NEL Fund Managers Team Takes Control Through New Employee Ownership Trust
The team at regional fund management firm NEL Fund Managers has made a significant investment in its own future by taking control of the business through the formation of an Employee Ownership Trust. Based around the John Lewis partnership model, Employee Ownership Trusts (EOTs) were created in 2012 to provide a means of encouraging employee […]
North East Businesses Set to Benefit as Regional Growth Fund Given £4m Extension
Ambitious regional businesses are being invited to make their bids for an investment from a new £4m extension to the Finance For Business North East Growth Fund. Run by regional fund management firm NEL Fund Managers, the Growth Fund is a general investment fund aimed at businesses at a development and growth stage based anywhere […]
Growth Fund Investments Pass £25M Landmark
After providing around £5m of development capital to regional businesses during 2015, the total value of investments made by fund management firm NEL Fund Managers from the Finance for Business North East Growth Fund has now passed the £25m mark. Since the fund launched in early 2010, NEL has made 125 investments from it with […]
