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|LCP expands board with appointment of Rick Denton, leading international banker and fund specialis|
|Monday, 18 April 2016|
Leading Central London property fund and asset management specialist, London Central Portfolio (LCP), is delighted to announce the appointment of Rick Denton as a non-executive board director to its holding company LCP Corp.
Denton’s appointment follows a prestigious thirty year career across a number of leading global institutions where he has held directorships within the Coutts Group, Bank of Bermuda, Fortis and Barclays. Qualified as a banker, trustee and investment professional and holding both an MBA and a diploma in company direction with the Institute of Directors, he has been on the board of multiple private companies and regulated businesses. Offering specialist experience in international jurisdictions, private equity and institutional investment solutions, most recently he has been CEO of family office and property investment company, Triangle Holdings.
Denton’s appointment is part of the latest expansion move by LCP, who will be based in new premises in London’s prime W1 from June. As the only company to have launched multiple residential funds targeting Central London’s private rented sector, alongside their long established private client business, LCP have led the way in UK residential investment solutions. Together with Denton, LCP are exploring new innovative institutional products and will be listing the shares for its latest multi-million pound sharia-compliant property fund later this month. Splitting his time between London and Guernsey, Denton will help further develop LCP’s relationships in the Channel Islands, AsiaPac, MENA and the major financial centres.
Naomi Heaton, CEO of LCP, comments: “Rick has had a longstanding relationship with LCP for over 15 years in his management roles across a variety of global institutions. He has a deep knowledge of LCP’s business proposition and played a pivotal role in bringing LCP’s first fund to market as a director of Fortis in Guernsey. We are, therefore, particularly delighted to be able to welcome him onto LCP’s board of directors. As we continue to pioneer residential investment solutions in the private rented sector for both UK and international investors, Rick has the depth of experience, knowledge base and reach to support LCP during this next exciting period of our expansion.”
Rick Denton, non-executive director OF LCP Corp comments: “Having worked closely in the UK’s property fund space as CEO of Triangle Group and with detailed knowledge of the residential market, I have always found LCP to be a leader in the sector and a superior provider of residential services for international investors. I am delighted to be building an even closer relationship with the company to help deliver its strategy for growth. LCP has positioned itself at the forefront of the private rented sector and I look forward to developing the institutional investment model and further expanding the company’s reach.”
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