Quilam Capital, which provides both debt and equity solutions to companies in the speciality finance sector, has secured a multi-million-pound leverage facility from Natwest, which will be used to fund new and existing balance sheet investments.
Quilam was founded by Kieran McSweeney and Marc Sefton in late 2017 and the duo has developed a unique advisory approach which capitalises on the team’s wealth of industry experience and insight to help businesses develop and grow over the medium to long-term. The firm will support management teams on all aspects of their business, from operations and risk through to strategic direction, funding and development.
Quilam recently announced its seventh investment which has included everything from start-up capital through to full acquisition. The current portfolio is well diversified with a spread of sub sectors across the speciality finance market and total investments approaching £40m.
Commenting on the Facility, Kieran McSweeney, Co-Founder and Partner of Quilam, said: “The first eighteen months of the Quilam journey have proven very successful, and with a pipeline of strong investment opportunities the transaction and support of Natwest is very timely.”
Marc Sefton, Co-Founder and Partner of Quilam, said: “The Natwest team are market leaders in the banking market for speciality finance and having their support as we grow the business is a notable landmark for us.”
Rob Lamont, Director of NatWest’s Structured Finance team, said “It is fantastic to be able to support Quilam as they continue to grow and develop their investment portfolio. They bring substantial support to the businesses they back, helping to develop the UK Speciality Finance marketplace”.
Matt Glew, Relationship Director of NatWest’s Large Corporate & Institutions business, added “We are delighted to have closed this new facility with Quilam, who have already proven their ability to source and invest in some exciting companies in the speciality finance space. We are very much looking forward to developing what I am sure will prove to be a key strategic relationship with Kieran and Marc.”