His career spans mid-market buy-outs, growth capital, early-stage ventures, commercial real estate development and building his own business. He began at 3i before joining HSBC Private Equity in 1995, co-leading its 2002 management buy-out to form Montagu Private Equity. Montagu focused on transactions of GBP£50m–£250m and, by 2005, managed over GBP£3 billion, delivering +30% IRRs over a decade. In 2006, Phil co-founded Fusion Capital, now one of East Africa’s leading real estate developers and fund managers, where he remains Chairman and largest shareholder.

Phil has advised several private equity firms, including Vespa Capital and Waterland PE, and is a trustee of children’s charity Kibera Kids. He holds a Masters from Oxford University and a Doctorate from Manchester University.