In his new role, Hugo will focus on structuring competitive and flexible debt finance solutions for developers and housebuilders alike.

He joins from Barwood Capital where he spent seven years, most recently serving as chief operating officer on its residential platform.

A chartered surveyor, Hugo began his career in the development team at Savills.

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“Hugo brings strong experience from across the residential development and investment landscape and we are very pleased to welcome him to the team,” said Mario Ioannides, partner at Pluto Finance.

“As Pluto continues to grow its lending platform, his understanding of the needs of SME developers and housebuilders will be extremely valuable.”

Hugo added: “Pluto Finance has established a strong reputation as a responsive and flexible lender to the development market and I am delighted to be joining the team.

“I look forward to working with developers and housebuilders across the UK to structure debt solutions that support the delivery of new homes.”