EXCLUSIVE: Tim Parkes steps down as CEO of RAW Capital Partners
Parkes will stay on as senior advisor and chairman of the RAW Mortgage Fund board, with Ben Nichols now running the business as CEO.
Tim Parkes (pictured) has stepped down as chief executive officer (CEO) at RAW Capital Partners, with Ben Nichols now running the business as CEO.
Parkes will stay on as senior advisor and chairman of the RAW Mortgage Fund board.
He has spent nearly two decades at Barclays and worked in strategy, business development and management consultancy before co-founding RAW Capital Partners.
Nichols joined RAW Capital Partners over four years ago as chief financial officer.
He became interim managing director in February 2024 and managing director in September 2024.
Nichols has previously taken responsibility for running the business during periods when Parkes was away.
Parkes said: “RAW Capital Partners has been a huge part of my life. When Richard and I founded the business more than a decade ago, we knew there was room in the market for a lender that could take a more considered and flexible approach to property finance, and deliver a consistent return to investors.
“I am very proud of what the team has achieved since then, and we’re really well placed to grow further in the months and years to come.
“Stepping back from the CEO role comes at the right time for me and for the business.”
Parkes added: “Ben knows the business extremely well and has already led it during periods when I have been away, so this is an established and familiar dynamic for our team, brokers and investors.
“I have every confidence in him, the wider team and the direction of the business moving forward.”
Nichols said: “Tim’s contribution to RAW Capital Partners as co-founder and CEO has been significant.
“He has played a central role in shaping the business, its culture and its approach to lending, and we are pleased that we will continue to benefit from his expertise as a senior advisor and through the Fund’s board.
“This is an important moment for RAW, but it’s not a change in direction.
“We will continue to operate with the same focus, standards and approach that brokers, borrowers and investors know us for.”
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