LendInvest Capital surpasses £100 million milestone for flagship private debt fund

• Fund hit three-year track record in January 2017

• Highlights fast-growing appetite for private debt strategies in UK real estate

LendInvest Capital, a UK-based specialist real estate lender and fund manager, has announced that its flagship private debt fund, the Montello Real Estate Opportunity Fund (“Fund”), is now managing over £100 million on behalf of private and institutional clients.

The Fund hit its three-year track record in January 2017 and surpassed the £100 million milestone at the end of April. This was the culmination of a very active year during which the Fund more than doubled in size (up 113% from  £47m AUM at 30 April 2016 to c. £100m AUM at 30 April 2017). The Fund also had a record quarter for fundraising between January and March of this year, receiving £30 million of new investment.  

Since inception, the Luxembourg-domiciled Fund has attracted a wide range of investors that now includes asset managers, banks, endowment and pension funds, family offices and HNW individuals broadly spread across Europe, Middle East and Asia.

LendInvest Capital is the fund management and investment advisory arm of LendInvest, a leading UK property lending business that specialises in short term finance for small and medium size real estate investment and development companies. The LendInvest group manages and advises on more than £430 million of assets on behalf a wide range of UK and international investors and has lent more than £1 billion since launching in 2008.

Rod Lockhart, Managing Director of LendInvest Capital commented: “In such a consistently low-yield interest rate environment, the hunt for income has never been so strong. We can expect to see private debt becoming an increasingly mainstream component of investors’ portfolios. Real estate private debt funds, in particular, are well-placed to prosper; despite the hurdles created by the Brexit referendum and the upcoming general election, UK real estate is proving fundamentally resilient. For investors, an exposure to real estate debt provides a strong income return combined with the security provided from the underlying asset.”

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About LendInvest Capital

LendInvest Capital is the fund management and investment advisory arm of the LendInvest Group (‘LendInvest’), a leading UK property lending business.

LendInvest manages and advises on more than £430 million of assets on behalf a wide range of UK and international investors. LendInvest’s investment clients range from sophisticated and high net worth individuals that invest via LendInvest’s online investment platform, to global institutions including Macquarie Group that provide multi-million pound credit lines. The funds managed and advised by LendInvest Capital attract investment from asset managers, deposit-taking banks, endowment and pension funds, private banks, family offices and HNW individuals.

All funds are invested in loans originated by LendInvest’s experienced mortgage underwriting team and secured against registered UK property. LendInvest specialises in the supply of bridging, development and short-term buy-to-let loans for experienced property investors and developers. To date, LendInvest has lent £1 billion to help borrowers buy, build and renovate almost 4,000 properties worth in excess of £1.8 billion.

LendInvest employs over 110 individuals. More than a quarter of the team is dedicated to underwriting, loan analysis, servicing, relationship management and business development.

LendInvest Limited is authorised and regulated by the Financial Conduct Authority and is the only UK online lender to have been rated twice by a regulated European credit rating agency (2015 & 2016), receiving both times the highest possible rating for the quality of its loan servicing.

For further information, please visit www.lendinvestcapital.com.

IMPORTANT INFORMATION

This press release is communicated by LendInvest Capital Advisors Ltd. It is not being made and has not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly this press release is not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of this press release is directed exclusively at persons in the business of disseminating information in the United Kingdom within the meaning of Article 47 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 or to those persons in the United Kingdom falling within the definition of Investment Professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005), or to other persons to whom it may lawfully be communicated.

This press release may only be released, published or distributed in accordance with applicable regulatory requirements. The information contained herein is not for release, publication or distribution in or into the United States, or any other jurisdiction where it is unlawful to distribute it.

LendInvest Limited is is authorised and regulated by the Financial Conduct Authority under interim permission 658890 for consumer credit activities. LendInvest Funds Management Limited is authorised and regulated by the Financial Conduct Authority (No. 624223). The registered office of both LendInvest Limited and LendInvest Funds Management Ltd is 8 Mortimer Street, London, W1T 3JJ.