NEL Fund Managers

Newcastle-based SME investor deploying regional funds, and now doing deals in Leeds.

NEL Fund Managers is a North East investment firm that has been employee-owned through an Employee Ownership Trust since 2016. It manages the NPIF II NEL Smaller Loans and NEL Debt Finance funds within the £660m Northern Powerhouse Investment Fund II, which covers the whole of the North of England. Its Leeds deals include backing HCIG, parent of recruitment business Stratum Partners.

Key facts

Leeds presence
Active in Leeds
Headquarters
Newcastle
Sector
Financial and professional services
Area
Business lending
Employees
15 (2026, company-wide)
Companies House
02564907 (registered December 1990)