Nicola Horlick read Jurisprudence at Balliol College, Oxford. In 1983, she joined S.G. Warburg as a graduate trainee. She worked with Leonard Licht, one of the leading fund managers in the City during the 1980s, and together, they built up the Specialist Equity team of what became Mercury Asset Management, and Nicola was appointed a director of Mercury in 1989. In 1991, Nicola moved to Morgan Grenfell Asset Management and she was appointed Managing Director of the UK business in 1992. Over the following five years, funds under management increased from £4 billion to £22 billion and Morgan Grenfell became recognised as one of the leading managers of UK pension funds. In 2004, Nicola set up Bramdean Asset Management LLP with Sir Derek Higgs and the business was launched at the beginning of 2005. Bramdean continues to create and structure innovative new investment vehicles, primarily for the film industry.