Who we are

Seneca Partners is an Investment Management and Corporate Advisory services group which specialises in the SME sector, dealing with UK based companies in the turnover range of up to £100 million per annum.

Seneca was formed by a senior group of accountants, bankers, stockbrokers and investment and fund management specialists to provide services for high net worth and high earning individuals, entrepreneurs, companies , charities and trusts.

Our long standing pedigree and expertise is used to create income and growth investment opportunities for our investors , delivering returns by the astute deployment of debt and equity solutions to UK businesses.

We mobilise hard earned capital to support management teams and create value for shareholders.


It's what we do

The Group has grown steadily both organically and by selective acquisition and currently has assets under management in excess of £0.5bn. The Group is also advising corporates with more than £4bn of debt on the complex issues arising from the mis selling of interest rate hedging instruments by banks.

The investment management activities are provided in a range of asset classes including private equity, secured income, property bridging finance, turnaround & special situations and growth capital in a mix of senior debt, mezzanine finance and equity. We also act as investment adviser on the Seneca EIS Portfolio Service investing in profitable, growing UK companies and an IHT Service via Seneca Secured Lending Ltd, a BPR qualifying company whose trading activity is the provision of short and medium term secured loans.

Together we are seneca


Meet the Team

The knowledge, experience and pedigree of our people combined with the range of our professional contacts and network are key to providing our clients and investors with services of the highest quality.

The selection of senior Seneca personnel included below are, as you would expect, supported and enhanced by the wider Seneca team members. Please click here for further details of the Seneca Team.

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Richard Manley

Richard Manley is a founding Director of Seneca Partners. He was named Managing Partner in 2016. He qualified as a chartered accountant with KPMG in 2003. He worked for KPMG for over 5 years, initially in their audit business and latterly in their corporate recovery division working on financial and operational restructurings and formal insolvencies. In 2007, Richard joined NM Rothschild’s leveraged finance team in Manchester before joining Cenkos Fund Managers in June 2008. During his time with Cenkos Fund Managers, manager of a £60m pre-IPO investment fund, Richard gained extensive experience of flotations, fundraisings, mergers, acquisitions and restructurings. Richard holds a BSc (Hons) in Mathematics from the University of Birmingham.

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Michael Beverley

Michael spent the first 28 years of his business career with Arthur Andersen during which time he rose to UK regional and senior managing partner responsible for 3,500 people, 11 offices and a turnover in excess of £350m. In 2001 he founded a range of businesses focused on healthcare and property. Since 2009 Michael has been Chairman of One Medical, a developer of healthcare premises and One Medicare, a primary care service provider.

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Steve Charnock

Steve qualified as a chartered accountant in 1986 before joining Charterhouse Securities as a building and construction analyst, later becoming a managing director and head of research. In 2000 and 2001 he was voted ‘Number One Construction Analyst’ in the Reuters survey for UK smaller companies.  Steve set up his own consultancy business in early 2003, co-founded Seneca Partners and sits on a number of private company boards. Steve is a director of Seneca and responsible for property lending. When not watching sport, he enjoys playing tennis and golf as well as skiing and socialising.

steve.charnock@senecapartners.co.uk

07770 363 683

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Ian Battersby

Ian was one of the founders of Seneca Partners in 2010. Using his extensive experience in corporate banking and wealth management, Ian’s role as Business Development Director involves product and strategy development and responsibility for Seneca’s relationships with banks, institutions and wealth managers.

01942 295 985

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Gordon Lane

Gordon qualified as a chartered accountant in 1989 and has over 15 years’ experience in corporate finance lead advisory services. Gordon was a partner at RSM Robson Rhodes until 2002 when he joined BDO in Manchester. He successfully established BDO in the North West corporate finance market and was a key member of the National Corporate Finance Operating Board at BDO for more than five years. Gordon’s experience is principally in mid-market lead advisory deals in the £5 million to £50 million range across a broad range of sectors. Gordon is a FCA and gained a BA (Econ) Hons in accounting and Business Finance from the University of Manchester.

gordon.lane@senecapartners.co.uk

07867 502 768

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Robert Holt

Robert is Chairman of Mears Group Plc in which he had a controlling interest in Mears at the time of the flotation in October 1996. He has a background in developing support service businesses, and has operated in the service sector since 1981, initially in a financial capacity before moving into general management

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Richard Matthewman

Richard joined Seneca as non-executive director in February 2014. He was previously Managing Director of Neales Waste Management until July 2012 when he completed a sale of the business. Having started the company with 6 employees and built it into a multi-site operation employing 150 people offering a complete range of series in waste and recycle management. In 1991, he became Director of Blackburn Rovers FC and later took up the role of Vice Chairman overseeing the strategies and operation of the club. Richard currently holds the position of Chairman of Northcote Leisure Group which consists of Northcote Hotel Limited and Ribble Valley Inn. Together with the board of directors they are in the process of expanding both sides of the business.

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Ian Currie

Ian qualified as a chartered accountant in 1986 with KPMG and has been involved in corporate finance with Peel Hunt & Co, Apax Partners & Co and Altium Capital. Ian sits on the Board of Hedley & Co Stockbrokers, is a founder and majority shareholder of Liberty SIPP who manage in excess of £1 billion of assets, is a partner of Palatine Private Equity LLP and is on the Board of Trustees for the Lowry Arts Centre in Salford, Manchester.

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Norman Molyneux

Norman qualified as an Accountant in 1981. Since that time he has worked as a Management Consultant for Price Waterhouse and has held various board level positions in manufacturing companies. In 2005, he completed a Masters Degree in Finance and Accounting and he is an FCA Approved Person. Norman founded Acceleris in 2000 to raise finance for start-up and early stage companies. Norman has been advising and securing funding for high growth companies for the last 15 years and has developed an excellent track record of EIS (and latterly SEIS) investing. He has direct experience of the problems facing start-ups and early stage technology companies when raising capital, and continues to be involved in a non-executive or advisory role to several of the companies advised. Norman has built up a strong network of funding sources throughout the UK from high net worth individuals through to larger funding sources.

normanmolyneux@acceleris.com

0161 850 0156

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Daniel Fallows

Dan is a Director of Seneca Banking Consultants – the specialist business within the Seneca group of companies which advises on mis-sold Hedge claims to corporates. Seneca Banking is now advising on debt facilities attached to hedging products with a quantum in excess of £1billion. Dan frequently comments in the press on mis-sold swap claims.

Dan qualified as a corporate lawyer with a leading corporate law firm where he worked on a range of deal activity including M&A’s, capital raisings and large scale restructurings. Dan has experience of complex banking transactions and corporate/financial litigation.

Dan obtained his law degree from the University of Manchester and completed the LPC at BPP Law School.

daniel.fallows@senecabanking.co.uk

07741 261 139

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Melanie Hird

Melanie was a founding member of the Seneca team and is responsible for the origination and execution of deals in the Yorkshire market. She also manages an investment portfolio as well as managing investor relations.

Melanie has operated in the restructuring and turnaround markets for her entire career. Melanie’s career began with Ernst & Young in 1998 where she fulfilled various roles having advised a wide range of stakeholders to stressed corporates across many varying sectors. In 2004, she joined Kroll to focus on corporate assignments within the National and International markets where she also gained her Insolvency License.

Frustrated with the lack of SME funding, in order to assist stressed businesses with a turnaround strategy, together with strategic direction, Melanie co-founded Frontline in 2008 and subsequently Seneca Investments Limited in 2011 to provide just that.

Through Frontline and Seneca, Melanie has an enviable track record of investing in businesses with an ability to deliver high returns on investment via creative restructuring methods.

Melanie currently holds a number of non-exec roles in a diverse portfolio of businesses.

Melanie.hird@senecapartners.co.uk

07917 888 880

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David Warnock

David Warnock has over 30 years’ investment experience in both public and private companies, in both the UK and USA. He co-founded the investment firm, Aberforth Partners and retired from there in 2008 after 19 years, having led much of the strategic development and management of the firm. Prior to that he worked with Ivory & Sime plc for four years and before that with 3i Group plc for seven years, the last four of which were in Boston, USA. He is currently Chairman of Troy Income & Growth Trust plc and a non-executive director of British Polythene Industries plc and Standard Life European Private Equity Trust plc, as well as being an active investor in a number of private companies. He has previously served as a non-executive director of Phoenix IT Group plc and Scottish Development Finance Ltd, and was an adviser to the Centre for Financial Markets Research at Edinburgh University. He is a graduate of Edinburgh University, 1979 Bachelor of Commerce (Honours), which included a year at Wharton Business School in Philadelphia, USA, and gained a Certified Diploma in Accounting & Finance in 1980.


Downloads

Onside Magazine Winter 2014

Get in Touch

Contact our head office here. If you'd like specific information on certain areas please consult our Investing and Advising pages.

01942 271 746