Development finance lender Atelier Capital Partners appoints CFO
Atelier Capital Partners, the short-term lender, has announced three further hires, including Paul Silva as chief financial officer.
The latest hires come shortly after Atelier made four high calibre additions to its credit and risk team in May. They are:
- Paul Silva, chief financial officer: joins from Puma Property Finance, where he was finance director
- Smithi Sharma, operations & assurance analyst: joins from Kensington Mortgages, where she was a financial crime investigator
- Laurence Robinson, portfolio manager: joins from Link Asset Services, where he was asset manager & business analyst
Atelier Capital Partners, which officially launched in January 2020, offers a range of short-term and development finance solutions for a term of up to 24 months to professional small and medium-sized residential developers and property companies.
The lender’s focus is primarily on schemes and assets on brownfield sites that support urban regeneration and the ‘upcycling’ of UK real estate assets. It lends for land acquisition, light and heavy refurbishment, development, auction and more general commercial purposes.
Keith Aldridge, co-founder of Atelier Capital Partners, commented:
“The current uncertainty in the market also brings opportunity and we are confident that demand from developers will bounce back as a degree of normality returns. Last month we made four additions to our Credit and Risk team and I’m now thrilled to welcome aboard Paul, Smithi and Laurence, all of whom bring masses of experience and entrepreneurialism.
“Nobody is expecting a smooth ride for the property market or the wider economy in the months and potentially years ahead, but the supply deficit and the need to build homes remains high. Our message to brokers and developers alike is we are here, we are open for business and feel we can offer high certainty around deal execution given our institutional funding.”
