Chat to a team member

Media

Press Releases

Samuels, Posniak and Smith reunite to launch Octane Capital

Octane Capital Octane Capital
Posted on Apr 26, 2017 | in Press Releases

Map
  • Octane Capital backed by Pamplona Capital Management
  • New lender to place special focus on complex, non-standard loans that are outside the comfort zone of other lenders

London, 20 March 2017 -- Jonathan Samuels, the founder of Dragonfly Property Finance, today announced his return to the specialist lending market with the launch, set for May,  of Octane Capital

Octane Capital is a joint venture with Pamplona Capital Management, a global investment management firm with funds under management in excess of $5 billion.

As Octane Capital CEO, Samuels will be reunited with Mark Posniak and Matt Smith, who he has worked closely with since setting up Dragonfly Property Finance in 2009. Posniak will assume the position of Managing Director and Smith that of Director of Risk.

Tom Clark, previously Head of Bridging at Wellesley and Senior Development Manager at Shawbrook Bank, also joins Octane Capital as Sales Director. Other notable hires include Robert Graham as Head of Finance. Graham previously worked as Finance Manager at Dragonfly.

The new lender will offer residential and commercial bridging loans, medium-term buy-to-let products and development finance, all at competitive rates.

With the Octane Capital management team’s background in introducer-friendly products and processes, it will source its loans primarily through brokers and master brokers.

Octane Capital’s initial product range will be announced in May when it formally launches. It will offer a full range of specialist lending products and will focus on complex, non-standard and larger than average loans that brokers may struggle to place with other lenders.

This is an area that Samuels and his management team have repeatedly proven as a core skill over many years and which they once again have the finance to deliver in the specialist finance space.

As part of an aggressive growth strategy, Octane Capital is seeking to add to its team and is keen to hear from driven people with a proven track record in development, credit and sales. If interested, please email careers@octanecapital.co.uk.

Jonathan Samuels, CEO, Octane Capital, commented:

"It's fantastic to be back in the industry and working again with some of the most respected names in specialist property finance. In Pamplona we have an exceptionally strong and experienced funding partner that will position us well from the outset and enable us to lend at will. Our focus will be on complex, non-standard loans that are outside the comfort zone of most other lenders but which we believe play to our strengths. We are certainly not here to make up the numbers.”

Nitin Bhandari, Partner, Pamplona Capital Management, added: 

"We are very pleased to be partnering with Jonathan and the Octane Capital team, whose experience and ability in this market are second to none. I have no doubt that Octane Capital will make rapid inroads into the specialist lending sector and it will have our full support and funding to do exactly that.” 

More in this section

Octane Capital passes £1billion of completions

Jun 10, 2021 | Press Releases

#3rdgen lender, Octane Capital, today announced that it has passed…

Octane Capital
Octane Capital
READ MORE

Octane Capital completes biggest — and most complex — loan yet

Jun 03, 2021 | Press Releases

Highly complex £17.35m loan involved the refinance of 40 properties…

Octane Capital
Octane Capital
READ MORE

Octane opens full BTL range to all brokers

Apr 15, 2021 | Press Releases

Octane Capital has today (15th April) opened its entire BTL product…

Octane Capital
Octane Capital
READ MORE
Sections
Archive
Twitter
Follow us @octanecapital

4 days, 15 hours ago
Thanks Augusta for your kind #TrustPilot review. Octane Capital Ltd #5stars #3rdGen https://t.co/WPh2h8i4k8

5 days, 4 hours ago
Thank you Fieldfisher for a lovely evening. Feels so good being able to get together face to face again over a few… https://t.co/yg727wVpxy

5 days, 6 hours ago
Grief Encounter golf day at the Shire - or as my team renamed it - the underwater golfing challenge!! Despite the… https://t.co/dSeWAY0euE

6 days, 11 hours ago
Service is at the heart of our Octane Capital Ltd #Proposition so it is always pleasing to get a start review! We… https://t.co/e84OUKTIK6

1 week, 2 days ago
Superb effort Graham Macaulay & Liam Lawlor in ensuring Octane Capital Ltd were able to step in and make this deal… https://t.co/KX5MQKpFVX