Jacob Rothschild Names Kestenbaum to Head His Five Arrows Group, FT Says

Jacob Rothschild, a U.K. investor and philanthropist, named Jonathan Kestenbaum, 49, to succeed him as chairman and chief executive officer of Five Arrows Ltd., his family investment company, the Financial Times reported.

Kestenbaum is currently the CEO of the National Endowment for Science, Technology and the Arts, a publicly owned body charged with investing a 200 million-pound ($477 million) endowment in promising technology companies, the newspaper said.

To contact the reporter on this story: Alan Purkiss in London on apurkiss@bloomberg.net.

To contact the editor responsible for this story: Colin Keatinge in London at ckeatinge@bloomberg.net.

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