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.
The North East’s longest-standing business investor has been confirmed as a provider for the new iteration of the Recovery Loan Scheme (RLS), with more than £4m being made available to regional firms. NEL Fund Managers has been accredited under RLS by the British Business Bank to provide loans […]
A well-known North East dealmaker has taken over as the new chief executive of regional fund management firm NEL Fund Managers. Jonathan Luke has served as the Newcastle-based firm’s portfolio director for the last four years and was promoted to deputy chief executive earlier this year as part […]
The North East’s longest-standing business investor has taken the total amount it has invested from the North East Fund Supported By The European Regional Development Fund in growing regional firms past the £20m mark. NEL Fund Managers took on responsibility in 2018 for investing the £18m North East […]
Two key members of the investment team at the North East’s longest-standing business investor have earned promotions on the back of the impact of their work with growing companies across the region. Jane Siddle and Mike Guellard have been made senior investment executives at NEL Fund Managers after […]
A new business support programme is set to help North East firms working on low carbon and sustainable projects take their next steps forward. The Net Zero Changemakers programme is designed to identify and support innovative businesses across the North East Local Enterprise Partnership area who are creating […]
The North East’s longest-standing business investor has made investments worth a total of over £5.5m in regional firms during what has been its busiest ever investment year. NEL Fund Managers has complete 61 separate investments in businesses across Tyne & Wear, Northumberland and County Durham during 2021, at […]