Alternative lender BOOST&Co has appointed two new managing directors following a successful period of expansion.
The independent asset manager, which offers loans of £2-10 million, covers all sectors, with a strong track record in technology, media, and telecommunications.
The new appointments are Kim Martin, previously head of South and Midlands at BOOST&Co, and Richard Hallett, previously head of restructuring at the firm.
The lender is expanding its leadership team following extensive business growth during the past two years, with the firm having now funded more than £650m across more than 150 deals.
Martin brings 14 years’ experience in financial services, previously working for Aberdeen Asset Management, Maven Capital Partners and Puma Investments, before spending more than four years at BOOST&Co.
She has experience across multiple asset classes such as private equity and debt, as well as an in-depth understanding of the UK SME market. Her new management role will focus on new loans origination and execution.
Hallett brings 16 years’ experience acquired through working for several blue-chip companies, including KPMG, FTI Consulting and Sandton Capital Partners, before spending more than two years at BOOST&Co leading its restructuring team.
He will be taking an active role at investment committee level, focusing on financial risk as well as new and opportunistic credit options for clients.
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“Since joining the team in 2018, the business has grown exponentially and I am absolutely delighted to be part of a fantastic management team that will continue to drive BOOST&Co forward and cement our position as one of the UK’s leading lenders to SMEs,” said Martin.
Hallett added: “It has been a pleasure to be a part of the company’s growth journey in recent years and see so much progress made as the business has grown to be the go-to lender for many UK SMEs.
“It is also an exciting opportunity to continue my time at BOOST&Co as part of the talented management team. We are all optimistic about what the future holds for the company and our further potential for growth.”