The Northern Powerhouse Investment Fund II (NPIF II) has completed its first investment in Northumberland, marking a significant milestone for the region since the launch of the £660m fund earlier this year.
The new offices, which are more than 50 per cent bigger than the company’s previous home, provide the business with the room it needs to expand the range of services it can offer and accommodate the new recruits who will deliver them.
In this Q&A, we hear from Mike Guellard, senior investment executive at NEL Fund Managers, as he discusses the vital role of funds such as the Northern Powerhouse Investment Fund II (NPIF II) in the North East.
The North East’s most active business investor is establishing a new office in Teesside to help maximise its investment presence right across the region.