The National Wealth Fund is a UK government-owned investment institution that mobilises private capital for clean energy, industrial transformation, and regional growth. It was rebranded from the UK Infrastructure Bank in October 2024 and has £27.8 billion (~$36.9 billion) of core capitalisation to deploy across transformational UK projects.
Average disclosed round size is $158.5M (across 6 rounds with reported amounts).
Portfolio
6
Fund Size
$36.9B
Top Stage
Unknown
Last 12 Mo
0
Team
James Thelwell
Managing Director
Chloe Evans
Assistant Director
Peter Clifton
Director
CF
Craig Fairey
CFO
CH
Colin Hudson
Managing Director
IE
Ingrid Edmund
Managing Director, Private Sector Finance
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
Top Co-Investors
Latitude4 shared
Northern Gritstone4 shared
Cambridge Innovation Capital4 shared
British Patient Capital4 shared
Prosperity7 Ventures4 shared
In-Q-Tel3 shared
Lazard2 shared
Future Fund1 shared
British Business Bank1 shared
British Business Investments1 shared
Hostplus1 shared
bp ventures1 shared
NVentures1 shared
ENEOS1 shared
Zouk Capital1 shared
NatWest Group1 shared
Rabobank1 shared
Phoenix Court Group1 shared
Last updated: 20 October 2026