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 renewables play a key part of its 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 STRUCTUREEU SICAV-SIF (Open Ended) (AIFMD COMPLIANT)
DOMICILELuxembourg
LAUNCH DATEAdvisory: January, 2019 / Institutional: December, 2018
MANAGERPrestige Capital Management Limited
DISTRIBUTOR SWITZERLANDOpenFunds Investment Services AG (Switzerland)
AUDITORKPMG (Luxembourg)
CUSTODIANMitsubishi UFJ Investor Services & Banking (Luxembourg) SA
REGULATORCommission de Surveillance du Secteur Financier, Luxembourg (CSSF)
PAYING AGENT SWISSSocietà Bancaria Ticinese SA (Switzerland)
GEOGRAPHYUnited Kingdom
SECTORAsset Based Direct Lending / Agriculture / Renewables Small Medium Business
SHARE_CLASSES Institutional and Advisory, Accumulating and Distributing
CURRENCYGBP, USD, EUR, CHF, SEK
INITIAL CHARGES0%
SUBSCRIPTIONSInstitutional: EUR 1'000'000 (or currency equivalent) / Advisory: EUR 125,000 (or currency equivalent)
LIQUIDITYUp to USD 2 million (or currency equivalent) monthly on 90 days’ notice on a best effort basis. Amounts greater than this are by prior arrangement
MANAGEMENT FEEInstitutional: 1.50% p.a. / Retail: 1.50% p.a.
PERFORMANCE FEEno performance fee
FUND SIZEUSD 260 m
MANAGER TRACK RECORDSince 2011
ISINPlease refer to the factsheets
BLOOMBERG CODEPlease refer to the factsheets

Craig Reeves (Prestige Group) - ESG AWARENESS 2022

Craig Reeves Board Director and Founder Prestige Group - Private Market

Dominique Becht (CIO Stiftung Abendrot) and Craig Reeves (founder and CEO of the Prestige group)