Newcastle-based Investment firm teams up with ‘North East Roots Homecoming’ to help drive regional growth, celebrate success and boost economic investment

02 Dec 2025

Leading North East investment company, Develop North PLC, managed by Newcastle upon Tyne based fund management specialists, Tier One Capital Ltd (Tier One), has partnered with Community Foundation North East for the inaugural North East Roots Homecoming (Homecoming) - a landmark celebration of the region’s global community and ambition.

Taking place between 5th – 8th December, Homecoming will bring together people with strong ties to the North East of England to reconnect, share ideas, and make a lasting impact - and to help support and drive economic growth and regeneration of the region.

The event series forms part of the North East Roots initiative, which aims to inspire giving, celebrate success stories, and create pathways to opportunity for those who need them most. The program includes networking events, cultural showcases, and a high-profile summit focused on engaging diaspora and boosting inward economic investment.

As part of the celebrations, Develop North PLC’s, Residential and Real Estate Fund Manager and Founder and Director of Home or Houses Ltd, Jackie Fitzgerald will join the Homecoming Summit at Northumbria University on Monday 8 December as a panellist, discussing inward investment and the international reach of the region.

Later that evening, Michelle Percy, from Develop North PLC’s Advisory Board, will present a Homecoming Award at the Boiler Shop in Newcastle, recognising a local business for its success and charitable aims.

Since its inception in 2017, Develop North PLC has supported more than 43 developments with a combined Gross Development Value (GDV) of over £280m and helped create over 12,000 jobs. To date, the company has deployed almost £90m in capital, with 16 projects in its current live portfolio, more than two-thirds of which are in the North East of England.

Ian McElroy, Chief Executive of Tier One Capital and Director of Develop North PLC, said: “Homecoming is a fantastic opportunity to showcase the ambition and talent that makes the North East such a vibrant place to live, work and invest.

“Develop North PLC is proud to support this initiative and play a role in driving inward investment and regeneration across the region.”

John Hollingsworth, Chief Philanthropy Officer at Community Foundation North East, added: “Homecoming is about more than celebration, it’s about connection and a commitment to the North East. We are delighted to be working alongside Develop North PLC who share the same commitment to our region. By engaging our global North East community, we can bring opportunity home, unlocking investment, ideas, and support for the region we love.”

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