Blair Starts Investment Advisory Firm, Hires Bankers, Sunday Times Reports

Former U.K. Prime Minister Tony Blair started a company to offer investment services to funds and individuals, The Sunday Times reported, citing Financial Services Authority documents.

Firerush Ventures No. 3 is registered with the U.K.’s FSA and does business as Tony Blair Associates, the London-based newspaper said.

The company hired Mark Labovitch, who formerly worked at Dresdner Kleinwort, LongAcre Partners and Mesa Global, to be chief operating officer, the newspaper said. It also hired Varun Chandra, who worked in mergers and acquisitions at Lehman Brothers Holdings Inc., the newspaper said.

To contact the reporters on this story: Matthew Brown in London at mbrown42@bloomberg.net