Toby Furnivall appointed Managing Director of Triple Point Private Credit as Neil Richards steps down
Triple Point, the purpose led investment manager, announces that Toby Furnivall has been appointed Managing Director of Triple Point Private Credit. Neil Richards will be leaving his role as Head of Private Credit, having made a significant contribution to the firm over the past decade.
In his role as Managing Director of Private Credit, Toby will work alongside the 50-strong Private Credit team to ensure a seamless transition and continued success. Toby previously held the position of Chief Commercial Officer in the Private Credit team and has 17 years lending experience.
During Neil’s tenure, he has played a pivotal role in establishing and guiding the Private Credit team, positioning Triple Point as one of the foremost non-bank lenders in the UK.
James Cranmer, Managing Partner of Triple Point commented, “We look forward to the next chapter of Triple Point Private Credit under Toby’s leadership and have confidence in our continued distinction and excellence in a competitive market. “Over the past decade Neil, alongside our dedicated Private Credit team, has been central to shaping the division which has ultimately resulted in the portfolio reaching the landmark milestone of £1 billion this year. He will depart Triple Point on a high. We are ever grateful for the foundation Neil and his team have laid."
Toby Furnivall, Managing Director of Triple Point Private Credit added; “Reflecting on the significant milestones of the division, Neil's consistent mentorship and guidance have been invaluable. As I step into the role of Managing Director of Triple Point Private Credit, I look forward to building on this robust foundation and working with the team to ensure we continue to deliver tailored financing solutions to our wide range of end markets. We have developed five strong origination teams providing access to capital for both public and private sector organisations alike. This breadth of offering is distinct in the non-bank market, allowing us to build a significant portfolio and one that I look forward to leading the business in growing materially over the coming years."
