Sorrell (junior) back on the acquisition trail

I see Jonathan Sorrell, the son of WPP boss Sir Martin Sorrell, is up to his old tricks again.

Some readers might not recall that Jonathan Sorrell used to work at Goldman Sachs as a corporate financier. In the latter stages of his investment banking career, he was responsible for running Petershill - an investment fund that was set up in 2007 by Goldman Sachs to buy stakes in booming hedge fund management companies.