REAL estate non-bank lender Centuria Bass Credit has appointed a new executive director of private capital in financier, Tom O’Donnell.
O’Donnell will bring 25-years of experience across wealth management and distribution markets to the real estate non-bank lender and investment manager.
Joining the executive team in Centuria Bass’ Sydney office, O’Donnell will support the group’s distribution and investor relations strategy.
“We are delighted to welcome Tom to the Centuria Bass fold. He brings significant experience across private wealth management, distribution, business development and origination,” said Giles Borten and Nick Goh, joint CEOs at Centuria Bass.
“The philosophy of Centuria Bass has been to deliver institutional grade expertise in investment management where it had been lacking in middle market private lending. For over seven-and-a-half years, we have delivered compelling returns on secured private credit loans averaging over 11.8% p.a. return with no losses of principal or interest to investors on any of our 120+ investments.”
O’Donnell has recently held senior positions at positions include Pallas Capital, ANZ and Credit Suisse. As well as serving as chief executive officer at TOD Advisory.
“We are delighted to welcome Tom to the Centuria Bass team. Tom’s wealth of experience in financial markets and extensive networks will assist us in driving future growth and providing greater service to our valued clients,” added Yehuda Gottlieb, managing director of funds & distribution at Centuria Bass.
This follows Centuria Bass Credit’s November appointment of financier, Lachlan Tracey, as managing director – head of capital markets & co-head of execution.