Timbercreek launches €200m ‘challenger bank’
The company has incorporated an Irish subsidiary and is recruiting staff
Timbercreek, a €3.4 billion Canadian private equity firm, is to target Irish property with the launch of a €200 million challenger bank in Dublin.
The company has incorporated an Irish subsidiary and is recruiting staff, as well as looking for office space.
The lender will offer short-term debt to fund transition and development activities, according to its head of US and European debt, Bradley Trotter.
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