Foley joins Avamore Capital as director of credit

Foley joins from Octopus Real Estate where he was head of credit for residential development for six years. 

His previous experience also includes Lloyds Banking Group, where he worked for 10 years in various roles such as associate director and credit analyst. His most recent position was relationship manager. 

At Avamore Capital, Foley will work with chief executive D’mitri Zaprzala, chief lending officer Phil Gould and director of operations Sabinder Robinson-Sandhu. 

In his role he will oversee all credit functions including the underwriting and asset management teams. He will also help the lender to reach its lending goals. 

Foley (pictured) said he was “delighted” to join Avamore Capital, adding: “Having observed the company over the last few years, I am so excited to be able to join them at such an exciting time for both them and the specialist lending industry.  

“I have known D’mitri for some time and it was an easy decision to come and join him at Avamore Capital. They have a fantastic reputation in the industry with an exceptional team and I cannot wait to work with them.” 

Zaprzala said: “This is an incredibly exciting stage in Avamore’s growth journey, and we’re absolutely delighted to have Matt join the business. He brings tremendous industry knowledge, experience and relationships to the team while sharing the company’s values and ambitious plans for the future.  

“He will enhance the strength of our credit functions as well as bring his vast experience in specialist and development finance to further improve our offering to borrowers and brokers alike. Looking ahead, Avamore plans to continue looking for innovative ways to lend, through further expansion of our product set and investment into internal efficiencies. Matt’s experience in areas such as purpose-built student accomodation (PBSA) perfectly aligns with our own growth in these and other areas.  

“I very much look forward to working with Matt and seeing the exciting contributions he will bring to the business through the next phase of our journey.”