Princeton’s business model is supported by a Wholesale Funds Management platform. Princeton’s product offerings include financing the acquisition of Development Approved sites and Construction Loans for residential development projects in the Sydney metropolitan area up to two hundred (200) dwellings.

Princeton holds Australian Financial Services No. 429511.

Princeton adopts strong corporate governance measures by utilising the services of a custodian who holds investor funds and securities, external auditors, independent credit and compliance committees.

George Gadallah

Chief Executive

George Gadallah has been involved in the finance and property sectors for over 25 years. In 2012, George in conjunction with Craig Anderson founded Princeton Mortgages and the Princeton Fund Series. George is Princeton’s Responsible Manager under its Australian Financial Services Licence. Prior to establishing the Princeton Group of companies, George held various management roles at ANZ and St. George (SGB) between 1995 – 2011. During the period of 2008 to 2011, George was the Executive Manager and Head of Property Finance CBD for SGB.

George is an expert in prudent risk and credit management and his role at SGB included responsibility for his team’s performance in this regard. George holds a Bachelor of Economics and a Master of Business (Finance) from the University of Technology Sydney.

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Craig Anderson

Executive Director

Craig Anderson commenced his career in Accounting with Deloitte, as well as subsequently being the founding partner of another firm of Chartered Accountants. After spending some time in the equities markets, it became evident to Craig that his true passion lay in the property market. This led to the formation in 1999 of the Ashington Group.

Craig was the Chief Executive Officer of Ashington Group for 12 years, during which time he built a highly professional team with expertise in property investment and development. He instilled a results-oriented culture, and developed a business with a high level of integrity and professionalism.

Craig holds a Bachelor of Economics from Macquarie University and a Graduate Diploma in Financial Planning from Deakin University. Craig also acquired post graduate qualifications with the Institute of Chartered Accountants in Australia and the Securities Institute of Australia.

John Thomas, OAM KSS

Chairman of Compliance Committee and Credit Committee Member

John Thomas “JT” has been involved in banking, finance and funds management activities for 46 years. After initial training with a major bank, a building society and then a credit union, JT joined the Howard Group in 1987, where he began Managing the Howard Mortgage Trust in its fledgling years. When Challenger International acquired the Howard Group in 1997, JT continued his role as CEO of the Howard Mortgage Trust. By the time JT left Challenger in May 2003, after managing the Howard Mortgage Trust for 16 years, the assets of the Trust had risen to a little under $3billion to be the largest and consistently the best performing trust of its kind in Australia. The fund was awarded the Australian fund manager of the year award in the fixed interest category on 7 occasions. The trust was the only fund of its kind to hold five-star ratings from every major research house in Australia.

JT was Chairman of the Financial Services Council (FSC) mortgage fund sector working group from 2005-2010. Membership included Challenger, AXA, Perpetual, Colonial First State and ING with total member FUM in excess of $30billion.

Over the years both APRA and ASIC have sought JT’s advice on industry matters and have on occasions adopted his recommendations on an industry wide basis.

JT has an enviable record for not having lost one cent of investor funds even during the GFC, in either his mortgage or property fund activities.

As a Fellow of the Institute of Financial Services and a Fellow of the Australian Institute of Company Directors. He currently provides compliance advisory to no more than a handful of fund managers including Princeton.

In 2011, JT was awarded a Papal Knighthood (KSS) in recognition of his years of “meritorious service to the community and to the Catholic Diocese of Parramatta” most notably his Chairmanship of the Diocesan Finance Council and his assistance with the significant Catholic School building programs and his Chairmanship of Church retirement villages.

In June 2022, JT was awarded an Order of Australia Medal (OAM) in the Queen’s birthday honors list in recognition of his years of “outstanding and meritorious service to the community and to business”

Scott Steel

Chief Financial Officer

Scott brings over 35 years as an accomplished finance professional including 15 years of distinguished performance in funds management and property development. Scott brings a breadth of knowledge across various property acquisitions and the development of residential, commercial, hotel and light industrial assets. Scott commenced his career working in tax and audit for Deloittes specializing in the SME sector.

Scott is responsible for the overall finance and performance of the business including compliance , reporting, strategic planning and information technology. In addition to this Scott has considerable experience evaluating investment opportunities with a particular focus on debt and equity finance structuring. He is also involved in the review, negotiation and approval of financial and legal documents and assists with the settlement of property transactions.

Bryan Boyd

Head of Credit Administration & Credit Committee Member

Bryan has held several General & Executive Management roles across lending, credit and operations at GIO, AMP and St. George Bank spanning over 40 years in his Finance career.

He has a strong background in large scale property development finance and brings with him the experience of operating through a range of differing property cycles.

George Young

Head of Development

George commenced his career as a consultant at Savills. His role focussed on developing front end business cases, investment and divestment strategies and master planning studies for public and private clients.

George’s passion for development grew when he joined a Sydney based private developer. As Development Manager, George was responsible for managing a diverse portfolio of developments across New South Wales. Developments within the portfolio included commercial office, multi-dwelling residential, residential subdivision, and hotels.

George strives to create outcomes that benefit the community and broader built environment, whilst balancing the financial returns of a development. George holds a BA (hons) Planning and Property Development from Oxford Brookes University.

Michael Fardoulis

Head of Distribution – Investor Products

Michael Fardoulis serves as the Head of Distribution – Investor Products at Princeton Mortgage Fund, where he spearheads strategic initiatives and drives growth in a dynamic market. In this role, he leverages his expertise to develop and execute distribution strategies, building strong relationships with key stakeholders.

Prior to his current position, Michael held pivotal roles in prominent financial organizations where he played a vital role in expanding the company’s investor base and fostering strategic partnerships. With more than 10 years’ experience in Real estate credit and close to two decades in Wealth Management Michael is well positioned to manage all our corporate and wholesale clients’ needs and transactions.