An Expert Team.

Our multi-disciplinary team draw from their diverse backgrounds and extensive deal experience to ensure transactions are sourced, evaluated and executed in an effective and thorough manner. We are committed to offering our clients a professional and personalised service.

David Kaye
Chief Executive Officer, Puma Investments

David graduated from Oxford with a degree in law and was called to the Bar in 2000. He practised as a barrister at a leading London set of chambers for five years, specialising in advising on a range of complex commercial legal issues with a particular focus on financial investments and real estate. He joined the Group in January 2006 as Deputy General Counsel and in 2011 became Commercial Director and General Counsel. In 2012 David was appointed CEO of the Asset Management division of the Group and Puma Investments. David has led the Puma Property Finance business since inception.

Kevin Davidson
Managing Director

Kevin has more than 30 years’ lending experience in commercial and residential real estate finance in the UK and across Europe. He brings a full spectrum of investment, development and bridging lending knowledge, joining Puma Property Finance after spending four years at Aeriance Investments, where he was an Executive Director and lead originator for their real estate debt platform, with over £300m of new development, bridging and mezzanine loans originated and closed in 3 years across residential, student and most commercial sectors. Prior to Aeriance, Kevin worked in a number of real estate finance roles at Situs, Deutsche Pfandbriefbank, JP Morgan, Deutsche Bank and Nationwide.

Eliot Kaye
Managing Director

Eliot joined the Group in 2006 following seven years at leading city law firm, Berwin Leighton Paisner LLP, where he advised on a substantial number of M&A and private equity deals, and was short-listed as a nominee for the Associate of the Year Award at the Legal Week Awards. Eliot has been involved in the management of all the Puma VCTs, and has also been involved in the management of The Puma (II) Fund. Eliot’s role focuses on origination and executing property finance transactions across multiple sectors on behalf of Puma Property Finance.

Tom Walsh
Head of Risk

Tom has been involved in commercial real estate finance for over 25 years, both from an origination and a credit risk background. His most recent role was with Hudson Advisors UK as Head of Loan Asset Management where he had lead responsibility for the management and recovery of a large debt portfolio acquired by Lone Star from Anglo Irish Bank UK. Prior to this role, Tom was Head of Credit Risk at Anglo Irish Bank UK for seven years.

Tony Throp

Prior to joining the Group in 2012, Tony spent several years at PriceWaterhouseCoopers in both the Debt Advisory and Corporate Finance team where he advised on over $20 billion of transactions, including the debt restructuring of Rusal, Samsonite and Fat Face. Tony then joined the M&A division at RBS where he worked across a variety of sectors including retail, telecoms and utilities. Tony graduated with a first in Chemical Engineering from the University of Birmingham. Tony has a particular focus on healthcare development finance transactions in his role as a Director of Puma Property Finance.

Rahul Malde

Rahul Malde, CFA

Rahul joined Puma Property Finance from Hermes Investment Management, where he worked for three years – most recently as an Investment Manager. Prior to this, he worked in Nationwide’s Commercial Real Estate Finance division for two years. Rahul graduated from Cass Business School with a degree in Banking & International Finance.

Sarah Milne

Prior to joining Puma Property Finance, Sarah worked at The Property Box Company plc, a specialist mezzanine development finance lender, where she was an Assistant Director. Sarah graduated from the Leeds Metropolitan University in 2013, where she studied Human Geography and went on to represent Great Britain playing badminton.

Paul Murphy

Paul joined Puma Property Finance from Lendinvest where he worked as a Senior Financial Analyst for two years. Prior to this, he was a consultant in PwC’s actuarial department where he spent four and a half years. Paul graduated from the University of Manchester in 2011, where he studied Mathematics.

Mert Zabci

Mert Zabci

Prior to joining Puma Property Finance, Mert was an Investment Manager in the Commercial Team at Octopus Real Estate before which he was a Relationship Director and an Originator in the Real Estate Finance Private Equity team at RBS. Mert is a RICS Chartered Surveyor who qualified while working at BNP Paribas Real Estate. He has an MSc in Real Estate from Reading University and obtained a BSc in Economics and Politics from the London School of Economics.

Rocco Versace
Portfolio Manager

Prior to joining Puma Property Finance, Rocco worked for Anacott Capital where he assisted in sourcing, underwriting and structuring both investment and development transactions. More recently, Rocco worked for Avamore Capital where he was involved in origination, underwriting and loan monitoring. Rocco joined Avamore at its inception and helped the principals to build a £40m loan book in less than two years. Rocco graduated from Regent’s University London, where he studied Global Banking and Finance.

Sam McArthur
Chief Operating Officer

Sam joined Puma Investments in January 2015 as Chief Operating Officer. Prior to joining Puma, he was Managing Director of a multi-site wholesale and distribution business. Sam began his career at KBC Financial Products where he was responsible for European origination and structuring in the fund linked products business. Sam graduated with a first from the University of Birmingham and with distinction from ESCP Europe.

Paul Frost
Chief Financial Officer

Paul qualified as a Chartered Accountant in 2003, having graduated from Oxford University in 2000. He joined the Group in 2014 as CFO with responsibility for the financial oversight of the business, monitoring of business processes and controls, and financial review of investment opportunities. Prior to joining the Group, Paul focused on the UK commercial property market through roles at BDO, SEGRO plc and Capita Real Estate. Paul is now CFO of the Puma business.

Marcus Bethel
Finance Business Partner

Marcus oversees the operational finance processes on real estate loans and projects managed by Puma Property Finance, from origination through to redemption. He joined Puma Investments in 2016 after qualifying as a Chartered Accountant having trained at a top 50 audit and accountancy firm in London, specialising in real estate and financial services sectors. He graduated from the University of Exeter in 2013 with a degree in Economics & Finance.

Chris Psathas
Deputy General Counsel

Chris advises the Group on its real estate development and investment debt facilities, with particular focus on underwriting new lending transactions originated by Puma Property Finance, as well as assisting the asset management arm on the financing of its commercial and residential portfolios in Germany. He also assists various entities managed by the Group on real estate backed investments in the UK. Prior to joining the Group, Chris trained at Clifford Chance LLP, where he qualified into the Banking & Finance Department in 2011. Chris has a wide range of experience working on leveraged finance transactions, with particular focus on real estate finance.

Isabela Castro
Group Legal Counsel

Isabela joined Puma Property Finance from Linklaters, where she was an Associate in their banking team. During her five years at Linklaters, she completed secondments at HSBC Bank plc and BP plc, as well as the firm’s Singapore office. Isabela graduated from University College London with a degree in Law with Italian Law.

Charlie Thorne
Group Legal Counsel

Charlie joined Puma Property Finance from Jones Day where she worked as an Associate in the Banking and Finance Group. She has experience acting for commercial banks, private equity funds and private companies on both investment and development loans, principally in the real estate sector. Prior to graduating from BPP Law School in London, Charlie studied Geography at the University of Cambridge.