Payton Capital names new state lead

Payton Capital, the private debt fund manager, has hired a career banker as the new state manager of Victoria.

Arriving for National Australia Bank, Peter Loukas will head the Victorian borrower services team, where he is tasked with driving significant growth in lending opportunities and strengthening client relationships within the property development

With over 25 years of experience in banking and finance, Loukas focused on SME and corporate banking, particularly within the property sector.

His leadership will be pivotal as Payton Capital looks to accelerate its growth following the acquisition of the business by leading alternative asset manager HMC Capital.

HMC Capital - established by former UBS operative David Di Pilla -  last month snapped up the private credit fund manager.

The acquisition represents the fund's first major step in establishing a $5 billion diversified private credit asset management platform under the lead of Matt Lancaster as chair.

"We're excited to have Peter on board as we continue to build on the momentum in the non-bank lending sector and right on the heels of our recent acquisition by ASX-listed HMC Capital," said Payton Capital co-head Jeremy Townend.

"Peter's extensive industry knowledge and proven leadership will be crucial as we pursue our growth strategy and capitalise on emerging opportunities."

Loukas' previous roles include commercial real estate executive at NAB, where he played a key role in expanding Victoria's commercial real estate sector.

He also held senior leadership positions at Bendigo Bank and other notable roles within NAB, such as associate director for deal structuring and associate director of corporate property, further demonstrating his expertise in property development financing.

Commenting on his new role, Loukas said, "This is an exciting time to join a leading commercial real estate private credit business, which is undergoing significant growth.

"I'm eager to work with the dedicated team at Payton Capital to drive our market share in Victoria."

Tim Koroknay, a long-time Fidante Partners executive, recently moved to HMC Capital as head of wholesale.