Stephen Welton Explained

Stephen Welton
Birth Name:Stephen Frank Welton
Education:University of Durham
Occupation:Founder, CEO, Chairman of the Business Growth Fund

Stephen Frank Welton (born February 1961)[1] is the Founder, CEO and Chairman of the Business Growth Fund (BGF).[2] [3] [4]

Early life and education

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]

Career

Welton was one of the founding partners of private equity firm CCMP Capital Advisors, JP Morgan's private equity arm.[8] [9]

He was prior to that managing director of Barclays Private Equity and co-founded Henderson Ventures.

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.[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.

References

  1. Web site: Stephen Frank WELTON - Personal Appointments (free information from Companies House). 2021-09-01. find-and-update.company-information.service.gov.uk. en.
  2. News: Tyler . Richard . 2024-02-22 . Inside the plan to unlock trillions to scale up small businesses . 2024-02-22 . en . 0140-0460.
  3. News: Tyler. Richard. Stephen Welton: 'We want to see firms thrive, not just survive'. The Times. en. 2021-09-01. 0140-0460.
  4. 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
  5. Web site: Lynch. Russell. 2016-07-15. Stephen Welton: The Business Growth hoping for magic with small firms. 2021-09-01. www.standard.co.uk. en.
  6. Faculty of Law . Durham University Gazette . 1983 . XXVII . 56 . 1 September 2021.
  7. News: Evans. Peter. BGF's Stephen Welton, the constant gardener of budding Bransons. The Times. en. 2021-09-01. 0140-0460.
  8. Web site: Bloomberg profile - Stephen Welton. 2021-09-01. www.bloomberg.com.
  9. Web site: Stephen Welton. 2021-09-01. Speakers for Schools. en-GB.
  10. Web site: Investor plans £15bn support for UK companies toiling with crisis loans. 2021-09-01. www.ft.com.
  11. Web site: Smith. Oliver. How A £2.5 Billion British Startup Fund Became The Most Prolific Growth Investor In The World. 2021-09-01. Forbes. en.
  12. Web site: Stephen Welton. 2021-09-01. BGF.
  13. Web site: Prime Minister and Chancellor launch new Business Council. 2021-09-01. GOV.UK. en.
  14. inkedin.com/pulse/good-growth-blog-we-finally-cusp-pensions-revolution-welton-cbe%3FtrackingId=dun0paBjJnwv4yY%252FDPvQAA%253D%253D/?trackingId=dun0paBjJnwv4yY%2FDPvQAA%3D%3D
  15. 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

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