Pluto Finance has appointed Eduardo Martin as lending director for Iberia as it continues to expand into the European real estate credit market.
The move follows the recent appointment of Ciaran Singh as managing director – Europe in April 2025 and marks a further step in Pluto’s focus on regions including Ireland, Iberia, the Netherlands and Germany.
Martin brings over 20 years of experience in real estate finance, having held positions with banks and credit funds in both London and Madrid, including Pbb, Starz and Alantra.
He will lead Pluto’s efforts to deliver structured and direct lending solutions to the Iberian mid-market across all asset classes.
Ciaran Singh, managing director – Europe, said: “Eduardo’s appointment marks the next stage of Pluto’s European expansion outside the UK after recently entering the Irish property credit market.
“Our investor relationships in Europe are already strong, with 43% of commitments to our flagship lending vehicle originating from blue chip European institutional investors.
“Eduardo’s relationships with mid-market borrowers and engagement with institutional investors will make him an invaluable addition to the team.”
Eduardo Martin, lending director for Iberia, said: “The strength of Pluto’s position in the UK residential and commercial real estate lending market provides an excellent base from which we can build a quality lending business in Iberia.
“Real estate private credit is evolving as the preferred funding source for mid-market borrowers in the UK and Europe and I am confident borrowers will benefit from Pluto’s tailored approach to lending structures and speed of execution in Iberia. I look forward to helping the team expand into this important market.”
Since its inception, Pluto Finance has provided £3.5bn in lending across approximately 300 transactions, supporting the development of over 12,000 residential units in the UK. The business is now targeting broader European growth, beginning with Iberia.