Hugh Lenon Shifts Role at Phoenix Equity Partners
People | Jan 06, 2025 | Phoenix Equity Partners
Hugh Lenon, who co-founded Phoenix Equity Partners and has been instrumental in its growth over a three-decade career, stepped down as non-executive Chairman effective 1 January 2025. Under his leadership, Phoenix has evolved significantly, positioning itself strongly in the private equity sector. Despite stepping down, Hugh considers the firm to be in excellent health, crediting its success to the robust foundations laid during his tenure. He will continue to contribute to Phoenix as a Senior Adviser. The firm's current Managing Partners, David Burns and Richard Daw, expressed deep gratitude for Hugh's dedication and impact. Lenon has been part of Phoenix's journey, witnessing pivotal transformations and contributing as BVCA Chair in 2010/11. His role as Senior Adviser ensures his continued influence and guidance in strategic endeavors.
Sectors
- Private Equity
Geography
- United Kingdom – Phoenix Equity Partners is based in the UK, and the transition involves UK-based industry figures.
Industry
- Private Equity – The article discusses a leadership transition in a private equity firm, highlighting the firm's growth and trajectory in the industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hugh Lenon | Former non-executive Chairman, now Senior Adviser | Person | Co-founder of Phoenix Equity Partners, former Managing Partner and non-executive Chairman, continues as a Senior Adviser. |
| Phoenix Equity Partners | Private Equity Firm | Company | A leading UK-based private equity firm, co-founded by Hugh Lenon, with significant growth under his leadership. |
| David Burns | Managing Partner | Person | Current Managing Partner at Phoenix Equity Partners. |
| Richard Daw | Managing Partner | Person | Current Managing Partner at Phoenix Equity Partners. |