ICG-Longbow Senior Secured UK Property Debt Investments

Name
ICG-Longbow Senior Secured UK Property Debt Investments
Manager
Longbow Capital LLP
Type
Closed Ended Investment Company
ISIN
GG00B8C23S81
Sector
Property - Debt
Launched
05/02/2013
OCF
1.97 %
3 Year Sharpe
1.00
Yield
6.1 %
Fund Size
£ 120.09 million
NAV
99
Gearing
88
Discount Premium
2
The objective of the Company is to construct a portfolio of UK real estate debt related investments predominantly comprising loans secured by first ranking fixed charges against Commercial Property investments, with the aim of providing shareholders with attractive, quarterly dividends, capital preservation and, over the longer term, a degree of capital appreciation.
Holding %
Commercial Regional Space 18.45 %
Meadows 16.69 %
Bmo 12.90 %
Affinity 11.68 %
Quattro 7.34 %
Northlands 7.07 %
Ramada 6.63 %
Hulbert 5.47 %
Halcyon 5.37 %
Cararra 1.08 %
Name
Longbow Capital LLP
Address
London, United Kingdom
Legal Structure
Closed Ended Investment Company

Managers

Trevor Homes
Joined 06/17/2013
Martin Wheeler
Joined 02/05/2013

Martin started his career in 1990 with Legal & General Investment Management where he worked in a number of different roles gaining experience across the main commercial property sectors throughout the UK, before joining the Property Finance department of HSBC. In 1998, with Kevin Cooper, Martin was a founder member of the Structured Property Finance business for Halifax. In 2002, Martin joined GMAC, with Kevin Cooper, and was appointed Executive Director to lead the market entry and growth of its UK Real Estate Finance business. Martin is a member of the Royal Institution of Chartered Surveyors and holds an Honours Degree in Property Valuation and Finance from City University.

Kevin Cooper
Joined 02/05/2013

Kevin has built his career in UK focused debt institutions commencing with Barclays Bank in 1987. In 1998, with Martin Wheeler, Kevin was a founder member of the Structured Property Finance business for Halifax. The Halifax business grew organically to a strongly performing on balance sheet book of £2 billion by 2002. In 2002, Kevin, with Martin Wheeler, joined GMAC, where he was appointed Managing Director, to lead the market entry and expansion of its UK real estate finance business. Kevin is a qualified Banker and holds a Masters in Business Administration from Cranfield School of Management.

Phillip Archer
Joined 02/05/2013

Phillip has spent most of his career with HSBC, where he was involved in credit related roles and led the Corporate Recovery Department between 1989 and 1997. His caseload included the high profile restructuring of the Broadgate development in the City of London. Phillip has also performed Credit Manager and/or restructuring roles for Halifax, Credit Lyonnais and Natixis. Phillip is a qualified banker and holds an Honours Degree in History from Bristol University.

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.