Tim Davies has been appointed Head of Financial Design at Blackstar Capital, a specialist structured finance and working capital solutions provider with expertise in origination, structuring, placement, and management of transactions globally.Davies has more than 25 years of experience in the global capital markets, having spent the previous five years focussing on generating financing options for FinTech origination in the trade receivables and payables space. In this newly created role at Blackstar Capital, he will be responsible for the design and execution of programmatic financial structures to back receivable and payable platforms. This capability aligns perfectly with the global drive to inject liquidity into the SME sector.
The appointment comes at a significant time for Blackstar’s growth. The company has evolved into a key partner for many corporates looking to optimise their working capital through alternative means, as banks focus on serving a narrowing band of multi-product, global corporates against a backdrop of increasing regulation and capital reserve requirements. Blackstar has built a global capability and a unique, networked approach to solving the issues that corporates face in optimising their working capital. Blackstar works with corporates, and investors across a full spectrum of working capital products.
Prior to his arrival to Blackstar, Davies held the role of Head of Receivables Finance at Natwest Markets where he was responsible for creating a digital SCF proposition backed by a capital markets issuance facility capable of real-time FX. He also helped build Demica from a fledgling entrant into the receivables and payables finance market to an industry leading FinTech solutions provider. He sequentially held the roles of Head of Origination, MD of Demica Finance and Chief Investment Officer at Demica’s captive finance company, MORE Finance.
Mark Stephens, CEO of Blackstar Capital, says: “Tim is someone with a stellar reputation in the market and a person we have grown to know and respect over a number of years. As Blackstar Capital embarks on a significant growth phase, with major projects soon to be announced, we are excited to welcome Tim to the team and look forward benefitting from the value and vast experience that brings to the business”
Davies says: “Blackstar is well known for its innovative and creative approach to transacting. I have been really impressed with the nimble, laser focussed execution and expertise of the team. Blackstar’s pipeline would be fantastic in a non-COVID market, but its current strength shows the value of understanding clients’ needs, and balancing today’s unique risks for investors. The next twelve to eighteen months will be transformative for Blackstar, as we lever these strength to tackle new markets and products.”
