[UK] London-based Frog Capital has announced that Stephen Lowery has joined as a Partner. Frog invests in growth-stage companies across the cleantech and IT & digital media sectors.
Lowery leaves 3i where he was Director of Venture and then Growth Capital and led or was “closely involved in” investments in European IT and cleantech companies, such as Icera, Nujira and Light Blue Optics, and in profitable exits, including Respond, Insensys and UbiNetics. He also represented 3i on the board of The Cambridge Network.
Prior to 3i he was with PA Consulting in its Global Technology Group.
Lowery brings to Frog experience of “private equity secondary transactions, corporate spinouts and restructurings”, while he has recently “been working on debt-to-equity conversions with one of the UK’s leading banking groups”, according to the release.
Mike Reid, Managing Partner of Frog Capital, says: “Stephen was one of 3i’s up and coming stars and is a fantastic catch for Frog. He’s a rare animal: great track record, extremely bright, with a highly practical, personable style that I know has been much appreciated by colleagues and by all the CEOs he worked with.”