NEL News Archive

The North East Growth Fund receives national recognition for its impact on the economy

Uploaded by in NEL News on January 2, 2019

The Finance for Business North East Growth Fund, managed by NEL Fund Managers, has received national recognition for the positive impact it has had on the North East economy. The Fund was acknowledged as an impact award finalist by the Institute of Economic Development (IED), the UK’s leading […]


Growth Fund investments help North East firms bring extra £26.8m into region

Uploaded by in NEL News on December 21, 2018

Dozens of regional firms that secured investments from the Finance for Business North East Growth Fund have been able to use them to bring an additional £26.8m of capital investment into the regional economy. Research by NEL Fund Managers has revealed that businesses in receipt of finance from […]


NEL Fund Managers signs Armed Forces Covenant in support of ex-service entrepreneurs

Uploaded by in NEL News on December 4, 2018

Regional fund management firm NEL Fund Managers has given its official backing to supporting ex-service personnel as they move into civilian life and new commercial roles. Having invested in a number of businesses set up and run by former military personnel, NEL has now become a signatory to […]


Spotlight on Mentors’ & NEDs’ role in driving business scale-up agenda at free event

Uploaded by in NEL News on November 14, 2018

The positive impact that non-executive directors and business mentors can have on helping North East firms realise their scale-up ambitions will be in the spotlight at a free event taking place next week. The Scaling Your Business Through Mentors and Non-Executive Directors seminar is designed to give business […]


NEL passes £1m mark for investments from new funds

Uploaded by in NEL News on August 23, 2018

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 […]


Jonathan makes career investment with NEL

Uploaded by in NEL News on July 12, 2018

North East fund management firm NEL Fund Managers has boosted its investment team with the appointment of Jonathan Armitage. Jonathan has joined NEL as an investment executive and is now working to support regional businesses who are looking to access investments that will help them realise their development […]


Seminar programme to help regional SMEs access North East Fund investments

Uploaded by in NEL News on July 9, 2018

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 […]


Hensby steps down after 27 years of north east investments at NEL

Uploaded by in NEL News on July 5, 2018

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 […]


Carolyn returns to NEL to lead search for North East Fund investees

Uploaded by in NEL News on June 25, 2018

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, […]


NEL Fund Managers appoints Graham Thrower as non-executive chairman

Uploaded by in NEL News on May 30, 2018

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 […]