Stephen Welton
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9 February 1961
Stephen Welton | |
|---|---|
| Born | Stephen Frank Welton 9 February 1961 |
| Education | University of Durham |
| Occupation | Businessperson |
| Known for | Founder, CEO, Chairman of the Business Growth Fund |
Stephen Frank Welton CBE (9 February 1961) is a British business executive who is the founder, chairman, and chief executive officer (CEO) of the Business Growth Fund (BGF).[1][2][3][4]
Welton was born in 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.[1][5]
Career
Welton was one of the founding partners of private equity firm CCMP Capital Advisors, JP Morgan's private equity arm.[1][7][8]
He was prior to that managing director of Barclays Private Equity and co-founded Henderson Ventures.[7][8]
Welton is the founder and first chief executive of BGF; a major investment company set up in 2011 by five UK banks – HSBC, Lloyds, Barclays, RBS and Standard Chartered – after the 2008 financial crisis.[1][9][10]
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.[11]
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.[12][13][14]