The specialist lender has also securitised a tranche of its loan assets, with capacity to go beyond £100m of securitised assets.

Atelier has provided more than £150m to residential developers since its launch in January 2020 and is on course to have more than £250m of assets under management within the next year.

Chris Gardner, co-founder of Atelier Capital Partners (pictured above), said: “We’re delighted to be adding to our family of institutional investors who all share Atelier’s belief that the best property finance should deliver more than just bricks and mortar.

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“Our platform allows financial institutions to achieve sustainable returns from a reliable asset class – while also providing a positive, lasting legacy for the environment and communities across the UK.”

Graham Emmett, co-founder of Atelier Capital Partners, added: “Atelier has assembled an exceptional team of real estate finance professionals and invested heavily in people and technology to support high-touch, high-value relationships – earning us a reputation for efficient decision-making, deal execution and loan servicing. 

“We’ve built a platform with the gravitas and track record needed to secure top tier global investment, while also offering agility and precise execution to our borrowers. 

“To that list we are now adding financial innovation; the securitisation of our assets will boost our liquidity and enable us to make more finance available to those building sustainable, energy-efficient homes for the future.”

Will Nicoll, chief investment officer for private and alternative assets at M&G Investments, commented: “Atelier has created a platform that brings institutional rigour and stability to the short-term property finance market, providing many property developers with a reliable source of finance. 

“In turn, the income from these loans benefits our institutional and pension fund clients.”

Jamie Pickering, director of structured finance at Paragon Bank, stated: “Little more than a year on from its official launch, Atelier has built up a strong balance sheet and funded the creation of homes that are enriching communities across the country. 

“We’re proud to be partnering with a business that shares our desire to provide the right finance to the right developments, and Atelier’s enhanced liquidity will accelerate its contribution to Britain’s booming residential real estate sector.”

The lender — which offers loans between £1m and £15m — caters to smaller, agile developers for land acquisition and financing construction and refurbishment schemes, with a particular focus on urban regeneration and schemes on brownfield sites that deliver a positive, sustainable impact to their local community.

Recent projects include the transformation of a derelict petrol station in the centre of a Hertfordshire market town into six homes, and the construction of eight sustainable townhouses on a brownfield site in Crystal Palace, London.