Assetz Capital appoints UK director
Assetz Capital has promoted Andrew Fraser (pictured) to UK director for the north.
Fraser has over 20 years’ experience and will lead a team covering the North East, Scotland and Northern Ireland.
He joined the business in 2015 and has originated more than £100m of loans in Northern Ireland, with more than 50% made up of development finance, which has created over 700 new homes.
He has also originated £35m through the government-backed Coronavirus Business Interruption Loan Scheme (CBILS), helping to provide the provision of finance to small to medium enterprises (SMEs) during the COVID-19 pandemic.
Mark Standley, national commercial director of Assetz Capital, said: “Andrew has an approach to relationship building and deal making that I am sure will complement the team as they push on with the market development activity and growth initiatives already in play.
“2021 is set to be a significant year for us as we capitalise on our CBILS pipeline and support SMEs across the UK as the economy returns to some form of normality post-COVID.”
Fraser added: “It will be SMEs and housebuilders that drive the whole economy forward in the years to come – and we will be there to support them.
“I’m relishing the task of leading the team to have an even bigger impact across the North East, Scotland and Northern Ireland.”