As Seen In Development Finance Today: 'Clearwell Capital Secures Funding Line With Fasanara Capital'
Ed Marley-Shaw, CEO at Clearwell Capital, said: “We are proud to have entered into this partnership with Fasanara Capital which will enable us to continue the long-term development of Clearwell Capital through helping developers to build much needed houses and flats in areas of strong demand”
Francesco Filia, CEO at Fasanara Capital, added “We chose Clearwell as a partner as they offer the right combination of risk management experience and tech enabled loan processing and underwriting techniques. We are honoured to have joined forces with Clearwell to provide another opportunity for institutional investors to channel funds efficiently into the real economy and have an impact”.
Clearwell Capital, a specialist residential property development financier, today announces the successful completion of a funding line with Fasanara Capital. This funding will enable Clearwell Capital to further expand its support to small and medium sized developers who are looking for flexible funding solutions to help them build residential units across the UK.
Clearwell Capital was founded in 2013 by Ed Marley-Shaw and has provided lending to facilitate the construction of over 600 homes to date. The company provides bespoke secured development finance, including mezzanine loans, to experienced borrowers on residential development schemes across the UK. Clearwell Capital prides itself on its strong customer service proposition, combining a flexible approach with clear, fast feedback thus helping to build and sustain strong long-term relationships with developers and introducers.
Fasanara Capital is an independent, owner-managed alternative asset management company authorized and regulated by the Financial Conduct Authority. Co-founded by CEO Francesco Filia in 2011, Fasanara Capital is based in London with alliance offices in Milan. Fasanara Capital offer access to a range of inventive multi-asset capacity-constrained niche products. Fasanara Capital's unorthodox portfolio construction and unconventional investment strategy is a response to today’s transformational markets.
Clearwell Capital Adds To Team With Two New Hires
Clearwell Capital is pleased to announce the recruitment of two new hires to the team, Andre Brink & Manraj Gill.
Andre joins as a Data Scientist responsible for further enhancing Clearwell Capital's tech-enabled loan processing and underwriting techniques.
Manraj joins as an Investment Analyst, responsible for supporting the origination and execution teams, on the back of the teams experiencing a significant uptick in deal-flow.
Clearwell Capital Recruits Head of Credit
Clearwell Capital is pleased to announce the recruitment of Gemma Iannaccone as Head of Credit.
Gemma has 22 years experience in UK commercial property and lending. She joins from Urban Exposure where she spent 8 years and was responsible for the credit function.
At Clearwell Capital, Gemma will be responsible for the underwriting and execution of new loans and asset management of loans made.