A private equity fund, licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), operates as an open-ended umbrella alternative investment fund. Through its subsidiaries, the Fund offers investors the opportunity to invest in London property-secured lending, targeting high returns. Since its launch in February 2021, the Fund’s assets under management (AUM) have grown to €65+ million.
The London Credit Fund is addressed to professional and(or) well-informed investors with high-net-worth individuals, banks, provident and pension funds as well as insurance companies being types of investors who have already invested.
Fund Information | |
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Name of the Fund | LC London Credit AIF V.C.I.C. Public Ltd |
Legal Form | Variable Capital Investment Company |
Fund Structure | An open-ended umbrella Fund |
CySEC License Number | AIF50/2018 |
CySEC License Date | 04/03/2019 |
Depositary | Eurobank Cyprus Ltd |
Legal Advisors to the Fund | Antis Triantafyllides & Sons LLC |
Fund Administrator | KPMG Limited |
Auditors | BDO Ltd |
Compartment A | Compartment B | Compartment C | |
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Target Return | 4% – 5% p.a. on EUR 5% – 6% p.a. on GBP 5% – 6% p.a. on USD | 5% – 6% p.a. on EUR 6% – 7% p.a. on GBP 6% – 7% p.a. on USD | 6% – 7% p.a. on EUR 7% – 8% p.a. on GBP 7% – 8% p.a. on USD |
Distributions | Quarterly | Quarterly | Annually |
Minimum investment term | 12 months | 12 months | 18 months |
Minimum investment amount | €125,000 | €125,000 | €125,000 |
Redemption period | 6 months’ notice | 6 months’ notice | 6 months’ notice |
Subscription/Entry Fee | Up to 1% | Up to 1% | Up to 1% |
Management Fee | Up to 1.65% | Up to 1.65% | Up to 1.65% |
Performance Fee | 20% above target return | 20% above target return | 20% above target return |
Redemption Fee | None | None | None |
Fund Performance:
You can download our London Credit Fund’s 12-month performance for the years 2022, 2023, and 2024.
Fund Documentation:
You can download the London Credit Fund’s KIIDs for Compartment A, Compartment B and Compartment C, and the Prospectus.