The Groucho Club has changed hands in an estimated £40m deal.
The Soho private members’ club, patronised by the arts and media crowd, was founded in 1985. It has now been sold to Artfarm, a hospitality venture run by Ewan Venters, a former chief executive of Fortnum & Mason.
The vendor was Alcuin Capital Partners, the private equity firm that co-owns Caffè Nero. It bought the club in 2015 from Graphite Capital.
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