ThinCats strengthens portfolio management team
ThinCats, the leading alternative finance provider to mid-sized SMEs, has announced today the appointment of Dean Graham as portfolio manager.
Dean joins from Fair Oaks Capital where he helped establish their corporate credit platform. He has over 10 years’ experience in corporate credit and structured finance, including four years at Lloyds Banking Group and five years at Mediterranean Bank.
Working in ThinCats’ London office, Dean’s appointment will bolster the company’s portfolio management and structured finance capability following strong recent growth in ThinCats’ loan book to more than £650m.
Dean will we be working closely with ThinCats’ panel of senior lenders and institutional investors while further developing ThinCats’ proposition for both public and private markets.
Dean Graham, portfolio manager, ThinCats: “I’m delighted to be on board. ThinCats has developed a strong position in the market as one of the leading alternative finance providers in the UK. As ThinCats funds increasing numbers of mid-sized SMEs, I look forward to enabling more investors to support the growth ambitions of UK businesses while earning attractive risk adjusted returns.”
Ravi Anand, Managing Director, ThinCats: “I’m very pleased to have Dean joining the team. ThinCats has equity in place to support a £2bn loan book so we are starting to deliver real scale in this sector. Our analysis of how SMEs fared during the pandemic shows that the mid-sized “Ms” on which we focus have come through in much better financial shape than small businesses. This supports our view that mid-sized SME debt is emerging as a standalone asset class within the private and public debt space. Dean’s knowledge and expertise in this area will be vital for bringing these benefits to a wider audience of investors.”
ThinCats is a market leading alternative lender serving mid-sized SMEs, providing loans between £1m to £15m. To date they have lent over £1.2bn and are supported by a range of institutional capital and senior funding. Including, BAE Systems Pension Fund, Insight Investments, Barclays and Citi.