N

NEL Fund Managers

Venture Capital

Founded 1989, first regional investment mgmt co North East England. Employee-owned fund manager providing tailored debt & equity solutions for SMEs via mission-led impact investing. £18m Growth Capital & £9m Small Loan Funds (combined £27m AUM). Team of 19 professionals. 34 investments in 2025 (record year). Portfolio: EV Smart (charging infra), Advantex (IT/security/comms), The Sole Guyy (trainers). 200+ yrs combined team experience; ex-bankers, PE, corporate finance, audit backgrounds.

Check Size
£25K - £2M

Investment Thesis

Northern England regional focus, embedding deeply within geography to identify opportunities supporting local SMEs. Specialises in senior secured debt finance with financial covenants providing inflation protection. Sector-agnostic investment approach across wide range of sectors to minimise risk. Targets profitable SMEs with £20-25m turnover generating, above public sector interventions but below traditional mid-market. Actively seeks female-led and minority business proposals. Avoid: London focus, early-stage only, formulaic underwriting.

Interested in connecting?

Visit their website or reach out directly.