After more than 23 years as Managing Director, and then Managing Partner of Albion Capital, Patrick Reeve has become Chairman of the business in a newly created role, with Will Fraser-Allen moving to Managing Partner, and Andrew Elder becoming Deputy Managing Partner.

From April, Patrick Reeve will chair the Albion and OLIM boards and continue to be involved in directing the strategy of the business, whilst maintaining key relationships across the Albion Capital VCT range, Albion Community Power and the UCL Technology Fund. Patrick joined Close Brothers in 1989, established Close Ventures in 1996 and led a management buyout in 2009, forming Albion Capital. Under his leadership the business has grown to manage more than £1bn of assets, ranging from the earliest stage digital businesses to mid and large-cap equities.

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