BGF, an investor in growth economy companies, have said that Jim Strang, MD & EMEA Chairman of Hamilton Lane, and Kris Isherwood, CFO of Eight Roads, will be appointed as independent non-executive directors to its Board, effective 1stJanuary 2021.
BGF, which is celebrating its 10th anniversary next year, says it has invested £2.5bn in growth businesses across the UK & Ireland through a combination of its evergreen balance sheet and third party funds, as well as its network of 16 offices.
Jim Strang comments: “Stephen and the team have created something very distinct in the investment industry. The pandemic has created serious challenges for many entrepreneurial businesses, but you only have to look at some of the significant success stories and exits within the BGF portfolio this year to understand that there is a clear role for patient, minority investing in the UK. I am delighted to be joining the Board alongside Kris during the next phase of BGF’s own growth.”
Kris Isherwood said: “BGF has a very strong sense of purpose in how it approaches its investment strategy, portfolio and people. Not only is it the most active equity investor in the UK but it is also focused on delivering growth and returns across its portfolio in a sustainable way. I look forward to working with the Board and the wider team at BGF as it continues to build on important areas of its investment strategy, including clean growth, ESG and diversity.”