Frog Capital, the growth capital investor, today announced that Stephen Lowery has joined as a Partner.
Stephen began his career with PA Consulting in its Global Technology Group before joining 3i as a Director of Venture and then Growth Capital. In over seven years with 3i, he led or was closely involved in investments in a wide range of European IT and cleantech companies, such as Icera, Nujira and Light Blue Optics, and in many profitable exits, including Respond, Insensys and UbiNetics. A Cambridge Engineering graduate, Stephen also represented 3i on the board of The Cambridge Network.
Stephen’s experience extends to private equity secondary transactions, corporate spinouts and restructurings. Recently, he has been working on debt-to-equity conversions with one of the UK’s leading banking groups.
Mike Reid, Managing Partner of Frog Capital, said: “Stephen brings with him a wealth of communications technology and cleantech expertise. He has been actively involved in a number of high-performing companies that have delivered excellent returns and his experience will enable Frog to increase its investment pace, particularly in the IT and digital media sectors.”
Stephen Lowery added: “I am delighted to be joining both Frog and Mike Reid, with whom I have worked for many years. The availability and flexibility of Frog’s fund, makes it an ideal investor in the current market. The portfolio, which includes real heavyweights such as SiC Processing, eCommera and agri-capital, is testament to Frog’s ambition to invest in and support some of Europe’s best entrepreneurs and fastest growing companies”.