Prestige Alternative Finance

OVERVIEW


Prestige Alternative Finance is an experienced investor, asset-based lending strategy, which invests in a highly diversified portfolio of rural, commercial and industrial loans and leasing agreements in the United Kingdom. The strategy is an absolute return alternative investment designed to outperform traditional equity-based investments in terms of annualised risk. This is achieved by investing in a portfolio of loan and leasing agreements carefully managing individual client and sector asset allocation risk which generates a steady income stream with a low default risk both on individual cases and the wider asset class. Over the medium-term, this investment strategy has consistently retained near zero volatility and near zero correlation to traditional equity markets and regularly outperformed them on an absolute return basis. All lending is secured on assets together, often with personal guarantees and substantial initial deposits from each customer. Extensive background checking, research and credit scoring is conducted before each loan/lease agreement goes live. All lending within the Fund is procured and administered by a specialist UK based regulated Finance Company who use sophisticated lending systems and procedures to evaluate potential lending which, is often also used by rural lending desks of major financial institutions. Members of the specialist lending team have extensive direct lending experience at major financial institutions in the UK working within the asset-backed direct lending divisions, specifically focused on rural and commercial finance.


The Prestige Alternative Finance team consists of a diverse group of seasoned investment professionals who, combined, have many decades of experience in investment banking, stock broking, private equity, hedge fund management and other alternative investments. The team is able to draw upon a wealth of relationships, research and due diligence both, in terms of quantitative and qualitative capabilities.


HIGHLIGHTS

 

  • Invests in a diversified portfolio of asset based lending and leasing contracts - with a focus on absolute return

  • Invests in high rated / credit scored loan and lease agreements only in the United Kingdom

  • Niche strategy - non correlated to traditional equity, bond or commodity markets

  • Consistent returns in all market conditions

  • Target capital appreciation: (6% - 10% p.a.)

  • Target annualised volatility: (1% p.a.)

 

SUMMARY OF TERMS

 

Investment Manager: Prestige Fund Management Ltd
Investment Administration: Prestige Asset Management Ltd
Investment Distribution: Prestige Asset Distribution Ltd
Investment Strategy: UK / Asset Based - Direct Lending
Domicile: Cayman Islands
Structure: Limited liability mutual fund company
Regulator: Cayman Islands Monetary Authority (CIMA)
Administrator: Butterfield Fulcrum
Auditor: Deloitte
Custodian: Butterfield Trust
Currencies: $ US Dollar / € Euro / £ Sterling / CHF / SEK
Minimum Investment: $100,000 / €80,000 / £60,000 / CHF100,000 / SEK600,000
Life Co / SIP / QROP: $25,000 / €20,000 / £15,000 / CHF25,000 / SEK150,000
Via ONSL Nominees: $10,000 / €8,000 / £6,000 / CHF10,000 / SEK60,000
Liquidity: Monthly, on 30 days notice
Fees: Initial 0.00%
Management 1.25%
Performance 10% Net profit, high water mark
Redemption 5% in first year, declining by 1%
per year, 0% after 5 years

 


 

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