Europa Capital has launched a U.K. debt vehicle.
The fund will be structured as a club with commitments of £100 million ($132 million), and it will follow the same investment strategy as the Europa Mezzanine Fund.
The Europa Mezzanine Fund provides both whole loans and mezzanine financing up to 85 percent loan to value secured against U.K. commercial real estate with a focus on the regional markets.
Following the success of the Europa Mezzanine Fund, which closed in December 2016, Europe Capital intends to bring to market various U.K. debt products in order to further grow its debt platform in response to strong investor demand.
Europa Capital has appointed David Hardcastle and Chris Swarbrick as origination consultants to broaden its network in the U.K. regional market.
