NEL Fund Managers passes £100m investments value landmark
The North East’s longest-standing business investor has taken the total amount it has invested in growing regional companies past the £100m mark. NEL Fund Managers has made 847 investments across the North East since being set up in 1989, helping to create and secure thousands of jobs within hundreds of companies along the way. Since […]
£500,000 investment secures growth plans for Bastion
Newcastle based Bastion Security Products – a government and MoD-approved supplier of industry-leading physical security systems – has secured a £500,000 investment from the North East Growth Capital Fund Supported by the European Regional Development Fund to support rapid business growth and the creation of up to 20 new jobs. Bastion, which has been providing […]
Thirty years of North East business investment for NEL Fund Managers
The North East’s longest-standing business investor is celebrating after completing three decades of investing in growing regional companies. NEL Fund Managers has made 826 investments across the North East worth a total of £98.4m since being set up in 1989, and has helped to create and secure thousands of jobs within hundreds of companies. After […]
Impact investing since 1989
NEL Fund Managers is an employee owned fund management company, specialising in achieving blended returns and positive impact for our investors. The place-based economic generation funds that we’ve managed over the years, have varied in geography and although our main focus has been on the North East of England, we have partnered to invest funds […]
NEL partnering with ‘If We Can You Can’ Challenge to help more firms get investment ready
Regional fund management firm NEL Fund Managers is launching a new partnership with the If We Can You Can Challenge to help more North East businesses get themselves ‘investment ready’. The initiative will see the two partners holding a series of events right through the year which will provide support and mentorship opportunities for entrepreneurs […]
Cenelec takes on major contracts with Growth Capital Fund investment support
A North East hazardous area inspection firm has won major contracts in the oil & gas and utilities sectors with the help of its latest investment from NEL Fund Managers. Cenelec Standards Inspections Ltd (CSI) helps companies operating in potentially explosive onshore and offshore environments, such as oil rigs and refineries, distilleries and chemical plants, […]
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 […]
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 […]
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 […]
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 […]
