Elysian Capital

Ken Terry serves as Chairman and Mark Puttick is a lead Partner. The firm operates with a flat, 14-person team listed publicly on its website, and does not disclose a formal investment committee structure. The senior team includes partners Alice Tweg, Ana Kazakova, and Chris Jepson Reynolds, suggesting a consensus-driven model under the Chairman and senior partners.

The firm states that team members have contributed £67m in total across its three funds, representing roughly 10% of overall capital raised. Elysian frames this as a governance feature that aligns the team with both LPs and portfolio company management teams more tightly than a standard private equity fee model.

Elysian is a traditional private equity fund manager, not a family office. It raised capital from external limited partners including pension funds, sovereign wealth funds, fund-of-funds and family offices across Europe, the Middle East and North America for each of its three blind-pool vehicles.

Elysian focuses on lower-mid-market companies in the UK and Europe, deploying through buyouts, management buy-ins and growth capital transactions. The firm is generalist by sector and typically acquires majority control in businesses where operational complexity or fragmentation creates room for active management improvement.

Elysian operates exclusively through direct control investments made from its commingled blind-pool funds. It does not act as a fund-of-funds or allocate to third-party managers. Many of its LPs have co-investment rights alongside Fund III, allowing them to deploy additional capital into specific portfolio companies.

The firm invests at multiple entry points including management buyouts, management buy-ins and growth equity rounds. Its portfolio includes platform acquisitions that serve as vehicles for aggressive bolt-on strategies — Gravity Global completed five add-on acquisitions in the US market between 2022 and 2025 while under Elysian ownership.

In December 2025 the firm announced a planned leadership succession. While specific role changes were not enumerated in public disclosures, the move formalised a transition at the senior level that the firm described as 'planned succession implemented'. Ken Terry remains Chairman as of the latest website disclosure.