Philip joined Investcorp in 1999 from Diageo. He spent six years as Group Finance Director, both at Guinness and then at Diageo after Guiness's merger with GrandMet in 1997. Philip's 13-year career at Guinness/Diageo mainly involved financial positions but also saw him in a number of wider-ranging roles including the Chairmanship of The Gleneagles Hotel and Guinness Publishing. He was also a director of Moet Hennessy. Philip is a non-Executive Director of Vodafone Group Plc. He has also been a non-Executive Director of HBOS plc and Manchester United PLC.

Philip is a member of the Chartered Institute of Management Accountants and has a degree in Modern Languages (French and Spanish) from Oxford University where he was at Brasenose College.