Returns from Growth Fund investments pass £25m landmark
The financial returns received on regional investments made by fund management firm NEL Fund Managers from the Finance for Business North East Growth Fund have surpassed the £25m mark after almost £5m was added to the pot in the last 12 months. NEL made 146 investments worth a total of £30m from the Finance For […]
NEL’s Yvonne takes centre stage at global Dubai investment conference
A North East investment expert has been speaking at a global investment finance conference in Dubai on the best ways to encourage small businesses to succeed and grow. Dr Yvonne Gale, chief executive at NEL Fund Managers, was invited to present her ideas on financial inclusion at the 2018 Finovate Middle East conference, which attracted […]
Is BlackRock pioneering a more sustainable future?
Last week, Larry Fink, Chairman and CEO of BlackRock, one of the worlds largest investment firms, drafted his annual letter and set his intentions for the company in stone. No longer would Blackrock support businesses with financial goals only – ‘every company must not only deliver financial performance, but also show how it makes a positive […]
Father and son launching bespoke north east bike brand
A North East father and son are setting out on their own road to commercial cycling success after launching a new range of high end bikes. Ian and Trevor Hughes are the management team behind Vielo Sports Ltd, and have two decades’ experience of working with leading British and European cycling brands, including bringing the […]
Patrick Parsons praises NEL investment impact as it plans next stages of growth
A thriving North East consulting engineering business has praised the impact on its development of its decade-long relationship with regional fund management firm NEL Fund Managers after exiting its final investment agreement with them. Newcastle-headquartered Patrick Parsons Consulting Engineering worked with NEL in 2011 to secure a £250,000 investment from the Finance For Business North […]