Hadrian's Wall Secured Investments Ord

Name
Hadrian's Wall Secured Investments Ord
Manager
International Fund Management Limited
Type
Closed Ended Investment Company
ISIN
GG00BYMYC345
Sector
Debt - Direct Lending
Launched
20/06/2016
OCF
2.06 %
3 Year Sharpe
-0.62
Yield
6.3 %
Fund Size
£ 102.96 million
NAV
96
Gearing
79
Discount Premium
-26
To provide Shareholders with regular, sustainable dividends and to generate capital appreciation through exposure, directly or indirectly, to primarily secured loans originated across a variety of channels, assets and industry segments. The Company will invest in loans, which will predominantly be secured upon a variety of asset types. The types of Loans that the Company will target include the following: equipment finance, property development and general commercial Loans to businesses.
Name
International Fund Management Limited
Address
GY1 1GR, St. Peter Port, Guernsey
Legal Structure
Closed Ended Investment Company

Managers

Chris Hickling
Joined 06/20/2016

Mr Hickling was educated and qualified as a Chartered Accountant in New Zealand and came to Guernsey in 1998. Mr Hickling’s fund and risk management experience started when he joined Close Fund Services Limited in 2001 where he became Operations Director in 2005. During this period Mr Hickling reviewed their fund clients documenting structure and process in order to implement new operational procedures leading to a more focused risk based approach for the business. Reviews included the specific areas of pricing, NAV production, pricing risks and dealing with the fund advisors on a frequent basis. These funds included asset types such as, but not limited to, property, debt, repos, fund of funds, sovereign debt and private equity. During this time Mr Hickling also implemented a risk management program for Close’s largest fund client. In August 2007 Mr Hickling joined Investec Administration Services Limited which was subsequently sold to Praxis as part of Investec’s sale of the business in 2009, all clients moved with the acquisition. Mr Hickling’s role moved from operations to managing director of IFM in 2011 in order to focus primarily on current management roles and developing future opportunities in the areas of fund management, risk management and AIFMD/UCIT’s solutions. Mr Hickling continues to sit on a number of fund and general partner boards and oversees all management services undertaken by IFM including adherence to distribution rules and investor reporting.

Chris Gambrell
Joined 06/20/2016

He is the founder of the Praxis Funds Group. His previous eight years was as Operations and Finance Director at Close Fund Services. During his tenure at Praxis Funds Group and Close Fund Services, Mr Gambrell has worked with numerous listed funds with several investing into debt, including but not limited to Ashmore, CypressTree, Fair Oaks and the United Bank of Kuwait Prior to Close, he assisted in the establishment of the offshore Unigestion funds group, including their fund management and fund of hedge funds structures. Previously Mr Gambrell qualified as a Chartered Accountant with KPMG. Mr Gambrell has resided on numerous client fund and fund management boards and has significant experience in various asset classes types such as property, private equity, hedge funds and debt.

Janine Lewis
Joined 06/20/2016

Mrs Lewis joined the Praxis Group in 2009 as a result of the acquisition of Investec Administration Services Limited. She has over 30 years’ experience in the finance industry working with both private and corporate clients. Over the past 17 years she has worked in the funds industry developing particular expertise in property, structured products and private equity funds. Mrs Lewis is an Associate of the Institute of Chartered Secretaries and leads the Corporate Secretariat team in Praxis.

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