TDC crowned top regional funder for second consecutive year

TDC has been named the North West’s top regional lender after winning Funder of the Year at the 2018 Rainmaker Awards.

It’s the second consecutive win for the leading private credit fund, scooping the award following an impressive 12 months, which saw three successful exits, including the disposal of recruitment outsourcing giant, de Poel, to MSX International, a portfolio company of Bain Capital, six investments completed and the raising of a £237.6m second Fund.

Hosted by TheBusinessDesk.com, the Rainmaker Awards celebrate the achievements of the region’s corporate finance community, with each of the winners nominated and voted for by their peers.

TDC partner, Richard Williams, said: “It’s a real honour to have been recognised by our peers within the North West dealmaking community and to retain this title for the second year running.

“We launched TDC to invest into regional businesses and help them to achieve their ambitions, and in doing so shake up the London-centric outlook and bias. Without TDC, the North of England would not have had access to the £330m of institutional capital that we’ve raised so far. We’re on an exciting growth path and we remain on course to raise £1billion of investment by 2023.”

Alex Turner, joint managing director of TheBusinessDesk.Com, added: “These awards are a celebration of everything that is great about the corporate finance community in the North West.

“What sets the Rainmaker Awards apart is the fact they are voted on by the corporate finance community through an online survey. That means that the people, teams and businesses who have done the best work over the last 12 months are the ones who were recognised on the night.”