Eldridge (formerly Cain International)

ICG Real Estate is the real estate division of ICG (Intermediate Capital Group), a global alternative asset manager. Active in UK residential development finance, with a dedicated real estate credit business providing whole loans and stretch senior for large-scale developments in London and other gateway cities.

CapitalRise Finance Ltd (est. 2016; Co. 09571824; FCA reg. 816789; registered office 33 Cavendish Square, London W1G 0PW) is a specialist prime property development finance and bridging lender — the only dedicated funder focused uniquely on prime developments across London, the Home Counties and South East England. Founded by Uma Rajah (CEO), Alex Michelin and Andrew Dunn (Finchatton co-founders). Provides development, refurbishment, bridging and sales-period loans of GBP 1m-20m against prime residential, mixed-use and (from 2025) commercial assets, secured by first or second charge. Highly selective — historically only ~2% of applications complete. Funds via a FinTech investor platform (IFISA / crowdfunding) plus institutional lines: a GBP 150m facility (2025) and a GBP 250m bank funding line offering fixed pricing to UK Ltd borrowers. Since 2016 has originated GBP 500m+ (some sources cite GBP 859m of projects funded) with zero credit losses to date; rolling 12-month origination growth +189% (Jun 2025). Awards: Property Lender of the Year (Under GBP 20m), PROPS Awards; CEO Uma Rajah — Female Entrepreneur of the Year.

GBP 650m raised for whole loan strategy. EUR 1bn+ deals closed in 2021 alone. Expanded to France, Belgium, Denmark, Sweden, Finland. Whole loan LTV up to 80%. Focus: office, multifamily, retail, industrial, life science, hotel. BGO-related: EUR 221m senior facility for construction of light industrial (co-deal noted 2024).