Private Debt - Sustainable

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Fund Portrait

The Fund is mainly active in the UK Asset Based - Direct Lending / Asset - Project Finance for SMEs active in the Agricultural space, with a focus on farm energy renewables. The projects are often backed by the UK government as they play a key part in the UK Climate Change Agenda. The Fund has a target return of 7% p.a. with an investment horizon of 3-5 years (portfolio average duration is 3.5 years). The originator has been in business since 2001 and the fund strategy has been live since 2009. This strategy is suitable for medium/long-term investors looking for regular and consistent performance.

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TYPE STRUCTUREOpen Ended Investment Company (OEIC)
DOMICILECayman Islands
LAUNCH DATEJanuary 1, 2009
MANAGERPrestige Fund Management Limited (Cayman)
DISTRIBUTOR SWITZERLANDOpenFunds Investment Services AG (Switzerland)
AUDITORDeloitte (Cayman)
CUSTODIANButterfield Trust (Bermuda)
REGULATORCayman Islands Monetary Authority (CIMA)
PAYING AGENT SWISSSocietà Bancaria Ticinese SA (Switzerland)
GEOGRAPHYUnited Kingdom
SECTORAsset Based Direct Lending / Agriculture / Renewables Small Medium Business
SHARE CLASSESInstitutional and Advisory, Accumulating and Distributing
CURRENCYUSD, EUR, GBP, CHF, SEK, AUD
INITIAL CHARGES0%
SUBSCRIPTIONSAdvisory: USD 100'000 (or currency equivalent) / Institutional: USD 1'000'000 (or currency equivalent)
LIQUIDITYAdvisory: Monthly, on 30 days' notice up to USD 2m (or currency equivalent) / Institutional: Monthly, on 60 days' notice up to USD 2m (or currency equivalent)
MANAGEMENT FEEInstitutional Accumulation: 1.25% p.a. / Advisory Accumulation: 1.25% p.a. / Institutional Distribution: 1.50% p.a.
PERFORMANCE FEEno performance fee
FUND SIZEUSD 446 m
MANAGER TRACK RECORDSince 2007
ISINPlease refer to the factsheets
BLOOMBERG CODEPlease refer to the factsheets