Avamore Capital, the London based short term and bridging finance lender, has expanded its team once more. Gili Cohen joins as the fourth underwriter, to assist with Avamore’s expansion plans for the remainder of 2021.
Gili brings prior experience on larger-ticket transactions, which will expand the lender’s capacity to access deals within wider parameters as it expands its market share.
Gili has experience in front-end origination, asset management, deal assessment and underwriting. He joins from Pluto Finance where his role involved underwriting loans, primarily those over £10m.
Gili Cohen said: “I am pleased to be joining a fast growing and dynamic team with a developer-centric focus which will allow me to work with like-minded and forward-thinking individuals,”
“Avamore is on a significant growth trajectory; having the opportunity to drive that success while bringing in my prior experience to add value is truly exciting.
“I am looking forward to supporting Avamore’s borrowers and brokers, as well as forming strong relationships with all of its service providers.”
Philip Gould, principal at Avamore, commented: “Gili’s hire comes at a crucial growth stage for Avamore.
“Earlier this year, we crossed £250m of lending and then subsequently reached £300m very quickly, which is a reflection of our commitment and dedication to delivering for our partners.
“It is key that everyone we bring into the team demonstrates that same level of drive and tenacity, along with a can-do attitude.
“Gili is a quick thinker with a solution driven lens, and I have no doubt that he’ll make a huge contribution to the Avamore team.”
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Avamore recently created a new role of internal relationship manager within the origination team, and appointed Sophia Lee to the position.