Barney Burgess

Barney is focused on the private equity side of the business with distinct attention on consumer/retail investment opportunities. He was previously Commercial Director at Tesco in the UK, responsible for a portfolio of food categories with annual sales of £5bn and prior to that spent 5 years running Tesco.com, Tesco’s grocery home shopping business. In that capacity, Barney led the business to double-digit annual sales growth and improved profitability. Tesco.com has annual sales over £2bn, over 3,000 delivery vans, and one of the busiest websites in the UK. Barney led the creation of the ‘click and collect’ service for groceries in the UK as well as building Tesco’s portfolio of automated picking facilities to serve the London market. Barney was also a member of Tesco’s Corporate Responsibility Committee and initially as Business Development Director, led public and private M&A transactions. Before joining Tesco, Barney spent 6 years working for McKinsey & Co management consultants, ultimately as an Associate Principal, with experience in both retail and others industries. He worked on operational, organizational, strategic and transaction-related engagements. Barney also co-founded and was Development Director for Acturis, a company providing Internet-based back-office software for insurance brokers. Acturis now employs over 200 people and has over 10,000 users of its software. Barney has an MBA from Insead, as well as MEng and MA degrees in Manufacturing Engineering from Cambridge University.