European property peer-to-peer lending platform EstateGuru has appointed alternative credit and private markets expert Gabriella Kindert to its supervisory board as an independent member.
Kindert has gained more than 20 years of international experience in managing investment portfolios for institutional investors while creating and launching several new private market investment strategies.
She has held various managerial positions at Fortis Investments, at BNP Paribas Asset Management as global head of loans and at NN IP as head of alternative credit.
Kindert has identified areas for growth, including launching new products, partnering with institutional investors and expanding into other areas. Earlier this year, EstateGuru entered into the German P2P lending market.
“I am delighted to support EstateGuru in its future journey to be the leading European property-backed investment platform and support the funding needs of the real economy in these challenging times,” said Kindert.
“The management team reflects a strong combination of industry knowledge, ambition, and entrepreneurial culture backed by leading venture capitalists.
“EstateGuru achieved excellent results in the last years and has a definite, scalable technological advantage.
“I see a lot of further upside potential in several directions: expansion to new geographies, product base (for example, green loan products) and institutional investors that can benefit from a strong risk-adjusted return.”
“I’m delighted to welcome Gabriella,” said Marek Pärtel, co-founder and chief executive of EstateGuru.
“She is a highly-valued expert in private markets and digital transformation in lending. EstateGuru is on the verge of a substantial breakthrough in geographical expansion and capital markets development.
“We couldn’t have found a better candidate to complement our team as we start the execution of our ambitious roadmap.”
Last week, EstateGuru announced that it had exceeded its series A funding target by 252 per cent, to raise €880,000 (£783,583).