Fundraising

TDC has secured additional commitments to its Impact Fund, unlocking vital resources for ambitious small businesses in the North of England. The Impact Fund, which focuses on driving job creation across the North of England, was launched in May 2022 after securing cornerstone commitments totaling £40m from British Business Investments and the Greater Manchester Pension...

British Business Investments, a commercial subsidiary of the British Business Bank, has announced a commitment of £50m to Tosca Debt Capital’s (TDC) third fund (‘Fund III’) at first close, with the fund targeting a final close of £300m later this year. As with TDC’s previous two funds, Fund III will continue to focus on funding...

Tosca Debt Capital (“TDC”) has marked a busy period of dealmaking activity by completing five deals and deploying more than £70m of institutional capital over the last quarter. Included within TDC’s latest transactions is the recent LDC acquisition of Plimsoll Productions – in a deal valuing the company at c.£80m – to support the independent...

Supporting the regions in which we operate is part of our DNA and this commitment goes beyond the investments we make, by partnering with likeminded organisations, projects and causes where we can deploy our unique expertise to help them deliver their mission. We recently formed a new partnership with social impact investment company, Resonance, and...

Tosca Debt Capital (TDC) has strengthened its ethical practices by committing to make responsible investing one of its core values. The business has become a Principles for Responsible Investment (PRI) signatory and commits to the organisation’s six principles, which include ‘incorporating ESG (environmental, social and governance) issues into investment analysis and decision-making processes’ and ‘promoting...

Tosca Debt Capital (TDC) has announced a £237.6million final close of its second fund (‘Fund II’). Fund II was raised from a number of investors who subscribed to Fund I, which closed in 2016 and has been fully invested, but also attracted significant new institutional investors including British Business Investments, the commercial arm of the...