Seminar programme to help regional SMEs access North East Fund investments
A leading North East Law firm has partnered with a regional fund management firm to offer free business support which will help SMEs access investments from the new North East Fund Supported by the European Regional Development Fund. PG Legal has teamed up with NEL Fund Managers to deliver free seminars and bespoke advice sessions […]
Hensby steps down after 27 years of north east investments at NEL
One of the North East’s best-known dealmakers is retiring after more than a quarter of a century of successfully investing in regional businesses. Barrie Hensby has stepped down after three years as chairman of regional fund management firm NEL Fund Managers, a role he took on after spending the preceding 24 years as the company’s […]
Carolyn returns to NEL to lead search for North East Fund investees
An experienced business development professional has rejoined North East fund management firm NEL Fund Managers to help identify even more regional firms in which it can invest. Carolyn McGregor is now responsible for helping to generate a strong pipeline of investment opportunities for NEL from ambitious regional companies, and for building relationships with key intermediaries, […]
NEL Fund Managers appoints Graham Thrower as non-executive chairman
A hugely experienced North East business executive has joined regional fund management firm NEL Fund Managers as its new non-executive chairman. Graham Thrower has held board-level positions in global investment, economic development and creative industry sectors, including with North East Access To Finance, Newcastle Science City and regional development agency One North East, where he […]
David and Jonathan step up to director roles at NEL
Two well-known North East dealmakers have stepped up to senior management roles at regional fund management firm NEL Fund Managers. David Thomas has been named as the Newcastle-based firm’s investment director, while Jonathan Luke has been promoted to portfolio director in recognition of their contribution to NEL winning contracts to manage two of the five […]
NEL seeking investment applications as growth capital fund and small loan funds open for business
Ambitious North East businesses are being invited to apply for investments from two new funds worth a total of £27m that could help them expand their operations and create new jobs. NEL Fund Managers is the only fund management firm to be awarded two of the five funds that make up the new £120m North […]
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 […]
Career Investment for Mark with Move to NEL Fund Managers
Regional fund management NEL Fund Managers has added three decades of financial industry experience to its team with the appointment of Mark Wharton. Mark has joined NEL as a portfolio executive after almost 30 years with the Co-operative Bank in the North East, the last 25 of which were spent as part of its corporate […]
NEL Quiz Night Brings in £480 for The Prince’s Trust
As a continuing part of our commitment to support the work of The Princes Trust, NEL last night hosted it’s first charity quiz night welcoming over 60 of the team’s close professional network. The event raised £240 for The Trust and all monies raised will now be matched by The NEL Project, part of our […]
