North West fund manager River Capital has today announced the opening of its new permanent office at Cotton Court, Church Street, Preston.
This expansion marks another milestone in the company’s commitment to supporting businesses across the North West region. Building on its Liverpool and Manchester offices, it demonstrates River Capital’s dedication to deeper engagement with the Lancashire business community, enhancing the firm’s ability to identify, support, and grow promising enterprises throughout the region.
The new Preston office will serve as a key hub enabling River Capital to deliver its full range of funding solutions, including the Northern Powerhouse Investment Fund II, North West Business Growth Loan Fund and North West Private Equity Fund to SMEs in Lancashire and the wider NW. These funding streams enable River Capital to provide crucial capital and support to businesses across various sectors and growth stages.
River Capital also operates from a Cumbrian Hub that allows them to deploy the same funds across the county.
River Capital CEO Mark Borzomato said:
“Our new Preston office reflects our long-term commitment to the North West and our belief in the region’s enormous potential. By establishing a permanent presence in Lancashire, we can better serve local businesses and strengthen our relationships with the entrepreneurial community that makes this area a fantastic area to do business.”
River Capital has already made significant investments in Lancashire based companies, demonstrating its commitment to the region’s economic development. Notable investments include Cornerbrook Training Ltd, a leading specialist in their sector; Designerwear, an innovative company in the fashion and design space; Barons Furniture, a specialist contract furniture manufacture with strong regional roots, Kids Party Bus, a unique child entertainment service provider; and NW1 Theatres, supporting the region’s vibrant cultural sector.
John Gray, Head of Debt at River Capital said:
“These investments showcase the diversity and quality of businesses emerging from Lancashire. Our new permanent base will allow us to identify and support even more SMEs, contributing to job creation and economic growth across the North West.”
The Cotton Court location positions River Capital at the heart of Preston’s business district, providing easy access for existing and potential portfolio companies throughout Lancashire and the broader North West region.