Toscafund announces its latest senior hire to head up credit management and deal underwriting for its new Manchester-based regional debt fund. Mark Metcalf, 47, will join the Tosca Debt Capital Fund (TDCF) team as Head of Credit after spending more than 10 years as credit risk director with the Manchester office of Wells Fargo Capital...

Toscafund has launched a new regional debt fund, focused on offering flexible debt capital to SMEs. The Tosca Debt Capital Fund (TDCF) aims to initially raise £110m by January 2016 and establish itself as the lender of choice for UK regional SMEs seeking flexible debt capital. Tailored debt structures with cash preservation features will facilitate...