Description:
Developing a funding strategy will allow Towns to consider the variety of funding routes that are available to them. The purpose of this support is to help Towns to understand the factors that impact on the ability to raise finance, and key characteristics of different types of funding.
Understanding the process to secure private finance will play an important role to allow Towns to plan and deliver their development and investment programmes. The purpose of this support will be to help Towns to understand the different stages to procuring private finance from an initial soft marketing testing of funders to gauge interest and indicative terms; to a formal fund raise where the funder seeks their investment committee approval in order to fund a project.
Please note that this event is limited to 10 places, so we ask that only one member from each town registers. We plan to run the event again in future, for those who miss out on a place this time.
About the speakers:
Wayne works on delivery of engagements to local and central government across property including housing, leisure, and mixed-use development schemes.
City Property Glasgow LLP - Wayne led a £650m fundraise for City Property Glasgow LLP, the wholly owned subsidiary of Glasgow City Council.
The fundraise was delivered to aid the Council to meet an equal pay liability and has been structured in a manner to maximise the funds that could be secured using the property assets of the subsidiary and the Council. Wayne has led work in respect to the procurement, funder evaluations, financial modelling, corporate structuring, and corporate tax input. The work completed in November 2019.
Joe has over eight years of experience delivering infrastructure engagements across a portfolio of clients, including local and central government and private sector clients, predominantly within the real estate sector. He has recently advised multiple councils on their Future High Street Fund business cases.
Sandeep is an associate director within the public sector services team at Grant Thornton. Sandeep has significant experience in leading large infrastructure, housing and commercial development projects. He has worked as a financial advisor for the last 9 years, with a short 10 month at a London & Quadrant Housing Trust.