In the newly created role, he will be responsible for sourcing and leading all debt relationships for the Long Harbour Multi Family investment platform (LHMF), driving efficiencies and providing leadership and commercial insight across the LHMF investment and corporate finance activities.

He will also be monitoring the development of the green financing market and ensure funding activities are aligned with LHMF’s overall ESG strategy.

Richard joins Long Harbour from Lone Star-backed property company and BTR operator, Quintain, where he worked as group treasurer.

Prior to this, he held senior positions for various companies, including Lloyds Bank.

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“This is a fantastic opportunity to join one of sector’s most prominent operators at a hugely exciting time and I’m looking forward to contributing to the company’s ongoing growth and success,” said Richard.

“Long Harbour has a long, established and proven track record as a leading investor in the UK’s BTR market, where there is significant momentum.”

The appointment is part of Long Harbour’s ongoing expansion in the BTR sector through its LHMF investment platform.

William Astor, chief executive at Long Harbour, added: “We are thrilled to welcome Richard on board, his calibre and experience will undoubtedly prove invaluable to our growth strategy in the BTR sector, sourcing external funding to meet the ambitious LHMF business plan.

“His deep understanding of the loan and capital markets will help us build and diversify our range of funding sources, ensuring optimal financing terms are achieved throughout the financial cycle.”