Since BGF began business four months ago, Stephen Welton, chief executive of BGF, has raised £2.5bn from the banks. He has, at a time when many are finding it impossible to get money from lenders, pulled off a rare trick and is now focused on investing in small and medium-sized companies. Here, he talks with Damian Reece from the Daily Telegraph on why giving money away to firms is harder than it is to raise it.
The Telegraph profiles Stephen Welton
BGF invests £93m in London and the South East in 2019
BGF invested £93m of growth capital into companies based in London and the South East in 2019. 16 new businesses…