By Daniel Hunter
Business Growth Fund (BGF), established to help Britain's fast growing smaller and medium sized businesses, today (Thursday) announces that it has appointed Cate Poulson as Head of BGF’s Talent Network, to develop the firm’s relationships with a broad network of experienced business leaders.
The BGF Talent Network will cultivate the firm’s relationships with a range of experienced senior business leaders in order to offer BGF investee companies unique access to a pool of expert and inspirational talent.
This will increase BGF’s capacity to offer valued executive and non-executive support to the businesses it backs whilst enabling those leaders to work with some of the fastest growing and most ambitious businesses in Britain today.
BGF already boasts an impressive list of non-executive directors on its board including amongst others, Audrey Baxter, the CEO of Baxters Food Group and Stephen Murphy, who is now an adviser to Richard Branson’s Virgin group of companies, having recently stepped down as CEO.
Cate joins the London team and will work across BGF’s regional network which includes Scotland, the North of England and Northern Ireland, the Midlands, London and the South East, and the South West of England and South Wales.
Cate was formerly with 3i Group, where she managed the firm’s relationships with senior executives and non-executives across a range of sectors and geographies. Prior to 3i, Cate worked in the private equity practice of executive search firm Korn/Ferry|Whitehead Mann, where she focused on significant senior appointments for private equity backed businesses. Cate has a BA (Hons) in English from Brasenose College, Oxford University.
Since its launch in May, BGF has scaled its local capabilities so as to be able to meet its long term objective of offering equity investment to up to 40 businesses a year and contributing to the growth of the UK economy. BGF now employs over fifty people across its network of 6 offices in the UK.
BGF makes long-term equity investments in established businesses across the UK. BGF operates in partnership with the businesses its backs, investing between £2 million and £10 million in return for a minority equity stake.
“I am excited to be joining Business Growth Fund which is fast establishing itself as one of the leading players in funding for SME businesses," Cate Poulson, Head of Talent Network at BGF, commented.
"BGF builds partnerships with management teams and our aim is to develop a broad network of experienced directors with wide ranging skills, in order to drive the growth and development of the businesses that we invest in.”
Richard Bishop, BGF Head of Investments, commented: “Cate’s appointment is testament to our determination to build and nurture senior business relationships across the UK. The businesses that we invest in will have the extra advantage of unique access to some of the most successful business leaders in the UK.”
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