Stephen Welton

Stephen Frank Welton (born February 1961)[1] is the founder and Executive Chairman of the Business Growth Fund (BGF).[2]

Stephen Welton
Born
Stephen Frank Welton

February 1961 (age 62)
EducationUniversity of Durham
OccupationExecutive Chairman of the Business Growth Fund

Early life and education

Welton was born South Africa. He and his family moved back to the UK when he was 11 years old.[3]

Welton attended Esher College. He graduated with a law degree from Durham University in 1983.[4] He initially trained as a barrister, before becoming a loan officer at the Bank of Boston.[5][3]

Career

Welton was one of the founding partners of private equity firm CCMP Capital Advisors, JP Morgan's private equity arm.[5][6][7]

He was later managing director of Barclays Private Equity and co-founded Henderson Ventures.[6][7]

Welton is the founder and first chief executive of BGF; an investment company set up in 2011 by five UK banks – HSBC, Lloyds, Barclays, RBS and Standard Chartered – in the wake of the 2008 financial crisis.[5][8][9]

By 2018, BGF had reportedly invested £1.5 billion in 220 start-ups over the previous eight years. Welton became the investor's Executive Chairman in 2020.[10]

In 2021, Welton joined the Build Back Better Council, a Government business council launched by Boris Johnson to address the UK’s economic recovery from the COVID-19 pandemic.[11]

References
  1. "Stephen Frank WELTON - Personal Appointments (free information from Companies House)". find-and-update.company-information.service.gov.uk. Retrieved 2021-09-01.
  2. Tyler, Richard. "Stephen Welton: 'We want to see firms thrive, not just survive'". The Times. ISSN 0140-0460. Retrieved 2021-09-01.
  3. Lynch, Russell (2016-07-15). "Stephen Welton: The Business Growth hoping for magic with small firms". www.standard.co.uk. Retrieved 2021-09-01.
  4. "Faculty of Law". Durham University Gazette. XXVII: 56. 1983. Retrieved 1 September 2021.
  5. Evans, Peter. "BGF's Stephen Welton, the constant gardener of budding Bransons". The Times. ISSN 0140-0460. Retrieved 2021-09-01.
  6. "Bloomberg profile - Stephen Welton". www.bloomberg.com. Retrieved 2021-09-01.{{cite web}}: CS1 maint: url-status (link)
  7. "Stephen Welton". Speakers for Schools. Retrieved 2021-09-01.
  8. "Investor plans £15bn support for UK companies toiling with crisis loans". www.ft.com. Retrieved 2021-09-01.{{cite web}}: CS1 maint: url-status (link)
  9. Smith, Oliver. "How A £2.5 Billion British Startup Fund Became The Most Prolific Growth Investor In The World". Forbes. Retrieved 2021-09-01.
  10. "Stephen Welton". BGF. Retrieved 2021-09-01.
  11. "Prime Minister and Chancellor launch new Business Council". GOV.UK. Retrieved 2021-09-01.
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