Stephen Welton
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]
Early life and education
[edit]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]
Career
[edit]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]
References
[edit]- ^ "Stephen Frank WELTON - Personal Appointments (free information from Companies House)". find-and-update.company-information.service.gov.uk. Retrieved 2021-09-01.
- ^ Tyler, Richard (2024-02-22). "Inside the plan to unlock trillions to scale up small businesses". ISSN 0140-0460. Retrieved 2024-02-22.
- ^ Tyler, Richard. "Stephen Welton: 'We want to see firms thrive, not just survive'". The Times. ISSN 0140-0460. Retrieved 2021-09-01.
- ^ https://www.bgf.co.uk/wp-content/uploads/2020/10/From-survive-to-thrive-funding-the-growth-economy-to-kickstart-an-investment-led-recovery-1.pdf
- ^ a b Lynch, Russell (2016-07-15). "Stephen Welton: The Business Growth hoping for magic with small firms". www.standard.co.uk. Retrieved 2021-09-01.
- ^ "Faculty of Law". Durham University Gazette. XXVII: 56. 1983. Retrieved 1 September 2021.
- ^ a b c Evans, Peter. "BGF's Stephen Welton, the constant gardener of budding Bransons". The Times. ISSN 0140-0460. Retrieved 2021-09-01.
- ^ a b "Bloomberg profile - Stephen Welton". www.bloomberg.com. Retrieved 2021-09-01.
- ^ a b "Stephen Welton". Speakers for Schools. Retrieved 2021-09-01.
- ^ "Investor plans £15bn support for UK companies toiling with crisis loans". www.ft.com. Retrieved 2021-09-01.
- ^ Smith, Oliver. "How A £2.5 Billion British Startup Fund Became The Most Prolific Growth Investor In The World". Forbes. Retrieved 2021-09-01.
- ^ "Stephen Welton". BGF. Retrieved 2021-09-01.
- ^ "Prime Minister and Chancellor launch new Business Council". GOV.UK. Retrieved 2021-09-01.
- ^ inkedin.com/pulse/good-growth-blog-we-finally-cusp-pensions-revolution-welton-cbe%3FtrackingId=dun0paBjJnwv4yY%252FDPvQAA%253D%253D/?trackingId=dun0paBjJnwv4yY%2FDPvQAA%3D%3D
- ^ https://www.linkedin.com/pulse/good-growth-blog-future-ours-change-stephen-welton-cbe%3FtrackingId=621eTqmJorJRxT9YN%252F%252B%252FeA%253D%253D/?trackingId=621eTqmJorJRxT9YN%2F%2B%2FeA%3D%3D
- ^ "No. 64082". The London Gazette (Supplement). 17 June 2023. p. B10.