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Borrows plots 3i investment strategy revival

New chief executive is turning the one-time UK buyout industry standard-bearer inside out to restore its former glory

As the co-founder of the European arm of Greenhill, one of the investment banking success stories of the past decade, few can boast the City pedigree of Simon Borrows.

Following a decade building an M&A powerhouse from scratch - and amassing a personal fortune of £149m, according to last year's Sunday Times Rich List - Borrows had been widely expected to pursue non-financial interests after stepping back at Greenhill.

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