10.8 C
Manchester
Friday, October 17, 2025
AppointmentsTosca Debt Capital lays the foundation for further growth with new hire

Tosca Debt Capital lays the foundation for further growth with new hire

Tosca Debt Capital (TDC), the only regionally-based and focussed private debt fund, has recruited a senior executive assistant and office manager to support the team’s 2023 vision of reaching a £1billion fund.

Ria Cajee joins the Manchester-based business to assist its team of experienced credit and relationship fund managers, which grew by a third during the last 12 months. Her extensive experience includes providing high level business and personal support to a number of senior executives across publicly listed and privately owned companies in the North West of England and London. She brings a wealth of experience across property, financial services and retail sectors.

Since launching in September 2015, TDC has raised funds of c£330million and invested £168million into 15 regional SMEs across the North of England seeking funding to support strategic growth plans.

During the last 12 months, the business delivered eight transactions totalling more than £100million, completed three successful exits and raised a £237.6million Fund II, which attracted significant new institutional investors, including British Business Investments, the commercial arm of the British Business Bank and Strathclyde Pension Fund.

Gary Davison, partner at TDC, said: “Ria brings an excellent track record of supporting senior executives and businesses throughout different stages of growth and her experience across varied sectors is highly valuable for our increasingly diverse investment portfolio of regional SMEs.

“Our strengthening team further demonstrates our commitment to support regional businesses to achieve their ambitions. Having laid a solid foundation, it is an exciting time for TDC as we enter our next phase of growth and continue with our 2023 strategic growth plan, which will deliver much needed investment to drive the northern economies and create new jobs.”

Ria added: “I’m excited to be part of a business that’s still in its infancy and with such ambitions. TDC has found its niche and the funding that the team delivers helps to make a real difference to the health and wealth of the northern region.”

Latest

Fire festival returns to light up Rochdale with displays, ice rink and Christmas market

The countdown to Christmas begins in Rochdale next month with the return of the spectacular Ignite Fire Festival and magical family entertainment leading up...

How different indexes reflect the balance between growth and stability

When people talk about “the market,” they often reference one of the major stock indexes — but not all indexes are created equal. Each...

RentX Launch Poised to Change Private Transport Booking in the US

A new platform has arrived with the ambition to transform the way Americans organise private transport. From stylish wedding cars and sleek limousines to party...

Eight Engines Shortlisted for Prestigious GMCC Small Business of the Year Award

Manchester’s own video marketing specialists, Eight Engines, have been shortlisted for the Small Business of the Year Award by the Greater Manchester Chamber of...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Eight Engines Shortlisted for Prestigious GMCC Small Business of the Year Award

Manchester’s own video marketing specialists, Eight Engines, have been shortlisted for the Small Business of the Year Award by the Greater Manchester Chamber of...

Avensure CEO Chris Garner Recognised Among the UK’s Top 50 Most Ambitious Business Leaders

LDC and The Times honour Chris Garner for driving Avensure’s ambitious plan to triple its growth and expand its HR software worldwide. Chris Garner, Founder...

RentX Launch Poised to Change Private Transport Booking in the US

A new platform has arrived with the ambition to transform the way Americans organise private transport. From stylish wedding cars and sleek limousines to party...

How different indexes reflect the balance between growth and stability

When people talk about “the market,” they often reference one of the major stock indexes — but not all indexes are created equal. Each...

More News

Zen Internet strengthens business division with appointment of Jon Nowell

Rochdale based Zen Internet, the UK’s longest standing independent telecommunications and network connectivity provider, has appointed Jon Nowell as managing director of its Business...

Unhooked appointed to promote Oxford Innovation’s new Bolton centre

Stockport-based PR agency, Unhooked Communications, has been appointed to deliver the PR campaign for The Wellsprings, Oxford Innovation’s newest innovation centre in Bolton. Part of the...

CTI Digital appoints new CEO to drive innovation and growth

CTI Digital, the North West-based full-service digital agency, has appointed Chris Burgess as its new Chief Executive Officer to lead its growth strategy and...