Paul Rickard to join Circle as Director of Corporate Finance

The New Year will welcome Paul Rickard as Director of Corporate Finance at Circle. This will build on Circle’s corporate finance team’s success in securing over £2b of facilities to enhance the liquidity position of the Group, fund the affordable homes programme and structure successful growth opportunities in challenging economic circumstances.

In his new role, Paul will focus on the development of financial risk management and develop the Group's corporate funding structures to maximise Circle’s ability to react to opportunities and support growth within the organisation.

Paul has over 10 years commercial experience with the ‘Big 4’ accountancy firms and a high growth corporate finance boutique in the affordable housing sector. Paul joins Circle’s award wining finance team after five and a half years as Director at Trade Risks where he launched Landericus, a German residential property fund, and managed over £750m in recent own name registered provider issues. He also serves on the board of Family Housing (Birmingham) Limited.

Calum Mercer, Executive Director of Finance, Circle said:

“I look forward to Paul becoming part of the finance team at Circle. I have had the pleasure of working with Paul on many occasions previously and am impressed by his knowledge of the sector and his great skill set. Paul joins us at an exciting time and will be a great asset to the team, helping us to enhance the life chances of many more people.”

Alex Pilato, Chief Executive, TradeRisks commented:

“It is with great regret that we say goodbye to Paul after more than half a decade with TradeRisks but we are delighted in the endorsement from Circle in bringing Paul in to the heart of the already strong Corporate Finance team. We thank Paul for all of his hard work over the years and his contributions to the success of the company and wish him the best of luck at Circle where we have no doubt he will be a very valuable asset.”

Notes to Editors:

Circle

Kimberley Rowley, Corporate Press and PR Officer

0207 288 4084

kimberley.rowley@circle.org.uk

TradeRisks

Alex Pilato, Chief Executive

020 7382 0910

alexpilato@traderisks.com
Andrew Hart, Managing Director

020 7382 0905

andrewhart@traderisks.com

About Circle

With 12 partners, and a dedicated team of more than 2,200 staff, Circle (formerly Circle Anglia) manages 63,500 homes, and provides services for around 300,000 people across the UK. Providing general needs, sheltered and supported housing, Circle also has a range of responsive care, support and maintenance services.

About TradeRisks

TradeRisks Limited is an FSA regulated corporate finance and investment firm providing financing and risk management solutions to UK and international groups within the essential services, infrastructure and public sectors.

TradeRisks promotes the themes of transparency and fair competition for debt and hedging products and has responded pro-actively and decisively where we have found evidence of market failure in meeting these basic expectations.

More details can be found at www.traderisks.com

03/01/12 17:12

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