise £2m.