Stephen Welton | |
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Born | Stephen Frank Welton February 1961 (age 63) |
Education | University of Durham |
Occupation(s) | Founder, CEO, Chairman of the Business Growth Fund |
Stephen Frank Welton CBE (born February 1961) [1] is the Founder, CEO and Chairman of the Business Growth Fund (BGF). [2] [3] [4]
Welton was born South Africa. He and his family moved back to the UK when he was 11 years old. [5]
Welton attended Esher College. He graduated with a law degree from Durham University in 1983. [6] He initially trained as a barrister, before becoming a loan officer at the Bank of Boston. [7] [5]
Welton was one of the founding partners of private equity firm CCMP Capital Advisors, JP Morgan's private equity arm. [7] [8] [9]
He was prior to that managing director of Barclays Private Equity and co-founded Henderson Ventures. [8] [9]
Welton is the founder and first chief executive of BGF; a major new 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. [7] [10] [11]
By 2023, BGF had invested over £4 billion in more than 400 growth companies across the UK and Ireland. Welton became the investor's Executive Chairman in 2020 before stepping down in June 2023. [12]
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. [13] [14] [15]
Welton was appointed Commander of the Order of the British Empire (CBE) in the 2023 Birthday Honours for services to small businesses and entrepreneurship. [16]
Stephen Welton | |
---|---|
Born | Stephen Frank Welton February 1961 (age 63) |
Education | University of Durham |
Occupation(s) | Founder, CEO, Chairman of the Business Growth Fund |
Stephen Frank Welton CBE (born February 1961) [1] is the Founder, CEO and Chairman of the Business Growth Fund (BGF). [2] [3] [4]
Welton was born South Africa. He and his family moved back to the UK when he was 11 years old. [5]
Welton attended Esher College. He graduated with a law degree from Durham University in 1983. [6] He initially trained as a barrister, before becoming a loan officer at the Bank of Boston. [7] [5]
Welton was one of the founding partners of private equity firm CCMP Capital Advisors, JP Morgan's private equity arm. [7] [8] [9]
He was prior to that managing director of Barclays Private Equity and co-founded Henderson Ventures. [8] [9]
Welton is the founder and first chief executive of BGF; a major new 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. [7] [10] [11]
By 2023, BGF had invested over £4 billion in more than 400 growth companies across the UK and Ireland. Welton became the investor's Executive Chairman in 2020 before stepping down in June 2023. [12]
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. [13] [14] [15]
Welton was appointed Commander of the Order of the British Empire (CBE) in the 2023 Birthday Honours for services to small businesses and entrepreneurship. [16]