River Capital has taken a significant step by opening a new office in Manchester city centre. This office is located in the Bruntwood BLOC building on Marble Street. Meanwhile, the firm continues to manage an expanding portfolio of funds aimed at supporting SMEs in the North West.
The new Manchester office will complement their Liverpool headquarters. River Capital now manages a wider variety of funds and aims to help small and medium-sized enterprises (SMEs) across the region. This expansion underscores their commitment to fostering business growth.
New Manchester Office
River Capital has opened a new office in Manchester city centre. This office is located in the Bruntwood BLOC building on Marble Street. It’s a significant step for the firm.
The new Manchester office will complement their Liverpool headquarters. River Capital now manages an expanding portfolio of funds and aims to support small and medium-sized enterprises (SMEs) in the North West.
Fund Expansion
River Capital’s expansion comes on the heels of a £10 million investment from the Greater Manchester Pension Fund. This investment was delivered by TDC and strengthens the North West Business Growth Loan offering.
The newly opened office will serve as a hub for all of River Capital’s growing funds. These funds include the North West Private Equity Fund and the evergreen EIS fund. There’s also fund:AI, the North’s first dedicated artificial intelligence investment fund.
River Capital offers a range of financial packages from £25,000 to £2 million across the North West. The team includes 25 skilled professionals.
Commitment to the North West
Mark Borzomato, CEO of River Capital, shared his thoughts. He said, “The opening of our Manchester office represents a landmark moment. It underpins our commitment to support the wider North West business base.”
Borzomato expressed the company’s ambition to build on their 25-year track record. He intends to fuel the ambitions of more SMEs in the region. The company now manages over £100 million in funds.”The new office will enable us to work closely with local entrepreneurs, advisors and investors,” he added.
By providing not just capital, but also hands-on support and expertise, River Capital aims to drive sustainable growth.
Additional Offices
River Capital is increasing its presence beyond Manchester and Liverpool. The firm has opened satellite hubs in Preston and Kendal.
These hubs will provide local businesses in Lancashire and Cumbria access to River Capital’s full funding solutions. The expansion aims to support the local business community.
The British Business Bank’s Northern Powerhouse Investment Fund II Smaller Loans Fund also contributed to these new locations.
Range of Financial Packages
River Capital offers various debt, venture, and equity packages. These range from £25,000 to £2 million.
The firm is dedicated to supporting businesses with a local presence. They provide not just capital, but also hands-on expertise.
This blend of financial and advisory support aims to drive sustainable growth for SMEs in the North West.
CEO’s Vision
CEO Mark Borzomato envisions a bright future for River Capital. He believes the new office will strengthen their support for SMEs.
He aims to leverage their 25-year track record. The goal is to fuel the ambitions of more businesses in the region.
Supporting Innovation
One of the standout funds managed by River Capital is fund:AI. This is the North’s first dedicated artificial intelligence investment fund.
This fund aims to support AI-driven innovations in the North West. It reflects River Capital’s commitment to supporting cutting-edge technologies.
Team and Expertise
River Capital’s team consists of 25 skilled professionals.
The team brings a wealth of experience in managing various financial packages. This expertise is essential in driving sustainable growth for SMEs.
Strategic Location
The choice of the Bruntwood BLOC building in Manchester is strategic. It allows River Capital to be at the heart of a bustling business hub.
This location will enable the firm to work closely with local entrepreneurs.
The firm aims to provide not just capital but also expert advice.
The opening of River Capital’s new Manchester office marks a pivotal moment in its growth journey. This move reflects their dedication to supporting SMEs across the North West region.
With an expanded portfolio and strategic hubs, River Capital is well-positioned to provide essential financial support and expertise. This ensures sustainable business growth.