UK alternative lender Fortwell Capital announced this week that its CEO Dan Smith is to leave the business to focus on his wider business interests, with managing director Arthur Jennings stepping up to lead Fortwell.
The management changes follow several years of growth, notably the additional £100 mln capital injection from Cain International in May this year, increasing its lending capacity to £500 mln.
Cain International’s global head of real estate debt John Cole will continue to work closely with Fortwell’s senior management team.