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, […]
NEL’s busiest ever quarter takes value of investments from new funds past £2m mark
Regional fund management firm NEL Fund Managers is bouncing into the new year on the back of its busiest ever quarter. Nineteen investments worth a combined £1,185,000 were completed by NEL in businesses during October, November and December 2018 from the two funds that it manages which are part of the overall £120m North East […]
NEL passes £1m mark for investments from new funds
The total value of investments made by regional fund management firm NEL Fund Managers from the two new funds it is managing has gone past the £1m mark in just a few months. NEL is the only fund management firm to be awarded two of the five funds that make up the new £120m North […]
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 […]
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, […]
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 […]
North East investment funds supporting scale-up agenda
One of the most satisfying parts of our work as business investors is witnessing the impact it has for North East companies who become better able to realise their potential, create new jobs and scale up their operations to the next level. The predominant position that the scale-up idea has taken on the regional business […]
