Centuria Bass, GCI Name New Origination Directors
Two prominent firms are enhancing their leadership to capitalize on the growing demand for private market solutions. Centuria Bass, a provider of real estate funding, has appointed Nick Reardon as the executive director for origination in its Melbourne office. Reardon will focus on expanding Centuria Bass’ loan portfolio throughout Victoria and will report directly to David Stone, managing director and co-head of lending.
Centuria Bass Expands Leadership with Nick Reardon
Reardon brings a wealth of experience to his new role. Prior to joining Centuria Bass, he held the position of head of origination at Woodbridge Capital. He has also served as a relationship director at Payton Capital, a firm acquired by HMC Capital. Additionally, he founded Freedom Finance Australia, a mortgage brokerage that reached $150 million in growth before its acquisition in 2020.
David Giffin, CEO of Centuria Bass Credit, expressed enthusiasm for Reardon’s appointment. He stated, “We warmly welcome Nick to the Centuria Bass team and believe his extensive experience, networks and origination capability will be a credit to our business as we look to further expand our market share as the demand for mid-market real estate finance grows.” Over the past five years, Centuria Bass has seen its assets under management increase by 11 times, underlining its commitment to growth.
GCI Funds Welcomes Matt Ingram as Director of Origination
In a parallel move, GCI Funds has announced the appointment of Matt Ingram as its director of origination. Ingram previously worked with leading institutions such as Commonwealth Bank and Investec. In his new role, he will spearhead the origination function across GCI’s asset-backed finance, real estate, and strategic capital lending strategies.
Ben Skilbeck, GCI’s chief executive, highlighted the strategic importance of this appointment. He noted that Ingram’s expertise will enhance GCI’s origination capabilities and improve service offerings for brokers, advisers, and borrowers. Skilbeck remarked, “The appointment of Matt represents an important enhancement to GCI’s origination capability as well as our broker, adviser and borrower service proposition.”
- Nick Reardon: Executive Director for Origination, Centuria Bass
- Matt Ingram: Director of Origination, GCI Funds
Ingram reflected on the strong reputation GCI has built in private credit, emphasizing their focus on delivering certainty and flexibility to their clients. He stated, “I am excited to join the team and to work closely with advisers and borrowers to originate transactions that require a bespoke approach.”
The strategic appointments at Centuria Bass and GCI Funds illustrate a trend towards strengthening origination functions in response to increasing market demands. Both firms are poised to leverage their new leadership to drive growth and enhance their respective service offerings.
