Grosvenor expands private credit business with director hire

Grosvenor has boosted its private credit business with the hire of James Conolly as director of origination.

Conolly brings over 17 years of real estate finance experience to the company, most recently at privately-owned investment firm Topland Group. He began his career with 10 years at RBS in the real estate finance team.

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Grovesnor’s private credit strategy, which launched in 2022, has committed over £230m to date primarily to the UK living sector, which has supported the delivery of 3,575 homes.

Conolly will support the organisation’s move to expand its activity beyond the living sector, utilising his ability to identify opportunities across all asset classes. He brings with him a strong network across the sector, which will support Grovesnor’s push to deploy over £200m across 2025/26.

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“I’m thrilled to be joining Grosvenor at such an exciting time,” Conolly said.

“Their long-standing development expertise really sets them apart as a lender, and with ambitious plans for growth, I’m looking forward to getting started.

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