Lender Turns To Former Close Brothers Chief

Specialist lender Enra Specialist Finance has named Preben Prebensen (pictured) as its new chairman.
Prebensen was chief executive at Close Brothers Group from 2009 to 2020, when it tripled the size of its specialist lending business. Following his success at Close Brothers, he assumed a number of other corporate roles, including chair of specialist insurance firm RiverStone International, as well as serving on the board of British Land as senior independent director.
“Preben brings unrivalled experience, as well as a real passion and enthusiasm to help us achieve our ambitions as we continue to build the UK’s leading non-bank specialist lender,” Danny Waters, founder and chief executive at Enra, commented.
“I am exceptionally proud of what we have achieved as a company already. We have never been stronger or better placed, and with Preben and Elliott on board, I’m sure we will go on to even greater success.”
Elliott Advisors, an investment management company, acquired a majority stake in the Watford-based lender last year.
Commenting on his appointment, Prebensen said he was joining Enra at an “exciting time as the business continues to grow.”
“My role will be to advise and support Danny and the team who have done a great job establishing Enra,” he added. “I very much look forward to working with them, and with Elliott Advisors who bring deep expertise and resources as owners.”
People Power: Building The Future Of Insurance One Career At A Time
The insurance industry is at a pivotal point. As emerging technologies reshape underwriting, claims processing, and cust... Read more
Private Equity's Great Divide: Is The Future Insurance-Funded Or Fee-Driven?
A fundamental shift is taking place at the top of the private equity industry. While firms like Blackstone remain commit... Read more
Japan's Next Battleground: The Insurance Sector Under Activist Pressure
Farallon’s push at T&D Holdings marks a shift in focus for activist capital targeting Japan’s untapped insurance... Read more
Cover And Conflict: Tensions Rise Between Insurers And Litigation Funders
Burford’s clash with Chubb signals a deeper rift in the legal-financial ecosystem A high-profile dispute between li... Read more
Underwater And Uninsured: How Climate Risk Is Reshaping The US Mortgage Market
As climate change intensifies, its effects are no longer confined to coastlines or news reports on extreme weather. In t... Read more
When The Raters Get Rated: What The Fitch–Kroll Feud Says About Oversight And Accountability
In a rare and unusually public confrontation between two of America’s credit rating agencies, a recent feud between Fi... Read more