Pepper assets hit £10bn
The value of assets under management by Pepper (UK) Limited has broken the £10bn mark.
The business, which is part of the global Pepper Group, today announced the significant increase.
Richard Klemmer, CEO of Pepper UK, said: “This is an important milestone for Pepper UK and confirms Pepper’s position as one of the leading residential and commercial loan servicing companies in the UK.
“We are able to offer our clients access to state of the art technology and, perhaps most importantly, to a team of highly experienced professionals who can provide a bespoke service designed to meet their specific requirements.
“I am confident that Pepper UK, which includes residential mortgage lending as well as loan servicing, will continue to go from strength to strength and I look forward to further growth across all our business lines over the coming years.”
Pepper UK was established in 2003 as Oakwood Global Finance LLP, which was acquired by the Australian based Pepper Group in September 2013. The Pepper Group is listed on the Australian stock exchange and operates across several countries.