In 1998 he joined Charterhouse as a Partner and remained there for sixteen years investing four European private equity funds before retiring as Senior Partner in December 2013. During this period, Malcolm invested £2 billion of private equity capital in eight UK companies and achieved successful exits equating to 2.8x invested capital. Within this portfolio, revenues increased by 2.5x and employment by 2.0x.
On 4th October 2021, Malcolm Offord was appointed a Parliamentary Under Secretary of State to the Scotland Office. He was created Baron Offord of Garvel, of Greenock in the County of Renfrewshire and introduced to the House of Lords on 14th October 2021 as Lord Offord of Garvel. He was also appointed a Parliamentary Under Secretary of State in the Department of Business and Trade on 24th April 2023.