Fortwell Capital

Fortwell Capital secures £400m investment

Cain International has partnered with Fortwell Capital, acquiring a majority stake in the real estate lender and providing £400m of investment capital.

In addition, Cain International has also acquired a portfolio of development loans providing total facilities of around £80m, which Fortwell will continue to oversee.

This partnership will enable Fortwell to continue to grow its loan book and also focus on expanding its reach to a number of UK cities and locations, while strengthening its established reputation in London and the South East.

The real estate lender announced in April that its senior management team – consisting of Dan Smith, executive director (pictured above) and Arthur Jennings, managing director – had undertaken a management buyout of the business from Christian Candy’s CPC Group.

Cain International has now invested over $3bn (approximately £2.4bn) since its inception in 2014.

“Our partnership with Cain International is a huge endorsement of Fortwell Capital’s success in positioning the business as a leading alternative real estate lender in the UK,” said Dan.

“It will propel us forward, providing the funding to allow Fortwell to continue to finance and work with developers to unlock complex projects throughout the market cycles.”

John Cole, managing principal at Cain International and head of the firm’s global debt business, added: “Fortwell Capital is an extremely well run and successful specialist debt provider, with a proven track record of success.  

“Joining forces enables us to continue offering larger, more complex financings through Cain International, while also entering the specialist market for small- and medium-sized loans under the Fortwell brand. 

“Together, we will now provide access to real estate finance for developers across the full spectrum of loan sizes and products.”

Fortwell Capital – which will be based at Cain International’s offices – will continue to operate under the Fortwell brand.

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