Fortwell Capital CEO Dan Smith to step down



Fortwell Capital has confirmed that its CEO, Dan Smith, is to leave the business to focus on his wider business interests.

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Managing Director, Arthur Jennings, will be stepping up to lead the development lender.

The management changes follow several years of growth and a £100m capital injection from Cain International in May this year, increasing its lending capacity to £500m.

“We are grateful to Dan for his valuable commitment and contribution growing the Fortwell business which leaves us in a strong position for future growth,” said Arthur.

Cain International’s global head of real estate debt, John Cole, will continue to work closely with Fortwell’s senior management team.

In June, the lender launched a major initiative to support development activities in the Republic of Ireland.



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