National Wealth Fund
BankingEngland, United Kingdom201-500 Employees
National Wealth Fund is a banking entity based in Leeds, England, United Kingdom, with 201-500 employees. It has £27.8 billion to invest and aims to mobilise private capital around government strategic priorities, while also providing advisory and lending services to local authorities. The fund is wholly owned and backed by HM Treasury but operates with operational independence, and it is not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. Its mandate includes tackling climate change, promoting regional and local economic growth, generating a positive financial return, and being additional in the market to mobilise private finance. Recent activity includes investments and partnerships across infrastructure, energy, and technology, such as backing Associated British Ports and Roam Charging, investing in Highview Power, and collaborating with the Offshore Wind Growth Partnership and Construction Ltd; non-executive directors were appointed, including Nigel Topping.