balmain + corporation + about us + about balmain corporation
About Balmain Corporation
Balmain commenced business as an originator of commercial loans nearly 30 years ago. Over time, Balmain grew to become Australia’s largest non-bank provider of commercial mortgage finance providing access to both bank and institutional balance sheets as well as those it controls.
In recent years Balmain’s funds management activities in the commercial mortgage space have grown and it now manages over 4800 million in commercial mortgage funds on behalf of around 50000 investors.
Balmain is also active in loan servicing and administration via its substantial shareholding in AMAL Asset Management, which manages $xx on behalf of YY.
The Balmain Group is a major force in commercial loan origination in Australia. Some important facts on the business:
- The Balmain Group has over $8bn in loans under management;
- Balmain has 8 offices in Australasia with 40 Origination Teams and 130 staff;
- In the FYE 2008 Balmain originated in excess of $3.7bn of commercial mortgages broken up as follow:
Proprietary = 15%, Institutions = 55% and Banks = 30%; - Balmain in-sources all management functions and has fully fledged Finance, Human Resorces, Corporate Governance, Risk Management, Marketing & Graphics, Sales and Information Technology teams;
- Balmain is a rapidly expanding business; and
- Balmain is a great place to work.
balmain + corporation + about us + about balmain corporation
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