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Alan Penfold promoted to managing director of single-family BTR housing platform
Apache Capital has promoted Alan Penfold to managing director of Present Made, the firm’s single-family build-to-rent housing platform.
Penfold, who previously served as an executive director at Present Made, will work closely alongside Apache Capital’s CEO John Dunkerley and Chairman Mervyn Howard after the departure of founding partner Richard Jackson.
Penfold brings more than 15 years of experience in housebuilding to the new role. He spent four years as a director at Apache Capital before moving to Present Made. Before Apache Capital, he held land and development-focused roles at Barratt Homes, Bellway Homes and Crest Nicholson.
Under Penfold’s leadership, Present Made will broaden its strategy to include working with other developers, including volume housebuilders, as part of plans to rapidly scale the platform.
“My ambition is to build on the excellent work that has been done so far in establishing Present Made as a leading player in the si