Business Growth Fund (BGF), the £2.5bn state-backed vehicle aimed at helping UK SMEs, has hired former 3i executive Cate Poulson to lead the firm’s Talent Network.
The BGF Talent Network aims to build the firm’s relationships with a range of senior business executives in order to offer portfolio companies access to a pool of knowledge and experience.
Poulson, who will help to develop the firm’s relationships with business executives, 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.
Poulson 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, Poulson worked in the private equity practice of executive search firm Korn/Ferry|Whitehead Mann, where she focused on senior appointments for private equity-backed businesses.
“Cate’s appointment is testament to our determination to build and nurture senior business relationships across the UK,” said Richard Bishop, head of investments at BGF.
“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.”
The firm recently announced it had made its second investment within a week with a £7.8m funding of Scottish oil and gas tools provider STATS. The deal is the fund’s fourth since the turn of the year, and follows the £4.8m financing of gadget maker Wow! Stuff.
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