Stephenson LP Fund

Stephenson LP is an institutional fund with the capital provided by the Institution of Mechanical Engineers. The Institution of Mechanical Engineers is one of the fastest growing professional engineering institutions, headquartered in London but with operations around the world. The Institution has over 111,000 members in more than 140 countries, working at the heart of the most important and dynamic industries.

The Institution works with leading companies, universities and think tanks to create and share knowledge to provide government, businesses and the public with fresh thinking and authoritative guidance on all aspects of mechanical engineering. The Institution’s investment into Stephenson LP is in line with its original statement of purpose set out by founder George Stephenson in 1847 to “give an impulse to invention likely to be useful to the world”.

Stephenson LP is independently managed by Midven on behalf of the Institution and is primarily intending to invest alongside Midven’s other funds in high growth potential companies which rely on or enable engineering innovation. The Fund started in mid 2014 and expects to invest in up to 15 companies over the next few years.

We believe that the combination of the Institution’s expertise, research and world-wide reach and Midven’s experience in financing and supporting young technology companies will make a significant contribution to accelerating the growth of companies supported by the Fund.

The investment team for Stephenson LP is lead by Mark White and Dr Andrew Muir.