Speciality Finance

Real Estate

OakNorth Bank completes Β£45m capital call facility for private equity real estate investor, Paloma Capital

Monday September 18th, 2023

Founded in 2015 by Joe Froud and Jack Pitman, Paloma Capital is a leading entrepreneurial private equity real estate investor; The firm has raised a total of c.Β£440m of wholly discretionary capital in three value-add funds since 2015, mainly from institutional investors in the UK, Europe and the Middle East; It has raised Β£120m out […]

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Real Estate

Saxon Trust secures new Β£35m funding line from OakNorth

Tuesday September 12th, 2023

Saxon Trust, the London based specialist bridging and development lender, has significantly expanded its funding capability with a new Β£35m funding facility from OakNorth, the neobank for entrepreneurs, by entrepreneurs. As traditional lenders increasingly pull back from the mid-market space, Saxon Trust believe this additional wholesale funding will enable them to capture additional market share. […]

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Speciality Finance

OakNorth partners with Westbrooke to provide AURELIUS with Β£24.5m to support its acquisition of TM Group

Tuesday August 8th, 2023

Capital from OakNorth and Westbrooke has supported AURELIUS’ acquisition of TM Group from Dye & Durham Corporation, the Toronto Stock Exchange listed corporate; AURELIUS, a pan-European alternative investment firm distinguished and widely recognized for its operational approach, has recently announced the acquisition of TM Group, a leading provider of property search aggregation services, supplying law […]

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Speciality Finance

OakNorth Bank lends Β£37m to Somerset-headquartered independent self-storage provider, UK Storage Company, to support a buyout

Monday June 26th, 2023

Founded in 2005 by Keith and Cathy Taylor, UK Storage Company is one of the UK’s largest independent self-storage providers; Following the opening of its first sites in Bridgwater and Taunton, Somerset, the business now operates 28 stores, totalling over 880k sq. ft of storage space across England; The Β£37m loan from OakNorth complements an […]

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Real Estate

OakNorth Bank and ASK co-lend Β£62m to leading investment firm for 133 apartments in new Canary Wharf tower

Wednesday June 21st, 2023

OakNorth Bank, the UK bank for entrepreneurs, by entrepreneurs and real estate funding specialist, ASK Partners (β€œASK”) have provided a 36-month, Β£62m senior loan to a leading global alternative investment firm, secured against 133 apartments in a recently completed new-build, 53-storey residential tower in Canary Wharf, London. The acquired apartments are part of the 182 […]

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Speciality Finance

Manchester-based consumer debt advice provider, MoneyPlus, to accelerate growth following a significant loan upsize from OakNorth Bank

Monday June 19th, 2023

  Founded in 2010, MoneyPlus provides debt advice to individuals struggling with their finances, as well as legal services, to help people live better lives; Headquartered in Manchester, the business is now one of the UK’s largest providers of consumer debt advice and planning, representing tens of thousands of people each year; OakNorth initially provided […]

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