TCF Capital Funding has promoted James Kuncl to Senior Vice President. Since joining TCF Capital Funding in March 2012, Mr. Kuncl has been instrumental in building private equity client relationships, structuring transactions, and leading the underwriting process.
Prior to joining TCF Capital Funding, Mr. Kuncl held Vice President roles with both MFC Capital Funding and GE, and was a Credit Officer at Bank of Tokyo-Mitsubishi. He began his career at Fifth Third Bank in their Structured Finance Group. Mr. Kuncl is a graduate of the University of Illinois and received his MBA from Northwestern University.
“This promotion is reflective of Jim’s hard work and contributions to our team. I am confident that with his experience in originating and underwriting transactions, Jim will continue to drive growth,” said Joseph Gaffigan, President of TCF Capital Funding.
In addition, TCF Capital Funding announced the hiring of Scott Nielsen, Karim Hooda, Mike Trojanowski, Joe Horwath, and Kristin Montgomery. Mr. Nielsen focuses on new business development. Mr. Hooda, Mr. Horwath, and Mr. Trojanowski focus on structuring and underwriting new investments as well as engaging in portfolio management. Ms. Montgomery joins the operations team as a collateral analyst.
TCF Capital Funding provides asset-based loans and private equity sponsor-backed cash flow loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA. The firm is based just outside of Chicago in Burr Ridge, IL (www.tcfcapitalfunding.com).
TCF Capital Funding is the cash flow and asset-based lending division of TCF National Bank, a wholly-owned subsidiary of TCF Financial Corporation (NYSE: TCB), a Wayzata, MN-based national bank holding company. As of June 30, 2014, TCF had $18.8 billion in total assets and 380 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota (www.tcfbank.com).
2014 PEPD • Private Equity’s Leading News Magazine • 8-19-14