Silbury Finance, backed by Oaktree Capital Management, has announced the expansion of its senior leadership team.
Matt Taylor joins as chief financial & operating officer and Andrew Fairley steps in as head of credit.
These appointments, effective immediately, are part of Silbury’s strategy to enhance its platform ahead of 2024’s growth objectives.
Matt Taylor will oversee the scaling of Silbury’s finance and compliance operations, aiming to support rapid business growth and optimize returns for stakeholders.
With a background as CFO in two Oaktree-backed development businesses, Taylor has extensive experience in managing residential projects across the UK and Europe and has been instrumental in securing over £800 million in finance.
Andrew Fairley will lead the firm’s credit underwriting and portfolio management. His over 25 years of experience in corporate banking and credit risk, especially in residential development, includes senior roles at Paragon Development Finance, Housing Growth Partnership, and Lloyds Banking Group.
Additionally, Jamie Rahder has been promoted to head of origination, responsible for leading the origination and execution of Silbury’s lending strategy in the Living sector.
Since its launch in January 2021, Silbury has funded over £1bn in projects, establishing itself as a key player in investment finance for various residential schemes in England.
The company’s success in the retirement living sector led to it winning ‘Lender of the Year’ at the 2023 HealthInvestor Seniors Housing Awards.
Gavin Eustace, CEO of Silbury Finance, commented on the appointments: “These are key senior appointments as we scale the platform, enhancing key functions, including risk and compliance, and enabling us to continue delivering a best-in-class service to both existing and prospective borrowers.
“Matt, Jamie, and Andrew bring a wealth of institutional-level experience from a combined 50 years in senior roles at sector-leading organisations.
“I look forward to working closely with them as we accelerate our deployment ambitions and expand our Living sector exposure into the purpose-built student accommodation, Build to Rent, and co-living sectors.”
Matt Taylor also expressed his enthusiasm: “Silbury’s growth has been extremely impressive over the last few years, and I have seen the business establish itself as a leading provider of development finance across the Living sector, alongside a dynamic mix of institutional, corporate, and SME borrowers.
“I am excited to work with Gavin and the rest of the team to build on the firm’s strong track record and further enhance its offering.”
