LendInvest prepares to bring new open-ended fund to market

LendInvest, a property lending and investing platform in the United Kingdom, is bringing a new open-ended fund to market and has already secured more than £200 million ($240 million) of capital from investors.

The new fund will continue the investment strategy of LendInvest’s previous flagship fund, which focused on short-term transactional loans providing the financing for LendInvest bridging and development loans and supporting property professionals in the United Kingdom.

“Over the last couple of years, we have proactively solicited feedback from our existing investors and the wider market and looked to design a fund which is attractive and competitive in today’s market,” said Omega Poole, head of funds management at LendInvest. “To have more than £200 million of capital already committed is fantastic, and the successful launch of this new flagship fund demonstrates that our investment strategy continues to appeal to a wide range of investors seeking to