Dual appointment for growing northern debt fund
Manchester-based Tosca Debt Capital (TDC) has added two senior recruits to its team.
Victoria Daly joins as TDC’s new Portfolio Director, having spent seven years with Lloyds Banking Group, rising to the position of Director of Strategic Debt Finance. With 16 years’ corporate advisory and lending experience, Victoria has underwritten debt funding in excess of £1billion and will be responsible for managing TDC’s growing investment portfolio and supporting the deal structuring process.
Having trained in EY’s Capital and Debt Advisory team, Thomas Chappell joins as an Investment Analyst and will help to structure and execute investment opportunities, whilst reviewing and analysing TDC’s existing portfolio. His experience includes a number of debt-related corporate finance transactions ranging from acquisition, growth capital raising and refinance.
The expanded team will support TDC’s continued growth with the anticipated close of Fund II later this year. The team has completed 10 transactions since launching in September 2015, investing c.£90million in businesses across the North of England, including de Poel, Verdant Leisure and Quint Group.
Richard Williams, TDC Partner, said: “Vicki and Tom have fantastic credentials and proven track records in the corporate finance and banking markets. Their experience will be a real asset to TDC as we continue to build our portfolio with solid investments and confirms our commitment to building a skilled team focused on the regional market and its growing business community.”
TDC has also promoted Oliver Reece to the position of Investment Director. Oliver joined the team in March 2016 and has helped to build a successful portfolio and maintain strong client relationships.