Prospect Capital - Corporate Profile by Prospect Capital

․ PROSPECT CAPITAL ⭢ Corporate Profile

2020

Creating opportunity

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․ Prospect Capital is a dynamic and expanding group, built through a unique combination of entrepreneurial, professional and legal expertise. ⭢

We believe in creating opportunity and value our strong reputation for successful property-backed lending.

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Contents

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⭢ 07 – 08 ․ Our Approach

⭢ 09 – 10 ․ About Us

⭢ 11 – 12 ․ What We Do

⭢ 13 – 14 ․ Structured Finance

⭢ 15 – 16 ․ Joint Ventures

⭢ 17 – 18 ․ Commercial Lending

⭢ 19 – 20 ․ London Prime Property

⭢ 21 – 22 ․ High Value Lending

⭢ 23 – 28 ․ Senior Management Team

⭢ 29 – 30 ․ Contact Details

⭢ Corporate Profile

Prospect Capital Driven by a team of highly experienced finance experts, Prospect Capital has a proven track record of successful property-backed lending and specialist finance. Our ability to display strong deal origination, scalability and good quality of underwriting has provided us with a range of long term sustainable sources of finance to facilitate our growth.

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• PROSPECT CAPITAL

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⭢ Corporate Profile

Chairman’s message ⭢

Prospect Capital’s growth and strong performance is a testament to the quality of our people and is indicative of their ability to generate strong deal origination coupled with good quality underwriting. Our senior management team uniquely and successfully combines an entrepreneurial approach with strong corporate governance, risk management and legal expertise, all within an environment that is focused on security of capital.

The high level of service we offer our clients with a commitment to deliver on the terms set out to the borrower in a timely manner has proven to be a winning formula. This tangible competitive edge has resulted in us attracting quality business from which we are able to forge long term relationships that will benefit all our stakeholders. Prospect Capital will continue to grow and evolve through long term relationships in every aspect of its business, relationships built on our core values of trust, integrity and transparency. We will always seek to ensure that our clients can succeed in their ventures through our involvement. We look forward to working with you in the near future.

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Matthew Lawrence Chairman, Prospect Capital

• PROSPECT CAPITAL

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Creating finance solutions to fit your needs

⭢ Corporate Profile

Overview ⊘ ⭢

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․ Straightforward We pride ourselves on our straightforward and transparent approach. We aim to forge long term relationships with our borrowers, investors and business partners that are beneficial for all.

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․ Expertise Our senior management team brings together more than 125 years of experience, built through a unique combination of entrepreneurial, professional and legal expertise.

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․ Integrity We believe in ethical lending of the highest integrity. That’s why we are always seeking to ensure that our clients can succeed in their ventures through our involvement.

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• PROSPECT CAPITAL

About us Prospect Capital are experts in providing specialist finance solutions across residential, commercial and development sectors. Unlike traditional lenders, our finance experts assess every case individually with the aim of providing fast and effective funding solutions to fit your needs. Our senior management team have more than 125 years of experience in specialist finance solutions, and we value our strong reputation for responsible and considered lending, together with expert customer service and market-leading products.

Our ethos ⭢

․ Long term relationships A history of successful property-backed lending.

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․ High quality expertise

․ The utmost integrity

A straightforward and transparent approach.

Ethical lending of the highest integrity.

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⭢ Corporate Profile

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A dynamic and expanding group with an entrepreneurial and opportunityled approach

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We believe in creating opportunities ⭢ 11

⭢ Corporate Profile

What we do ⭢

A straightforward and transparent approach to the most specialist lending requirements. ⭢

We believe in creating opportunities for our clients through a straightforward and transparent approach to specialist lending requirements.

We are proud to have developed an unrivalled reputation and commitment to deliver on the terms set out to the borrower within the time scale agreed.

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Structured Finance ⭢

Prospect Capital are able to provide specialist finance solutions for a variety of different lending requirements. Our dedicated structured finance team are experts in delivering tailored lending to property investors and developers, swiftly and effectively.

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․ Residential ⭢

․ Commercial ⭢

․ Bridging ⭢

․ Developments ⭢ 13

⭢ Corporate Profile

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Joint Ventures for property investors and developers ⭢ 15

⭢ Corporate Profile

Joint Ventures ⭢

‘We seek to establish joint venture relationships with like-minded property investors and developers, becoming a financial partner with those who are experienced and proven in their field to further their success.’ Matthew Lawrence Chairman, Prospect Capital

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․ Equity backing from ․

£1M - £5M

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․ Flexible approach

and experienced team

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Commercial Lending ⭢

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A commitment to deliver on the terms and within the timescale agreed

․ Acquisition ․ Development & Development Exit

․ Refinance ⭢

Commercial real estate is a popular investment for our corporate clients, potentially being both a sound capital investment and source of income. Prospect Capital is adept at providing funding within the UK commercial property market ⊕ ⊕ ⊕ ⊕ ⊕

Minimum Loan Size: £5m Maximum Loan Size: £50m Maximum Loan to Value: 65% Rates from: 8% per annum Maximum Term: 24 months

Funding is provided for the acquisition, refinance or development of properties within the following asset classes.

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⊕ Holiday Parks ⊕ Hotel Sector, to include Serviced Apartments – regional assets considered ⊕ Social Housing ⊕ Healthcare – Care Homes and Medical ⊕ Offices and Serviced Offices ⊕ Retail – Shopping Centres ⊕ Student Accommodation ⊕ Industrial – Factories, Warehouses, and Data Centres ⊕ Strategic Land Opportunities – Land with planning permission for commercial development

⭢ Corporate Profile

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‘Prospect Capital has built an excellent reputation in the commercial lending market, with a particular focus on large single unit and portfolio acquisitions of £10m+.’ Matthew Lawrence Chairman, Prospect Capital

․ Land with Planning Permission, Southern England

Prospect Capital successfully provided a £14m facility for a site valued at £46m. This involved a complex offshore ownership structure with the asset based in the UK. Since then, Prospect Capital has engaged with the client to provide development funding for the site, which has a GDV of £155m. ⭢

․ Mixed-use Residential / Commercial, Land with Planning, Manchester

Prospect Capital enabled a £40m facility on a mixed use site valued at £140m on the outskirts of Manchester. ⭢

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․ Commercial Property, Grosvenor Street, London W1

Prospect Capital provided a £7.5m facility to an overseas family office, for the refinance of their London offices. The property located in Mayfair is held on a long leasehold and required a full refurbishment. The ownership structure involved an offshore Trust.

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London Prime Property ⭢

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We value long term relationships, and believe in ethical lending of the highest integrity

․ Acquisition ․ Development & Development Exit

․ Refinance ⭢

Prospect Capital are highly experienced and knowledgeable in the London property market, and provide funding for high value residential and commercial assets. ⊕ ⊕ ⊕ ⊕ ⊕

Minimum Loan Size: £5m Maximum Loan Size: £50m Maximum Loan to Value: 70% Rates from: 8% per annum Maximum Term: 24 months

‘Prospect Capital have an established track record of providing £5m+ facilities and are active in the acquisition, refinance and development of properties within the London Prime Market.’ ⭢

Denny Lane, Director of Sales and Business Development, Prospect Capital

⭢ Corporate Profile

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․ £9.25m acquisition

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․ £6.2m development

£9.25m acquisition facility for two properties in London SW3 and SW10.

£6.2m Development facility over 24 months for an overseas high net worth individual.

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․ £5.5m acquisition £5.5m acquisition facility for a substantial property in NW8. ⭢ ⭢

․ £12.2m acquisition 20

£12.2m senior debt used for the acquisition of a residential property in the heart of Belgravia SW1.

․ £8.3m development £8.3m Development Exit facility provided in SW19 to a seasoned UK developer.

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High Value Lending ⭢

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We value our reputation for High Value lending

․ Acquisition ․ Development & Development Exit

․ Refinance ⭢

At Prospect Capital, we are adept at property backed lending involving complex offshore and trust structures. We have both the vision and knowledge to understand these complex structures and appreciate their underlying value. We have an established track record of providing £10m+ facilities. Prospect Capital's senior team brings together over 125 years of professional lending and legal expertise, giving us the experience to consider a wide range of lending proposals. Prospect Capital prides itself on an excellent track record of ethical and responsible lending in the specialist finance and bridging market. Driven by a team of highly experienced finance specialists, we value our strong reputation and ability to deliver High Value lending. By obtaining an in-depth understanding of the individual structure at an early stage, we are able to effect a simple and swift transition from acceptance of the loan to legal completion.

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High Value Lending from £5m Specialists in complex structures A commitment to deliver on the terms and within the timescale agreed

⭢ Corporate Profile

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․ Land with Planning Permission, Southern England

․ Mixed-use Residential / Commercial, Land with Planning, Manchester

Prospect Capital enabled a £40m facility on a mixed use site valued at £140m on the outskirts of Manchester. ⭢

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․ Acquisition of Residential Properties, 20 22

London SW3 and SW10

Prospect Capital facilitated a £9.25 facility for the acquisition of properties close to London’s Kings Road.

‘An exceptionally straightforward and transparent approach to even the most complex of high value lending requirements.’ Denny Lane, Director of Sales and Business Development, Prospect Capital

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Senior Management Team ․ Our senior management team brings together over 125 years of experience through a unique combination of entrepreneurial, professional and legal expertise.

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․ Matthew Lawrence DIP.M FCIM Chairman

Matthew has over 30 years’ experience of investing, specialist marketing and corporate finance. In recent years he has been actively involved in mentoring young, fast growing companies. Matthew has also personally founded companies across a variety of sectors in both Europe and Asia, from technology, property and aviation to finance. He is currently providing strategic marketing and business direction at board level. Matthew’s knowledge of financial markets and corporate finance is extensive. For several years he was a director of a stock exchange listed investment fund operating in the commodity and futures trading sector, and currently has a personal interest in a futures trading firm. Matthew is a board member of various companies and a Non Executive Chairman for a large UK property group. Matthew holds the Chartered institute of Marketing’s postgraduate diploma and is an elected fellow of the Institute.

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⭢ Co-Lending ⭢ Corporate Proposition Profile

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․ Denny Lane CISI

Director – Sales and Business Development Denny has more than 20 years’ experience in the consumer and property lending industry. His career began with Lloyds in London’s main financial district, as a relationship manager with direct responsibility for a group of high net worth clients and swiftly expanded to the Head of Sales of Close Brothers Bank. At Close, Denny was tasked with growing the Jersey-based business and was responsible for all lending. Over four years, Denny grew the Close loan book from £20m to £120m whilst working with the UK board to manage this business. Denny has a strong ability to identify successful opportunities, and a particular expertise in deal flow and origination. Responsible for Sales and Business Development at Prospect Capital, Denny has been instrumental in evolving the business into its current position of a well-established lender, working with a wide variety of stakeholders across the whole spectrum of the short-term lending industry. Denny is actively responsible for developing new business using his extensive networks within the corporate finance and private investment space both in Jersey and the UK. He qualified as a member of the Chartered Institute for Securities & Investments (CISI) in 2005.

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․ SP Du Toit BA, BProc, TEP Director – Legal

SP is an accomplished, practising commercial attorney and senior executive with more than 22 years’ experience in commercial and contract law, property law (project structuring, development and management), as well as debt and equity funding.

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SP is an attorney of the High Court of South Africa with higher rights of appearance and a solicitor of the Supreme Court of England and Wales (non-practising). He is a STEP certified Trust and Estate Practitioner (TEP), a CEDR Accredited Commercial Mediator and a full member of the Institute of Directors (IOD). SP has also held directorships in several national and international companies involved in various sectors, ranging from mining, property development and investment to finance.

Prior to joining Prospect Capital, SP practised law as the Managing Director of a boutique multi-jurisdictional law firm. He specialised in corporate and commercial law, alternative investments and private equity transactions, trust law, compliance and regulatory law and alternative dispute resolution.

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Senior Management Team ⭢

․ Wendy Bourne

Director – Finance and Administration

Wendy has worked for Asia Pacific Group for over 20 years, initially responsible for the Group’s financial administration and later as Chief Financial Officer where she is responsible for overseeing and managing the financial accounts, budgets and operations of the Group’s various investment holdings. She is also a director for some of the Group’s underlying companies and has been an active member of various investment boards and advisory committees. Wendy is particularly skilled at financial modelling and developing management reporting systems that span all the disciplines of a company not just the financial side of the business. For more than six years Wendy was also responsible for the risk oversight of a stock exchange listed fund that traded futures contracts on global exchanges. This entailed monitoring at a high level the activities of the traders, ensuring that all contracts were rolled in time to avoid delivery as well as being able to trade commodities and currencies on various global markets including ICE, Globex and Nymex. Wendy has primary responsibility for the company’s Finance and Administration.

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․ Lochner Eksteen MBA, CISA

Director – Risk and Compliance Lochner is a Certified Information Systems Auditor, who has over 15 years’ experience in Compliance, Risk Management and Information Security across a variety of financial institutions.

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Lochner has designed and implemented global company compliance policies and procedures as well as detailed risk and quality management systems for Prospect Capital. In addition, Lochner has extensive experience in the auditing of company-wide policies and procedures, including the continual monitoring of programmes, IT systems and processes. He has established compliance steering committees and implemented risk management frameworks across businesses worldwide, to ensure continual regulatory compliance and adequate internal controls across all business departments. Lochner sits on Prospect Capital’s Advisory Board and is responsible for the ongoing oversight of operational governance and regulatory compliance of the business. Lochner holds an MBA from The University of Stellenbosch Business School.

⭢ Co-Lending ⭢ Corporate Proposition Profile

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․ Tim Morton

Business Development Manager Tim has had a very varied and interesting background; from a bank clerk in a small Australian gold mining town, to repossession agent for a large Australian finance company in his younger years, followed by a couple of years as a professional golf caddy on the European and US PGA tours. After returning to Jersey in the late 80s Tim joined and became a director of the dynamic team at Channel Island Money Brokers, which was widely regarded as the leading broker in the buoyant money markets of the 80s and 90s. In 2000 he took a complete change of direction when he set up and ran the well regarded high end furniture retail business Morton and Morton Ltd which he still owns to this day. Tim has developed a large network of business relationships, clients and friendships over the years and has already worked with Prospect Capital on an informal basis for the past year. He is delighted to formally join the Prospect Capital Team where the combination of his experience, connections, client sales and service skills create an ideal platform for his role in business development.

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․ Beth Kennedy

Social and Corporate Responsibility

Beth originally worked in London for the global advertising agency J Walter Thompson, until she moved to Sydney initially working for the Australian government. Subsequently she joined The London Stock Exchange Group in Sydney where, among other responsibilities, she was assigned sole responsibility for social and corporate responsibility.

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During this time, she was responsible for organising and running various charitable events that successfully engaged the LSEG with the local community and raised significant amounts of money for a variety of charities including the Humpty Dumpty Foundation that provides vital medical equipment to paediatric departments in public hospitals, the Australian Indigenous Education Foundation, which changes the lives of ambitious children who would not otherwise have the chance of an education and Cancer Council Australia, a non-government organisation that advises the government and other bodies on practices and policies to help prevent, detect and treat cancer.

Beth is responsible for Prospect Capital's social and corporate responsibility programme and will advise the board on opportunities for the business to participate in a variety of charitable projects, which is something the Directors are very committed to.

⭢ Co-Lending ⭢ Corporate Proposition Profile

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․ Chantall Eksteen Office Manager

Chantall is a personable team player who thrives in our fast paced environment, able to adapt quickly to change and provide practical solutions to complex problems. She is particularly adept at building relationships at all levels and passionate about helping others and promoting a culture of accountability and continuous improvement. Before moving to Jersey, Chantall worked as an internal auditor and Quality Management System Consultant in South Africa assisting small to medium sized businesses. Chantall worked with a variety of companies from numerous industries, which required her to rapidly understand business processes and how best to approach implementing changes resulting in greater operational efficiencies, increased profitability, and a purposeful customer focus.

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․ Dr Stuart Gibson PhD MSc DipM FCIM FCMI

Consultant: Commercial and Business Development Strategy

Dr Stuart Gibson, PhD MSc DipM FCIM FCMI, is an expert and leading authority on global private wealth and has spent over 35 years working and collaborating with global financial organisations in Europe, the Middle East, Asia, Africa and USA.

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After several years working in the Middle East, Stuart moved to Jersey in 1998 and started working for Mourant; followed by over ten years with South African banking group FirstRand (Ashburton Investments, FNB Private Wealth and RMB Private Bank). Stuart founded his research, education and strategic consulting firm Gibson Strategy in 2011, focusing on the private client and wealth management industry. He has interviewed over 1,000 private clients (HNWs, UHNWs), family offices and private wealth professionals.

Stuart is a consultant with Prospect Capital and consults on commercial and business development strategy using his extensive knowledge, experience, and network within the private wealth industry.

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• PROSPECT CAPITAL

Prospect Capital specialise in finding straightforward solutions for complex high value lending. To discuss your specific requirements, please contact us. We would be happy to provide you with further information.

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⭢ Corporate Profile

Jersey Prospect Capital Ltd One Liberty Place Liberty Wharf La Route de la Liberation St Helier Jersey JE2 3NY London Prospect Capital Ltd 63A South Audley Street, London W1K 2QS prospectcapital.je info@prospectcapital.je +44 (0)1534 288 977

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