In this Q&A, we hear from Mike Guellard, senior investment executive at NEL Fund Managers, as he discusses the vital role of funds such as the Northern Powerhouse Investment Fund II (NPIF II) in the North East. Mike offers his expert perspective on why the region is particularly […]
The North East’s most active business investor is establishing a new office in Teesside to help maximise its investment presence right across the region.
The British Business Bank has recently launched the Northern Powerhouse Investment Fund II (NPIF II), bringing with it £660m to invest in businesses across the North, aimed at fostering growth and prosperity.
NEL will be delivering the Debt Finance Fund and Smaller Loans Fund in the North East, enabling investments of £25,000 to £2m to support growing ambitious businesses. Here we chat to members of the NEL team to see what the Funds mean to them.
The Northern Powerhouse Investment Fund II (NPIF II), aims to build on the success of the initial fund, with the purpose of driving sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North.
For many businesses, the effects of Brexit, COVID, the war in Ukraine and now inflation and the rise in interest rates have created a perfect storm, with rising costs of borrowing, supply chain issues and people and skills shortages. It’s making it more difficult for many businesses to […]
Regional fund management firm NEL Fund Managers has strengthened its investment team with two new appointments.
Susan Snowdon has been recruited by the Newcastle-based firm as an investment executive, while Sarah Carr has joined the team in an investment administrator role.
NEL Fund Managers are proud to announce they are officially signed up to the North of Tyne Combined Authority’s Good Work Pledge!
The Good Work Pledge is a scheme where North East businesses can stand up and be counted for being fair employers.
North East Business Insider Year-End Q&A with Jonathan Luke, Chief Executive, NEL Fund Managers. How was 2022 for NEL? Did you experience a lot of activity? Completing our final investments of the year in the last week has enabled us to record our busiest ever year, with more […]
The North East’s longest-standing business investor has completed its busiest ever year after making investments in regional firms worth a total of almost £5.9m.
NEL Fund Managers completed 62 separate investments in businesses across Tyne & Wear, Northumberland and County Durham during 2022, topping last year’s previous record total by just under £250,000.