About HPSCP — Lenders & Special Situations
Property, construction and credit experience. Applied to lender decisions.
HPS Capital Partners supports lenders managing complex property, development and business exposures.
We bring together practical development and construction experience, lending and credit insight, business advisory and property research. This helps lenders understand the position, assess the available options and carry an agreed strategy through to capital realisation.
Experience Through Changing Markets
Our team’s experience spans property downturns, constrained credit, rising construction costs, builder failure and underperforming businesses.
We understand that a recovery strategy must work commercially and practically. Asset value, outstanding works, funding requirements, borrower circumstances and the time needed to execute all influence the outcome.
Leadership and Specialist Experience
Dean Crozier
Managing Director
Dean brings more than three decades of experience in property development, construction, and project delivery across residential, mixed-use, commercial, industrial, and retail property.
He has worked through changing property and credit cycles, advising investors, developers and head contractors on challenged projects and construction exposures.
Dean focuses on establishing the asset and project position, testing completion options and coordinating the practical work needed to progress an agreed recovery strategy.
He holds a Master of Construction Project Management from the University of New South Wales, with a specialisation in infrastructure and finance.
Paul Daly
Senior Specialist – Lending & Credit
Paul brings more than 35 years of banking and finance experience, including senior credit, relationship-management and leadership roles.
His work includes assessing stressed exposures, identifying the causes of financial underperformance and developing practical restructuring and resolution strategies.
Paul contributes a lender’s perspective on repayment capacity, security, reporting and refinancing risk. He supports decisions on whether an exposure should be supported, restructured, sold, or progressed toward enforcement.
He holds a master’s degree in banking.
Alison Pennington
Business Performance, Financial Assessment and Operations
Alison brings more than 30 years of experience across accounting, business advisory and executive leadership. Her background includes insolvency, operational performance, governance and business acquisitions and sales.
She helps assess a borrower’s business performance, identify operational weaknesses, and test practical improvement options. Her experience preparing businesses for sale also supports transaction planning and value realisation.
Alison holds a Bachelor of Commerce (Accounting) from the University of Newcastle.
Courtney Martin
Property Research and Market Analysis
Courtney brings more than 20 years of property research and market analysis experience across commercial, retail, industrial, residential and other property sectors.
Her expertise includes demographic analysis, population forecasting, catchment assessment and local property-market research. She helps establish the market context for an asset and assess demand, positioning and alternative uses to inform recovery decisions.
Courtney previously held research roles with Stockland and LandMark White. She holds a Bachelor of Property Economics from the University of Technology Sydney.
Specialist Support Around the Exposure
We work alongside the lender’s internal team and appointed legal, valuation, insolvency and technical advisers.
Where an assignment requires additional expertise, we coordinate the relevant specialists, with clear responsibilities and reporting arrangements.
Clear Responsibilities. Practical Involvement.
We agree our scope, fees, and reporting arrangements before work begins.
We identify the decisions requiring lender approval, coordinate the agreed actions and report on progress, expenditure and issues affecting recovery.
The lender retains commercial control, supported by a team that connects assessment with delivery.
Discuss Your Exposure
Tell us about the current position, immediate concerns and decisions ahead.
All initial discussions are treated confidentially, with any formal engagement subject to appropriate confidentiality arrangements.
