Type Public limited company Website www.financewales.co.uk Founded 2000 Parent organization Welsh Government | Industry Financial services Headquarters Cardiff, United Kingdom Number of employees 150 | |
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Key people Gareth Bullock – Chairman
Giles Thorley - Chief Executive Profiles | ||
Finance wales
The Finance Wales Group is one of the UK’s largest regional SME investment companies and provides growth capital for small and medium-sized businesses in the UK.
Contents
- Finance wales
- FW Capital
- North West Fund for Business Loans
- North East Growth Plus Fund
- Tees Valley Catalyst Fund
- xnos
- References
The Group manages funds in excess of £700 million and consists of the fund managers Finance Wales and FW Capital, which invest in SMEs as well as xénos, a business angel network. The Finance Wales Group can make debt, mezzanine and equity investments of up to £3 million at all stages (early stage, development capital, as well as succession and acquisition) and also structures follow-on investments for its portfolio. The Group also syndicates/co-invests.
Finance Wales makes commercial investments in small and medium-sized businesses throughout Wales, enabling them to realise their potential for innovation and growth. A subsidiary of the Welsh Government, Finance Wales manages funds of more than £694 million.
Finance Wales has four offices across Wales, with headquarters in Cardiff.
FW Capital
FW Capital is a fund management company currently managing UK-based funds totaling £55 million.
North West Fund for Business Loans
The £45 million fund is part of the £184.8 million North West Fund. FW Capital can invest loans between £50,000 to £750,000 in viable SMEs in the North West of England. It manages the fund from Manchester and Liverpool.
North East Growth Plus Fund
The fund is part of the £125 million Finance for Business North East Fund. FW Capital can invest between £350,000 and £1.25 million in a single round in established, revenue-earning businesses based in the North East of England. It manages the fund from Newcastle upon Tyne.
Tees Valley Catalyst Fund
The £10 million fund allows North East businesses to apply for short-term finance to fund performance and warranty bonds. FW Capital manages the fund on behalf of Tees Valley Unlimited from its Billingham office.
xénos
xénos, Wales' business angel network is a subsidiary of Finance Wales plc. It provides Welsh businesses the opportunity to network with private investors.