Lumora Capital Makes Its Debut in the Large Bridging Loan Market

Lumora’s initial product suite will focus on first-charge bridging across residential, commercial and land.

There will be an emphasis on "bespoke structuring, pragmatic underwriting and hands-on execution from credit approval through to completion", according to the principals.

Piragash Sivanesan (pictured above, far right) joins from Shawbrook, where he served as head of structured real estate, with a career spanning more than £11bn in lending and £4bn in restructurings.

Karan Doshi (pictured above, centre right) brings experience across more than £2bn of senior debt lending transactions at UK banks.

Jennifer Cruickshank (pictured above, far left), formerly of Deutsche Bank, brings expertise in legal execution across 32 jurisdictions, alongside legal technology transformation.

Leading the team at Lumora Capital is Siv Sivanesan (pictured above, centre left), formerly of Accenture, with a career history of building complex professional services businesses across EMEA and Asia-Pacific.

“We see ourselves as the lender brokers call when they’ve secured a mandate that really matters,” said Piragash.

“These are often the most valuable transactions for a brokerage—complex, time-sensitive, and highly visible to the end client. Our role is to take on the issues that sit behind the scenes.”

“Complex transactions aren’t always smooth or comfortable. They can be confrontational, unpredictable and demanding," commented Karan.

“We ensure the broker, the borrower and the lender stand together, pushing through every obstacle so the process becomes decisive and the outcome stronger for everyone involved.”