Private Equity

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North West Business Finance

The North West Fund is now FULLY INVESTED. The North West Fund is a £155m evergreen investment fund established to provide debt and equity funding to small and...

North West Business Finance logo

North West Business Finance

The North West Fund is now FULLY INVESTED. The North West Fund is a £155m evergreen investment fund established to provide debt and equity funding to small and medium sized enterprises in the North West of England.

General information

Firm type

Private Equity

Year founded

2010

AUM

£155m (per firm website)

Location

Region

Europe

Country

United Kingdom

City

Warrington

Corporate office

The Maltings, 98 Wilderspool Causeway, Warrington, WA4 6PU, United Kingdom

Sector focus

Venture (General)Private Credit

Frequently asked questions

Who managed the investments for North West Business Finance?

The firm operated a sub-fund model. Individual fund managers were appointed for each specialist mandate — allowing the central company to oversee capital deployment across debt and equity without building a large in-house investment team. The names of those sub-managers are not publicly compiled in a single source by the firm.

What was the structure of The North West Fund?

It was a £155m evergreen fund capitalized by the European Regional Development Fund and the European Investment Bank. The capital was split into sub-funds covering different asset classes — principally debt and venture/equity — each managed independently under North West Business Finance’s overall coordination.

Is the firm still making new investments?

No. The North West Fund is fully invested, according to the firm’s own public statements. Current activity is limited to portfolio management and the eventual wind-down of existing positions.

What was the geographic focus of the fund?

The mandate was strictly confined to small and medium-sized enterprises located in the North West of England. This encompassed the counties of Cumbria, Lancashire, Merseyside, Greater Manchester, and Cheshire.

Did the firm raise follow-on funds?

There is no public record of North West Business Finance raising a successor fund. The vehicle was structured as a single, policy-driven programme designed to address a specific gap in regional SME finance, rather than as a franchise intending to launch multiple fund vintages.

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