Bowery Capital Makes Key Staff Appointments

With private credit continuing to grow as banks pull back their lending appetite, Bowery Capital has made some key staff appointments to support its growth.

The three incoming directors have a wealth of experience working with some of Australia’s leading commercial and investment banks across both the property lending and investment areas.

Existing Bowery Director – Yann Fisher explains that the new appointments will help Bowery service the growing demand not only from borrowers but also from sophisticated investors and advisory firms, as investor appetite for mortgage investments continues at unprecedented levels.

Incoming Executive Director – Alan Poole has joined, having previously held senior-level experience at HSBC, Macquarie, and Westpac Private.

Alan has held various roles in commercial, corporate property, institutional banking, and private wealth, with his last role being at General Manager for Westpac’s Private Wealth division across New South Wales and Queensland.

Incoming Investment Director – Sal Materia has joined, having previously worked at ANZ, Macquarie, and Westpac Private.

Sal’s roles were predominantly investment-focused, where he partnered with family offices and ultra-high-net-worth investors to support them in executing their investment strategies.

His deep expertise ranges across all asset classes, particularly in the property sector.

Incoming Executive Director – Steve Kyritza has joined, having previously worked as a private banker for a number of years at Westpac Private.

Steve was the Managing Director of a large debt advisory business that executed in excess of $1 billion in debt transactions for ultra-high-net-worth individuals.

His deep property knowledge and extensive networks will be a welcome addition to the Bowery team.

Existing Bowery Director – Adam Smyth stresses that not only will the director appointments add to Bowery’s capacity to service and grow their investor and borrower customer bases, but they will also enhance the experience broader teams bring, as Bowery continues to navigate the current environment with a prudent and cautious approach.

This article first appeared in the Australian Jewish News on 12 October 2022.

Thanks AJN and again welcome on board Alan, Sal and Steve – onwards and upwards team.