Looking to the regions
With a regional office in Leeds headed up by partner Phil Greves, Elysian is looking to have feet on the ground to generate proprietary deal flow in the Midlands and North of England. This is a critical part of the Elysian plan, and the firm will look to expand this presence. Regionally the firm has the same approach as it does in London, with no specific sector focus and a generalist approach to investing. Phil Greves has contacts in the distinct established financial and business communities of Birmingham, Manchester, Leeds and Newcastle.
‘We have contacts across a broad spectrum of businesses in the north, and not just amongst advisers and banks, but the wider financial community, and amongst managers and owners of businesses across the regions,’ says Phil Greves. ‘Our job certainly does not just rely on advisers. It is at least as much about contacts in businesses themselves and to that end it is imperative we are here. There are quite distinct substantial centres here – all very well developed and very well served by their local financial communities. A lot of deals and a lot of big deals are done that do not touch London. The markets are independent established stand alone communities, perfectly capable of doing the deals we at Elysian want to do.’
‘Some of the most successful entrepreneurs in this country are based north of the Wash,’ says Dr Chai Patel. ‘And if we don’t have a presence there we are missing out on some of the most dynamic businesses in the UK.’
