Paul is the Managing Director of PH2 Capital Ltd, a private trading and advisory business. PH2’s mandates span portfolio management, hedge advisory, and providing client advice and execution on fixed income and structured asset business units. At PH2 he oversees a fixed income credit and special situations portfolio for a credit fund and, additionally, his broad network facilitates capital introductions for activities ranging from complex derivatives to real estate financing.

Previously, Paul was the Founder and CEO of Morgan Capital Advisors LLP, an FCA-regulated broker-dealer. Under his leadership, the firm attracted investment from a leading private equity firm, developed a highly efficient Model A trading platform, and built a geographically diverse client base. In 2011, he successfully led a management buyout, personally underwriting the acquisition and securing leveraged funding for the trading book. The company went on to advise across asset classes, counting institutions and supra-nationals as clients.

Earlier in his career, Paul was a Proprietary Trader at Royal Bank of Scotland, where he established a successful fixed income structured products trading desk, growing the balance sheet and profitability within a short timeframe. He began his career at Morgan Stanley International, spending over a decade in exotic interest rate derivative structuring and trading.

Since 2023, he has served as an expert witness providing guidance in legal disputes involving derivatives and asset management. His Directorships have included Solaris Consensus, an anti-ransomware start-up and Non-Executive Director of Goodman Masson Ltd, the international recruitment company.