LendInvest capital expands team
By Alex LynnThe fund management and advisory arm of LendInvest has appointed a former Scotiabank fund distributor after the firm's funds under management (FUM) surged 12% in March
Jesse Mosebye joins online mortgage specialist LendInvest Capital from Scotiabank, and will work to broaden the team’s investor relationships among larger institutions.
Rod Lockhart, Managing Director of LendInvest Capital, said: “Jesse joins LendInvest Capital at an exciting time when interest is surging from investors attracted to our income-led, low-volatility investment proposition.
“Jesse’s experience is a great fit for the LendInvest Capital team and his investor network complements our existing relationships very well.”
Jesse Mosebye spent five years in the European Capital Introductions team at Scotiabank prior to the move, and was responsible for building relationships for hedge fund and asset management clients.
Following their record growth in March, the firm is expanding its team in order to capitalise on a bank funding deficit in the UK real-estate lending market.
LendInvest Capital currently manages over £85m in two discretionary funds on behalf of institutional investors, banks and private clients across the UK, Europe and Asia.
Its Luxembourg-based flagship fund, the Real Estate Opportunity Fund, has returned between 8% and 10% each year since inception.
LendInvest was the UK’s first online property lender, and has originated over £640m of loans for borrowers.
The company’s team has grown from 30 to 100 employees over the past year, following £39m in equity investment from two international investors.
Keywords: Bridging Finance, Commercial Finance, Bridging Lender, Commercial Lender, Alternative Finance, Broker news, Bridging loans, LendInvest, LendInvest Capital, Real Estate Opportunity Fund, Jesse Mosebye, Rod Lockhart
Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/lendinvest-capital-expands-team