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UK National Wealth Fund

The National Wealth Fund invests in capital-intensive projects, businesses and assets across the UK that support the government's growth and clean energy missions. They operate across both private sector financing (£23.8bn allocated) and local authority services, providing loans, guarantees, equity investments, and advisory support.

Check Size

$25M+

Stages

Not specified

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Investment Thesis

The National Wealth Fund operates as the UK government’s principal investor and policy bank, deploying capital at scale to support two strategic objectives: regional and local economic growth and tackling climate change. Their investment approach is guided by a ‘triple bottom line’ that balances helping deliver government missions, generating financial returns for the taxpayer, and crowding in private capital. They emphasize additionality and impact, ensuring their investments fill genuine market gaps and contribute positively to society and the environment.

What They Look For

What They Don't Invest In

extraction of crude oil, production of crude oil, transportation of crude oil, refining of crude oil, extraction of natural gas, production of natural gas, transportation of natural gas, refining of natural gas, extraction of thermal coal, production of thermal coal, transportation of thermal coal, refining of thermal coal, fossil-fuel fired power plants, distressed companies, bailouts

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