The Business On... Simon Borrows, Chairman, Greenhill


Do I know him?

Not necessarily (his public profile is not high) but everyone in the City does. He's the man who turned Greenhill, once a small, specialist US-based investment bank, into a major player in Europe's M&A market.



So what deal is he chasing now?

He's not. Some 13 years after joining Greenhill, having been personally recruited by its founder Bob Greenhill, he is leaving. Mr Borrows is to become chief investment officer at 3i, the private equity and venture capital investor.



Is that a promotion?

Well, 3i is a FTSE 100-listed company rather than a privately-owned bank, so in that sense, yes. Still, the job will be a challenge – the company's performance this year has been lacklustre, to say the least, with some shareholders increasingly unhappy about the management. Mr Borrows is effectively being brought in to turn things around.



Can he do it?

If his track record is anything to go by, yes. When Mr Borrows left ING Barings in 1998, no one gave him a chance of turning Greenhill into an important name in the City, but he has pulled it off.



Does he know 3i?

He should do. In his role at Greenhill, he has worked as an adviser to the company for many years. Anyway, he will be able to draw on a breadth of experience from having worked on a string of important deals.



Like which?

Like the sale of EMI to Terra Firma, for example, a transaction that ultimately saw Mr Borrows give evidence in court during the battle between Terra Firma's boss, Guy Hands, and Citigroup. Mr Borrows's testimony made it clear that the Citigroup banker David Wormsley had not known a rival bidder for EMI had pulled out of the auction. That did not help Mr Hands who was suing Citigroup for having kept this information from him.



Anything else we should know?

Mr Borrows has an MBA from the London Business School and is a talented golfer.

Suggested Topics
Start your day with The Independent, sign up for daily news emails
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs People

Recruitment Genius: Office Manager

Negotiable: Recruitment Genius: Have you been doing a brilliant job in an admi...

Surrey County Council: Senior Project Officer (Fixed Term to Feb 2019)

£26,498 - £31,556: Surrey County Council: We are looking for an outgoing, conf...

Recruitment Genius: Interim Head of HR

£50000 - £60000 per annum: Recruitment Genius: Are you an innovative, senior H...

Recruitment Genius: Human Resources and Payroll Administrator

£20000 - £22000 per annum: Recruitment Genius: Our client, a very well respect...

Day In a Page

HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower