Investment Approach

Capital preservation across cycles

The European Secured Bridge Financing Strategy aims to deliver an all-weather investment.

The portfolio is highly diversified and uncorrelated to broad market indices, targeting steady & consistent long-term performance.

First-ranking mortgages on real estate — residential, commercial, or semi-commercial, providing strong legal claim on quality assets and supporting capital preservation.
Conservative loan-to-value (LTV) — typically between 50% and 60%, offering a significant cushion against market volatility or borrower default.

Diversification across lender-friendly European jurisdictions — focusing on countries with strong legal protections and effective enforcement frameworks (UK, Ireland, Netherlands, etc), ensuring security and recoverability.
Varied loan types — including standard, bridge, refurbishment, and development loans, to manage exposures across use cases and durations.
Mitigating concentration risk — careful portfolio construction reduces concentration risks, enhancing stability.
Supporting consistent capital preservation — strategic diversification reinforces robust long-term performance.

Security is often a producing asset — many properties generate income that services the loan interest, giving borrowers a strong incentive to protect the collateral.
Value creation in development loans — as projects progress, underlying asset values increase, enhancing security coverage and downside protection.
Full recourse lending — in addition to real asset backing, loans retain full recourse to corporate and personal guarantors, enhancing recovery options.
Aligned borrower-lender incentives — exit strategies are as important to borrowers as they are to the Fund, reinforcing a shared interest in success and repayment.
Capital recovery focus — while no model can eliminate default risk, the Fund is built on tangible security, disciplined lending, and the goal of full capital recovery.