INVEST RAISE ABOUT INSTITUTIONAL arrow_back BACK 18 June 2019 London-based investment manager, Downing LLP, is pleased to announce the appointment of Richard Lamb to its growing Property Finance investment team. Richard joins Downing from Octopus Property, where he held a business development role focused on providing stretched senior debt finance for regional property developers across London, the South East and South West. He has also previously held roles at Triodos Bank, Unity Trust Bank, Clydesdale Bank and Barclays. Parik Chandra, Head of Residential Development Finance at Downing, said: “We are very pleased to be adding further expertise to our expanding Property Finance team - Richard has 18+ years experience in the sector and over 30 years banking experience overall. He will be an integral part of the team, with a focus on nationwide residential development finance deals where the debt requirement is £2 - £10 million.” Downing Development Finance (DDF), established in 2017, has now committed loans of over £80 million, and the total GDV of schemes DDF has funded/is funding exceeds £135 million. This translates to facilitating the development of over 430 residential units across the UK. Chandra concludes: “While the market remains challenging due to ongoing political uncertainty and natural cyclicality, we believe there are still good deals out there. Our pipeline remains strong and we are continuing to expand our network and support experienced developers.” - ends - For all press enquiries, please contact: Pamela Morris, PR Director at the lang cat 0131 202 6037 / 07712 515 503 pamela@langcatfinancial.com Jean Birrell, Downing LLP 07799555353 jean.birrell@downing.co.uk Downing Home Our story The team News & views Responsible investing Careers Contact us Invest Bonds EIS Estate planning Downing Fund Managers VCT Existing investor Investor centre Institutional Institutional investors Infrastructure asset management Raise Development Capital Energy Healthcare Leisure Property Wholesale Finance Ventures Ventures home About ventures Portfolio Ventures team Ventures careers Legal & support Privacy & cookie policy Information Security Policy Statement Terms and conditions Terms of business Inducement disclosure FAQs Pillar III Modern slavery statement Fraud prevention Complaints Social Twitter LinkedIn Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: St Magnus House, 3 Lower Thames Street, London EC3R 6HD. VAT Number: 112 940 149 We use cookies to ensure that we give you the best experience on our website. Click here for more information. DISMISS