SYDNEY (Monday, 8 January 2024) – Real estate non-bank lender and investment manager, Centuria Bass Credit, has appointed 25-year experienced financier, Tom O’Donnell, as Executive Director – Private Capital.

With significant experience across wealth management and distribution markets, Mr O’Donnell joins Centuria Bass’ executive team in its Sydney office.

He will support Centuria Bass’ distribution and investor relations strategy across the business.

Giles Borten and Nick Goh, Centuria Bass Joint CEOs, said, “We are delighted to welcome Tom to the Centuria Bass fold. He brings significant experience across private wealth management, distribution, business development and origination.

“We are excited to welcome someone with Tom’s calibre of experience to our team. His proven track record and strategic insights align seamlessly with our company’s vision, and we are looking forward to his contribution to our company’s success.

“The philosophy of Centuria Bass has been to deliver institutional grade expertise in investment management where it had been lacking in middle market private lending. For over seven-and-a-half years, we have delivered compelling returns on secured private credit loans averaging over 11.8% p.a. return with no losses of principal or interest to investors on any of our 120+ investments.”

Yehuda Gottlieb, Managing Director – Funds & Distribution, said “We are delighted to welcome Tom to the Centuria Bass team. Tom’s wealth of experience in financial markets and extensive networks will assist us in driving future growth and providing greater service to our valued clients.”

Mr O’Donnell’s more recently held positions include Pallas Capital, Partner - Distribution; ANZ, Private Wealth Director NSW/ACT; and Credit Suisse, Vice President – Head of Business Development, Private Bank Australia.

Mr O’Donnell also served as Chief Executive Officer at TOD Advisory and sat on the board at the Australian National Maritime Museum Foundation, the Australian Youth Trust, and Taronga Conservation Society Australia.

Centuria Bass was founded in 2016 and has since grown to over $1.5 billion in funds under management (FUM) extending over 120 investments.