M&A Investors Luxembourg launches first Luxembourg investment SICAV
M&A Investors Luxembourg has launched its first Luxembourg-domiciled investment company, M&A Capital Fund SICAV-SIF SA (M&A Capital).
M&A Capital has scheduled the closing of its first sub fund, M&A Dynamic Return Europe Fund for May 2014.
M&A Capital’s launch marks the expansion of M&A Investors Luxembourg’s 14 years of PERE investments throughout Europe.
The investments of M&A Dynamic Return Fund will be managed by a dedicated team of experts comprised of the management of M&A Investors Luxembourg, which will co-invest equity in the fund, and external real estate professionals based in Zurich, London, Luxembourg and Prague.
M&A Capital is aiming to raise EUR100m that will be invested to provide capital solutions to residential, commercial and mixed-use real estate developers with strong ongoing projects but requiring capital for completion. The fund will invest in the forms of equity, preferred-equity and mezzanine loans in projects based in Switzerland and wealthy north European markets.
"We aim to capitalise on the growing demand for capital in the real estate credit markets by providing capital to best in class developers, participating in the project management, and providing our financial engineering and deal structuring expertise for each investment development,” says Marc E Cottino, chairman of the fund.