Nicolas Sarkozy “to move to London to set up €1bn private equity fund”

Former French President Nicolas Sarkozy could be planning to move to London with his wife Carla Bruni to set up a private equity fund and escape the threat of a top income tax rate of 75% in France, it was reported. If true, this would make the pair the highest profile Gallic celebrity couple in the City. According to French investigative website Mediapart, the ex-president has been planning to set up a private equity fund with the aim of raising 1 billion euros for months. The venture would seemingly be run with the help of French entrepreneur and political adviser Alain Minc

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