Randeesh Sandhu, Co-Founder and CEO – From the Brink of Death to £4BN in Private Credit

This week, I sat down with Randeesh Sandhu to unpack a career that spans investment banking, real estate development, private credit, and public markets, and what it really takes to build a durable lending platform across multiple cycles.

Randeesh is Co-Founder and CEO of Precede Capital Partners, founded in 2021 as a portfolio company of TowerBrook Capital Partners. Prior to Precede, he co-founded and led Urban Exposure Plc for nearly two decades, growing it into the UK's leading residential development financier. Under his leadership, the business deployed more than £1.7bn in development finance and over £3bn in real estate finance, before floating on the London Stock Exchange AIM market in 2018.

In this conversation, Randeesh shares how he moved from credit derivatives at Deutsche Bank into real estate entrepreneurship, why underwriting discipline matters more than chasing deals, and how the post-GFC withdrawal of banks created the foundations of the UK's non bank lending market. We also discuss the realities of scaling a private credit platform, lessons from public markets, the personal cost of leadership, and how Precede is now positioning itself across large scale, living led real estate in the UK and Europe.

Key Topics Covered in This Episode

✅ From Deutsche Bank to Real Estate Entrepreneur

Why Randeesh left investment banking to build a property business and how that early leap shaped his approach to risk and conviction.

✅ Building and Scaling Urban Exposure

How the platform evolved from equity and development into private credit, and what it takes to deploy billions without capital loss.

✅ Private Credit After the GFC

Why non bank lenders emerged, how structured lending works in practice, and what institutional investors look for today.

✅ Lessons from Public Markets

What Randeesh learned from listing on AIM, navigating volatility, and why private ownership can better support long term strategy.

And of course, I asked Randeesh the big question:

Who are the People, what Property, and which Place would you invest in if you had £500 million to deploy?

If you have thoughts or questions about this episode, drop them in the comments. I'd love to hear your take.

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