Specialist direct lending investment management group celebrates seven year Fund track record and $500m in AuM amidst increased interest in secured direct lending strategies.
Prestige Fund Management and Affiliated companies (“Prestige”), the specialist direct lending investment management group has recently celebrated the seventh birthday of its “Alternative Finance Fund” by passing US$500m / BP£350m in assets under management, and group assets raised since 2008 now stand at approximately US$1.1b / BP£780m. Prestige, focuses on commercial loans for small and medium enterprises (SMEs) in the UK, launched its loan strategy in 2008 and now has over 60 employees and retained consultants globally. Specialist financing areas of focus include asset, project and invoice finance related opportunities.