Reto Property Finance Limited’s £15 Million Investment From Foresight Group

In UK Travers Smith, advised on the matter.

Travers Smith advised Reto Property Finance Limited with a team including Charles Bischoff (Picture – Finance).

Reto Property Finance Limited (Reto Finance) was granted a £15 million investment from listed alternative investment manager, Foresight Group (Foresight). Reto Finance was launched in 2019, following a buy-out from Shawbrook International by Quilam Capital, and has since served hundreds of consumer and SME borrowers across the Channel Islands.

Reto Finance is led by CEO Adam Dawson. Under Quilam Capital and Adam’s leadership, it is increasingly becoming a go-to lender on the Channel Islands, offering a wide breadth of products to SMEs and consumers. The new investment will support the launch of a real estate development finance product and will allow it to offer increased flexibility on its existing real estate bridging product. Reto Finance was keen to develop a new product to support local property developers and consequently help to address the housing shortage in the Channel Islands. Traditionally more focused upon bridging, Reto Finance will now add this flexible development product to its offering.

The senior debt facility has been structured to suit the flexibility required by the new product. With this investment, Foresight has now committed over £165 million of capital to the alternative lending sector.

The Travers Smith team was led by Finance Partner Charles Bischoff (Picture) with support from Senior Associate Daniel Domb, Associate Hannah Ramsey and Paralegal Jorja Hills.

Involved fees earner: Charles Bischoff – Travers Smith; Daniel Domb – Travers Smith;

Law Firms: Travers Smith;

Clients: Reto Property Finance Limited;

Author: Giulia Di Palma