In 2005 the entrepreneur Richard Caring bought The Ivy and the Caprice Holdings group (which owns Le Caprice in the St James's area of London, J. Sheekey near Leicester Square, Scotts in Mount Street and 34 in Grosvenor Square). In 2007 Fernando Peire returned to The Ivy as Director of The Ivy and The Club at The Ivy. Gary Lee, who had previously been in charge of private functions at The Ivy, returned as Head Chef and was appointed Executive Chef in 2008. Executive Chef Director of Caprice Holdings restaurants (now Caprice Group) is Tim Hughes.