Centuria Bass Credit adds sales executive

Alternatives asset manager Centuria Bass Credit has appointed a new distribution lead for its private capital business.

With extensive experience across wealth management, Tom O'Donnell joins the team as executive director.

In his new role, he will support Centuria Bass' distribution and investor relations strategy across the business.

O'Donnell joins from TOD Advisory, where he served as chief executive for seven years.

Previous roles include distribution partner at Pallas Capital, director of private wealth at ANZ and head of business development for Credit Suisse's local private bank.

Centuria Bass joint chief executives Giles Borten and Nick Goh said O'Donnell's proven track record and strategic insights align seamlessly with the corporate vision.

"The philosophy of Centuria Bass has been to deliver institutional grade expertise in investment management where it had been lacking in middle market private lending," they said in a release.

" For over seven-and-a-half years, we have delivered compelling returns on secured private credit loans averaging over 11.8 per cent annually with no losses of principal or interest to investors on any of our 120+ investments."
Centuria Bass was founded in 2016 and has grown to over $1.5 billion in funds under management over 120 investments.

The real estate investment manager and non-bank lender firm is an arm of the ASX-listed real estate fund manager Centuria Capital Group.

Late last year, the firm appointed Lachlan Tracey as head of capital markets and co-head of execution.