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Alec Mackie 

Alec trained as a Chartered Accountant with Arthur Young in Glasgow and London, and was admitted to the Institute of Chartered Accountants of Scotland in 1973. 

He set up practice in partnership in 1973 and practised in three firms over twenty years. The final practice was sold to Martin Aitken & Co in 1993.  By this time he had already developed and pursued an interest in small scale corporate finance work. 

Barwell Plc was formed in 1993 as a holding company for a number of companies in which the Rt Hon Viscount Gough had an interest and this became a full time commitment for Alec through Barwell Consulting Limited, (the group’s management services company) in late 1993.  The Venture Capital Investment activity of Barwell has been developed from this base, investing sums in the range of £75,000 to £250,000 and usually becoming involved in the financial control or monitoring of the investee company. 

In 2003 Barwell became an early partner with the Scottish Co-Investment Fund. 

Currently the Barwell portfolio consists of twenty five active investments.  These are all start up and early stage companies and for many of them the addition of Alec’s financial experience and accounting management is of particular value.

Nelson Gray

Following the sale of his own business, Nelson became a “hands on” Business Angel investor, mentor, non executive director and Fund Manager.  

He acted as fund manager for Scotland’s leading business angel syndicate and has invested in 21 companies personally. As a UK Financial Services Authority Fund Manager, he managed two early stage investment funds and was responsible for funding over 50 Scottish SME’s. Presently a non executive director for the Genomia Seedcorn Investment Fund which is targeted the research outputs of a group of public sector research establishments engaged in the animal and life sciences sector, and an advisor to the PSYBT Innovation Fund and formally  the locum Fund Manager for Clyde Blowers Capital IM LLP. 

Nelson is a Director of LINC Scotland, the Scottish Business Angel network. He chairs LINC’s Best Practice committee and acts as a mentor to new investment groups. In April 2008 Nelson was awarded the tile “Business Angel of the Year 2008” by The European Business Angel Network (EBAN).  

He has talked and lectured at a wide range of events across the world, including north and south America, Europe, Middle East, India and Russia 

Nelson was a board member of the Entrepreneurial Exchange for 7 years, and has been a non executive and mentor to a number of high growth companies involved in a range of sectors including recruitment, entertainment, call centres, life sciences and recycling.   

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Venue information

Kama Sutra, Glasgow 331 Sauchiehall Street
G2 3HW

0141 332 0055

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Nelson Gray, Firth Ventures, www.nelsongray.com


  • Alec Mackie, Barwell
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