VICTORIAN-headquartered fund manager Payton Capital is expanding its reach with new offices opening in Perth and the Gold Coast.
The now operational offices will complement Payton’s headquarters in Melbourne and existing footprint in Sydney and Brisbane.
The WA office has already established a strong lending pipeline and recently approved its first transaction for a Jandakot site.
“Having a presence on the west coast and additional presence in South-East Queensland opens up significant opportunities for us to grow Payton’s assets under management in two dynamic markets. The new offices are a major step forward in a year of extensive growth,” said Craig Schloeffel, co-head at Payton Capital.
“We are confident that with the building private credit market throughout the country and a strong team for both locations, we are well-positioned to continue expanding the business.”
Brendan Arundell has been appointed as relationship director at the Perth office, bringing years of experience working in senior positions at CVS Lane, KPMG and NAB.
With Rebecca Finlayson also appointed in WA as senior relationship manager, bringing experience from positions at BOQ, Westpac and NAB.
While the Gold Coast will be led by Chris Bevans as investment director and Gary Parkin as senior relationship director.
The latest expansive move comes a year after Payton established its presence in Brisbane and months after its acquisition by leading alternative asset manager HMC Capital in July.