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 […]
Clifford James Consultants in Top Gear After Growth Fund Investment Exit
A Northumberland firm that specialises in a niche area of motoring and insurance law is in the fast lane towards becoming a UK-wide operator after exiting from a six-figure investment from the Finance For Business North East Growth Fund. Clifford James Consultants Ltd (CJC) is one of the UK’s market leaders in the provision of […]
Sadler Brown Designs on New Markets Backed by Growth Fund Investment
An ambitious North East architects’ practice is hoping to build on the success it’s enjoying both at home and abroad by breaking into a range of new markets. Over the last two years, Sadler Brown has seen its headcount increase from eight people to 28 as it has won a number of major new design […]
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 […]
NEL’s Yvonne Called in as Advisor on £500m UAE Innovation Fund
A North East investment expert has been appointed to a panel of worldwide advisors who will work with the United Arab Emirates’ government on the investment of a new £500m innovation fund. Dr Yvonne Gale, chief executive at NEL Fund Managers, is one of 11 members of the Advisory & Decision Committee that has been […]
