Aureum Finance will provide assistance in sourcing and structuring loan facilities with a key focus on funding for property.
The broker has been created by Dean Brown (pictured above), a former director at a corporate finance broker, following roles at Ingenious Group, Alpha Real Capital and Close Brothers.
Aureum officially launched on 27th June and Dean hopes to use his wide range of contacts and clients to grow the business.
He will be supported by three members of staff at its office in Milton Keynes as it looks to support clients across the country.
“After spending many years working in London for banks and property funds, I decided to form a corporate finance broker in my home town of Milton Keynes,” said Dean.
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“I could have opened an office in London, where I have been based for some time, but I felt that Milton Keynes has great potential and is fast becoming a major growth hub for the UK.
“The area is well connected and there are many large companies based in the town.
“It makes sense to be based in the centre of the east-to-west growth corridor.”
Aureum will work with the whole development lender market and focus on equity raising and joint venture finance through its range of funds and family office connections.
“I have over 20 years of principal lending experience and the last 10 years of that were in property development lending, so we will focus on that sector,” added Dean.
“However, the team at Aureum can work across all asset classes and a wide range of funding requirements.
“One of our key specialisms is equity raising for property developments and helping our clients source joint venture partners to assist with the growth of their business.”