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Business Growth Fund names COO

UK and Ireland-focused growth capital investor BGF has appointed Christopher Olds as Chief Operating Officer. Olds was previously CFO of Bristol-based technology company Ultraleap. 

In his new role, Olds will be responsible for all operational areas of the business including finance, regulatory & compliance, legal, technology & IT, ESG, IR & fundraising and operations & facilities. He will report to CEO Andy Gregory and will sit on the executive committee, investment committee and the board.  

Matthew Reed, who has been with BGF since its 2011 inception, will step down as COO. 

At Ultraleap, he oversaw a phase of growth, raising over £100m in equity and debt, according to a press statement, as well as the acquisition of US tech company Leap Motion in 2019.

Prior to Ultraleap, Christopher was Partner, Capital Markets at venture capital firm IP Group. He has also served as Non-Executive Director at Cloud Sustainability, according to his LinkedIn profile. 

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