NorthEdge Capital, the private equity firm focused on investing in businesses in the North of England, has been awarded a prestigious BVCA accolade for its commitment to responsible investment.
The British Private Equity & Venture Capital Association (BVCA) Responsible Investment Awards recognise outstanding Environmental, Social and Governance (ESG) practices in private equity and venture capital.
The firm was presented with the esteemed award in recognition of its ESG framework. ESG forms a fundamental part of the firm’s investment process, helping to create long-term, sustainable value and to maximise risk-adjusted return for investors.
The awards panel commented: “For a very new business it is very impressive that NorthEdge have taken so much time and put so much thought into their ESG practices so early. It is really great to see them mentoring other firms. NorthEdge clearly deserve the award for their framework as it is outstanding how quickly they have progressed despite the age of their firm”.
NorthEdge, which operates from Manchester and Leeds, focuses exclusively on Northern-based companies seeking equity investments to support MBOs, development capital and equity release.
Grant Berry, Managing Partner at NorthEdge Capital, commented: “I am extremely proud that NorthEdge has been recognised for our continued commitment to responsible investment. The award is another feather in our cap after an exciting 12 months that has seen us invest over £80 million across five businesses in the North of England. ESG can protect and build value in businesses of all shapes and sizes and will therefore remain a high priority.”
Investment Executive, George Potts, collects the award for NorthEdge.