Fund Portrait

Prestige Alternative Finance (PALTF) invests in a diversified portfolio consisting of rural, commercial and industrial loans, leases and finance agreements in the United Kingdom. The majority of lending activity will be project finance (typically renewable energy and waste to energy infrastructure but may also include specialist machinery, equipment and vehicles) and secured on assets including land, buildings, personal guarantees and sometimes government support incentives. All financing within the Fund is procured and administered by Privilege, a dedicated UK based, licensed ‘Finance Arranger’ which was established more than 20 years ago, employs almost 60 people and has originated more than GBP 1 billion worth of transactions. PALTF targets a return of 5-7% with very low volatility. PALTF has a queue of pending redemptions currently and has therefore stopped hedging non GBP share classes. Please refer to the section Publications for more details.