Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Log In
Optimized-Stuart Law
May 16 2019

Assetz launches institutional fund

Kathryn Gaw Industry News, News Assetz Capital, Stuart Law

ASSETZ Capital has launched a Luxembourg-based private fund, in order to attract more institutional money to scale up its lending.

The peer-to-peer lender unveiled the new fund on Thursday, which is purely open to institutional and professional investors.

The fund will invest in small- and medium-sized enterprise (SME) loans backed by property, originated by Assetz Capital. Around 90 per cent of the loans will come from regional geographies outside London.

Assetz Capital said that an unnamed, “highly innovative, well-established, Financial Conduct Authority-authorised fund manager will act as the investment manager for the fund”.

As Peer2Peer Finance News reported in March, Assetz Capital has been securing a number of institutional funding deals to support its expansion plans. It recently announced an agreement with Germany’s Varengold Bank.

“This new fund launch provides a new long-term funding structure to further increase the scale of our marketplace and our lending support to UK SMEs,” said Stuart Law (pictured), chief executive of Assetz Capital.

“It further expands the universe of investors that can access the Assetz Capital marketplace, alongside our valued retail lenders.

Read more: Assetz Capital attracts £10m into 90-day account in just one week

“We believe that our small-balance, real estate-backed loans can provide an additional, well-diversified source of sustainable income to an investor’s portfolio. At the same time, it allows investors to diversify and more conservatively position their real estate investment exposure.

“Assetz Capital is a marketplace where British businesses can access capital, and investors can participate in hundreds of SME loans at the click of a button. This is the first in a number of new institutional and retail funding initiatives that we will be announcing in the coming months as we continue our mission to create one of the UK’s leading sources of secured income for all classes of investors.”

Assetz Capital recently unveiled plans for a fresh fundraising round on equity crowdfunding platform Seedrs, aiming to raise £1m. It also indicated the possibility of an initial public offering in the future.

Banking Cyber Security Forum Five ways the private and public sector is supporting non-bank lenders

Related Posts

Michelle-Mone-photo-credit-Dan-Kennedy

Industry News, News

Michelle Mone’s crypto platform rebrands again

shutterstock_529618147

Industry News, News

Assetz Capital dips into provision fund to refund wind energy investors

shutterstock_1383378692

Global News, Industry News

Funding Circle urges US regulators to follow UK model

Popular posts:

  • More firms withdrawing P2P regulatory applications…
  • ThinCats announces closure of retail P2P lending platform
  • MoneyThing winds down platform
  • A new dawn: P2P lending gets set for…
  • RateSetter publishes living will terms
  • Platform failures enhance City investor focus on…
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2019 • Additional design by