Albert Periu no longer heading up US cap markets operation.
Albert Periu no longer heading up US capital markets operation.
Albert Periu (pictured), formerly global co-head of capital markets at the firm, appears to have left the firm in December of last year, based on his LinkedIn profile. He is now the co-founder and CEO of a company called Neptune Financial, which is attempting to bring technology-enabled lending to the middle market.
There are currently five capital markets jobs listed in the US. Patel is said to be looking to re-model the US team to mirror its UK counterpart. The UK team’s most recent win was a C Share raise for the SME Income Fund of £142m, which exceeded expectations.
Ewan Lovett-Turner, a director at Numis Securities Limited, described the C Share raise as an impressive result for Funding Circle, noting that it came against a backdrop of other marketplace/direct lending funds trading on substantial discounts.