Puma Property Finance has promoted Tony Throp as the business’s first head of healthcare.
The role has been created to reflect Puma’s commitment to the healthcare sector, supporting the development of care homes and associated social infrastructure across the UK.
Throp, who joined the investor in 2012, will be charged with expanding Puma’s healthcare lending franchise, which it counts among its existing clients several care home developers, including LNT, Angela Swift Developments and New Care.
In his time at Puma he has helped grow its healthcare lending business to help supply over 2,300 care beds, with a value of over £500m, through development loans.
His previous roles include at RBS and in the debt advisory and corporate finance teams at PwC.
‘Our business has grown substantially in recent years and our longstanding support of the healthcare sector has been a major part of that success story,’ said Paul Frost, managing director of Puma Property Finance.
‘Tony is widely recognised as a leader in his field, and his appointment as Puma’s first head of healthcare is a recognition both of his efforts in building our healthcare franchise, and our commitment as a business to continue investing in this vital sector in the years to come. I wish him every success and look forward to the growth he will surely deliver.’
Throp added: ‘Puma is committed to supporting and encouraging the development of high-quality healthcare schemes all across the UK. As life expectancy and the demand for good quality homes increases, the supply of new care beds is still not keeping pace with this growing need. We understand that well-designed developments offer long-term benefits, so I’m excited to step into this new role and continue to deliver future-proof schemes alongside trusted development partners.’
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