O’Sullivan’s new VC fund could raise $350 million

High net worth clients of Davy are being asked to part with a minimum of €100,000 for the fund

Businessman and television personality Sean O’Sullivan

A new venture capital fund being raised by Dragon’s Den star Sean O’Sullivan could raise as much as $350 million, according to documents sent out to potential investors and obtained by this newspaper.

The information memorandum, a teaser document designed to encourage high net worth individuals to back the fund, was compiled by stockbroker Davy for its private clients team.

According to the documents, the fund, which will be O’Sullivan’s fourth major investment ...