‘Light green’ approval under EU’s Sustainable Finance Disclosure Requirements. Prime Alternative Finance (“PRALTF”) is a private debt fund with a long track record in clean renewable energy lending. Focus of the fund is on providing project finance to anaerobic digestion (green gas) facilities in the UK and transition to a circular economy. Prime Alternative Finance,
Prestige Funds lending partner wins Lender of the Year at National Credit Awards
Prestige Funds’ lending partner specialises in loans to the important UK SME sector Nucleus Commercial Finance, a specialist in providing finance solutions for small and medium-sized enterprises in the UK, has won the highly coveted Lender of the Year Award at the UK’s National Credit Awards. Nucleus Commercial Finance has lent over GBP 2.8 billion
Islamic finance professionals are feeling positive about the green sukuk market
Islamic finance professionals believe the green sukuk market is set for take-off as demand builds, but global expansion will require greater standardisation and regulation, new research shows. Sukuk are investment certificates which are compliant with Shariah principles. They provide investors with direct payment streams, but unlike bonds, confer direct asset ownership interest. The research was
UK Energy Security Strategy: Why Biogas has an Important Role to Play
The UK government’s new energy strategy announced recently, aims to provide cleaner and more affordable energy to millions of UK homes. It represents a step change in the way the government will treat energy resources in the future and is intended to ‘supercharge’ the deployment of clean energy within the country. It calls for an
Prestige Funds Islamic Impact Investment Fund Seeded by Middle East Investor
Prestige Funds Islamic Impact Investment Fund Seeded by Middle East Investor First Islamic – Impact fund from specialist private finance manager, now live Targets smaller companies and renewable energy projects in the UK Seeded by large investor in the Middle East Prestige Funds, one of the leading specialist private debt investment managers in the UK,
Prestige Funds lending partner, Nucleus Commercial Finance, passes GBP 2 Billion Lending Milestone
Prestige Funds’ lending partner specialises in loans to the important UK SME sector Nucleus Commercial Finance, the lending partner of private debt funds specialist Prestige, has surpassed GBP 2 billion in total lending to the UK SME sector. This comes only a year after the company surpassed GBP 1 billion in lending. Last year Nucleus
Prestige Funds’ Agri / Renewable Finance Arranger Secures GBP 90 Million Climate Investment Partnership with Investec
Privilege Finance has entered long term partnership with Investec Financing to support funding of anaerobic digestion (AD) projects in the UK GBP 30 million of finance already deployed in AD sector Prestige Funds’ dedicated, specialist Finance Arranger – Privilege Finance has entered into a long-term partnership with Investec Bank plc (“Investec”) which will release up
Prestige Funds – to offer New Private Finance Fund targeted at USA based opportunities
Prestige Group, a specialist private lending asset manager with a successful 12-year track record in the private debt market, is adding a new US strategy to its existing range of successful alternative credit funds. Targets smaller companies across a range of commercial / industrial sectors in the USA Backed by a highly experienced commercial finance
Prestige Funds Launches Dedicated Islamic – Impact Fund for UK Agri and Renewables Financing
Prestige Funds, one of the leading specialist private debt investment managers in the UK, has launched the ‘Premium Alziraea Fund’, a Shariah-compliant real assets and project financing fund targeted at the renewables and agriculture sector in the UK.
One Million UK Homes Now Using Green Energy from Biogas Plants Financed by Prestige Funds
One million homes in the UK (as at 12/2020) are now being powered by green energy, as a result of anaerobic digestion (AD) projects funded by dedicated, specialist Finance Arranger – Privilege Finance, the lending partner of Prestige Funds.
Prestige Specialist SME lender approved for new CBILs tranche
Nucleus Commercial Finance, one of the specialty lenders which manages several loan portfolios for Prestige Funds, has been accredited by UK government owned British Business Bank as a provider of GBP 200 / USD 270 million in loans under the Coronavirus Business Interruption Loan Scheme (CBILS).
A Different World, a Greener World?
In July 2020, UK Chancellor Rishi Sunak unveiled a GBP 3 billion stimulus package as part of his Summer Economic Update to Parliament. This was targeted specifically at the UK’s ‘green’ economy and was composed of a combination of grants, subsidies and loans. This included GBP 1 billion for a Public Energy Fund that is intended to decarbonise public sector buildings.
Private Debt and the ‘Greening’ of the British Energy Economy
As the UK enters its steepest recession since the 1970s, it is tempting to ignore some of the macro trends that were already gaining momentum before the Covid-19 virus arrived on British shores.
UK SME Sector: a lot tougher than it looks in the headlines
As we move into 2021 many of the unknowns of 2020 have become the knowns of 2021 – the US election has taken place and we have a new president about to be sworn into office. An initial Brexit treaty has been negotiated and the UK has left the European Union. The UK is also leading the way in the deployment of new vaccines which signal the possibility of the end of the pandemic this year.
Recent Market Volatility and COVID-19
The global pandemic (COVID-19) continues to dominate both our lives and financial markets during 2020. In this challenging environment, we are constantly monitoring the outbreak, policy actions and the economic effects on the wider economy, individual commercial sectors and our investments.