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Fundraising - APRIL 20, 2016

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Omni Partners holds first close of third real estate debt fund

by Zoë Wolff

Right on the heels of the $240 million final close of Omni Secured Lending Fund II in February, Omni Partners has launched its third U.K. real estate debt fund, according to a statement.

Omni Secured Lending Fund III is targeting $400 million in equity commitments and has raised $60 million thus far. The fund is expected to hold a second close in July.

“OSL has a track record of consistently delivering strong risk-adjusted returns and we look forward to the second close on 1st July. The strength of our pipeline is testament to investors’ continued interest in the strategy,” says Elissa Kluever, managing director.

The fund focuses on short-term loans in the U.K. commercial and residential real estate markets.

Omni Secured Lending Fund I launched in 2014 and funded 92 loans.

 

 

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