PAYTON Capital has appointed former senior MaxCap brass Mark Heaven as its chief operating officer.
Heaven brings over 25 years of experience in finance, strategy, operations, governance, and accounting to Payton. He joins the business from his most recent position as COO at MaxCap, one of Australia’s largest investment managers specialising in providing debt and equity solutions to commercial real estate (CRE) developers.
Under Heaven, MaxCap’s funds under management surged from $150 million to $7 billion.
Heaven has also occupied leadership positions in prominent retail and wholesale funds management firms, including Aviva, Colonial, Herschel Asset Management, Perennial Investment Partners, and EMR Capital.
David Payton, CEO at Payton Capital, said an appointment the calibre of Heaven is a “significant update for the business”.
“Mark is very well regarded within the private CRE debt industry, and we are excited to have him on board,” said Payton.
“We know that there is strong momentum and opportunity building in Australia’s CRE debt market which is expected to grow to more than $144 billion in the next 5 years and we look forward to utilising Mark’s expertise to help us gain a significant market share.”
Heaven said, “joining Payton Capital presents an exciting opportunity to leverage my experience in finance and operations to contribute to the continued success of this dynamic organisation.
“I look forward to driving positive results for the business and our clients as we navigate this exciting growth phase together.”
Heaven’s responsibilities at Payton will encompass the oversight of the corporate and investment operations platform, IT, inclusive of cyber-security, and people and culture, and ESG initiatives.
