Stephen Welton

Last updated
Stephen Welton

CBE
Born
Stephen Frank Welton

February 1961 (age 62–63)
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]

Contents

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] [5]

Career

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]

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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 (2024-02-22). "Inside the plan to unlock trillions to scale up small businesses". ISSN   0140-0460 . Retrieved 2024-02-22.
  3. ↑ Tyler, Richard. "Stephen Welton: 'We want to see firms thrive, not just survive'". The Times . ISSN   0140-0460 . Retrieved 2021-09-01.
  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. 1 2 Lynch, Russell (2016-07-15). "Stephen Welton: The Business Growth hoping for magic with small firms". www.standard.co.uk. Retrieved 2021-09-01.
  6. ↑ "Faculty of Law". Durham University Gazette. XXVII: 56. 1983. Retrieved 1 September 2021.
  7. 1 2 3 Evans, Peter. "BGF's Stephen Welton, the constant gardener of budding Bransons". The Times . ISSN   0140-0460 . Retrieved 2021-09-01.
  8. 1 2 "Bloomberg profile - Stephen Welton". www.bloomberg.com. Retrieved 2021-09-01.
  9. 1 2 "Stephen Welton". Speakers for Schools. Retrieved 2021-09-01.
  10. ↑ "Investor plans £15bn support for UK companies toiling with crisis loans". www.ft.com. Retrieved 2021-09-01.
  11. ↑ Smith, Oliver. "How A £2.5 Billion British Startup Fund Became The Most Prolific Growth Investor In The World". Forbes. Retrieved 2021-09-01.
  12. ↑ "Stephen Welton". BGF. Retrieved 2021-09-01.
  13. ↑ "Prime Minister and Chancellor launch new Business Council". GOV.UK. Retrieved 2021-09-01.
  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
  16. ↑ "No. 64082". The London Gazette (Supplement). 17 June 2023. p. B10.
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