Pegasus Capital Partners and Kingstone Capital Partners have joined to create Kingstone Debt Advisory (KDA), a joint venture company that provides a platform for institutional debt investment strategies.
The new company’s offerings are primarily aiming at savings banks (Sparkassen), cooperative banks (Volksbanken and Raiffeisenbanken), insurance companies and pension funds in the German market.
KDA’s strategy will have ESG criteria firmly anchored in every KDA investment product.
“In contrast to providers who are generic financial managers without real roots in real estate — or as we like to call it, ‘real estate DNA’ — we combine financing and investment expertise with a proven track record in real estate development,” said Matthias Hubert, managing partner of Pegasus Capital Partners.
The launch of the first KDA fund is planned for June 2021.
