Recruitment of Advisory Panel Members - NOW CLOSED

01 December 2016

Advisory Panel Members
The North East Fund
North East of England


The North East Fund will manage a suite of venture capital and loan funds ('VCLFs') to support small and medium sized enterprises in the North East Local Economic Partnership Area in the 2017-2023 period.

Around £120m of capital will be allocated to five individual funds to be managed by experienced fund managers. The new Fund will build on the highly successful North East 'JEREMIE' programme that has invested £160m in the Region over the past seven years.

Four Advisory Panel members (one to function as chair) are sought to provide advice to the executives of the Fund of Funds in areas such as:

  • Upholding the interests of the Funds' investors and stakeholders
  • Investment policy for the Fund of Funds and on-going strategic asset allocation;
  • Reviews of fund manager performance and conflicts of interest within the VCLFs;
  • Ensuring best practice in monitoring, reporting, and valuation by the Fund of Funds executives

Advisory Panel members will have strong track records within the venture capital, private equity of fund management industries and are expected to have operated at senior executive and/or non-executive director level. Individuals with proven entrepreneurial experience or business banking backgrounds will also be considered. a previous involvement with the investment of public funds would be helpful.

Appointments will commence at and are subject to the successful completion of the Fund, anticipated by end Q1 2017. The Fund is committed to achieving diversity in terms of gender, ability and ethnicity.

Closing date for applications is 4th January 2017

Further information and application pack available here


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Newcastle upon Tyne

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North East Finance (Holdco) Ltd. Registered office, North East Finance (Holdco) Ltd, First Floor 33 Grey Street Newcastle upon Tyne NE1 6EE, Company Registration No. 07000577
“North East Finance” and “Finance for Business North East Microloan Fund” are trading names of North East Finance (Subco) Limited (Registered Number 07039229), which is authorised and regulated by the Financial Conduct Authority with reference number 718870