Randeesh co-founded Precede Capital in 2021 as a portfolio company of Towerbrook Capital Partners. In 2022 the Company received a commitment of £1bn of new capital from QuadReal, who also acquired an equity stake in Precede.
Prior to founding Precede, Randeesh was the Co-Founder and former CEO of Urban Exposure Plc (LON: UEX), building the company over nearly two decades into the UK’s leading residential development financer and extending over £1.7bn in development finance and £3bn in real estate finance overall. In 2018 Randeesh led the company to a successful flotation on the London Stock Exchange AIM market.
Over the years, Randeesh has successfully executed strategic joint ventures, credit lines, and loan syndications with numerous institutional investors and asset managers, including Carlyle, Apollo, KKR, QuadReal, Nomura, UBS, Starwood Capital, LaSalle Investment Management, Revcap and Aviva Investors.
Randeesh read Mathematics & Statistics at University of Warwick, and completed a PGDip Mathematics at Birkbeck, University of London in 2021.
Insights from Randeesh Sandhu
Calm amid the storm: why non-bank lenders have a key role to play during market turmoil
With three major US banks having collapsed this year, and markets roiled, it’s tempting to draw parallels between the current volatility we’re witnessing and 2008. The reality is that this turbulence is markedly different in origin and form to the…