LendInvest, a property finance asset manager, is set to launch a new open-ended fund targeting financing loans for property.
The fund, which has a target raise of £300m, currently has more than £200m in capital for the new fund from existing investors. LendInvest said the fund will continue the investment strategy of the firm's previous flagship fund, the Real Estate Opportunities fund, which launched in January 2014. As in LendInvest's other fund, it will be focused on short-term transactional loans providing financing for the firm's bridging and development loans. LendInvest said investors in the fund will "benefit from improved headline terms and structure, designed to be attractive and competitive to...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
