John Eggleston, head of the tech sector for British Growth Fund (BGF), a UK-based patient capital investment firm founded by banks, has joined private equity firm Pantheon Ventures as partner and chief technology officer.
Eggleston said: “BGF was a new approach, has invested in some excellent businesses and reignited an underserved part of the market. And right now, long-term, patient capital is more relevant than ever.”
In eight years BGF, which is backed by Barclays, HSBC, Lloyds, RBS and Standard Chartered, has invested in more than 280 companies, providing over £2bn ($2.4bn), according to Eggleston. He had taken seats on the boards of Fleet on Demand, Virtual1, Petrotechnics, PTS, SaleCycle, Semafone, ACS and RecordSure.
Eggleston has also been a founding investor and adviser for Rise Financial Technologies, a blockchain business focused on settling trades.
Photo of John Eggleston courtesy of British Growth Fund.
