PALLAS Capital has appointed new partners to its distribution team in Brad Gowenlock and Esther Fang.
Gowenlock and Fang will work out of Pallas Capital’s Sydney and Melbourne offices respectively, where they will service high net worth investors, family offices and institutional investors both in Australia and more broadly across the Asia Pacific region.
Gowenlock has 30 years of experience working in the finance sector across Sydney, Tokyo and Singapore, working as Head of Rates at Tullett Prebon Australia most recently and having held numerous positions prior to this including senior roles at BGC and GFI Group.
“I was introduced to the non-bank lending space by both Mark Spring and Craig Bannister, whom I’ve known for over 25 years, along with our Executive Chairman Patrick Keenan. Pallas Capital displays an exceptional level of professionalism and service towards its clients, making sure they have a seamless investment experience,” said Gowenlock.
Meanwhile Fang’s experience in fund management is extensive, having worked across the Asia Pacific.
“In this role, I look forward to supporting Pallas Capital’s growth, especially by strengthening its ties with UHNW families in Asia who would be delighted to become valuable investors,” says Esther Fang, Partner – Distribution, Pallas Capital.
Fang is fully RG146 compliant with ASIC, a Certified FRM-Financial Risk Manager and a Level 3 Chartered Financial Analyst (CFA) candidate and has recently been awarded a CFA Women’s Scholarship.
“In the two-year period from January 2020 to the present day, Pallas Group’s headcount has grown by almost 300% to service this demand. Whilst we remain focused on building our HNW client business, this year will see a greater focus on growing our market share in the Wealth Planning and Institutional space,” says Mark Spring, executive director at Pallas Capital.
Spring noted that the non-bank lending sector is forecast to boom from $18 billion in 2020 to $56 billion in 2025 (CAGR 25%).
Having predicted a strong year for lending, after deploying more than $100 million over the summer through its the Pallas Funding Trust, Pallas Capital has recently provided funding for Fortis’ $44 million acquisition for Bronte residential development site with an end value of $125 million.
