Queensgate Investments LLP has launched a new fund to invest in long income assets, hotels and special situation trades in the United Kingdom and continental Europe. The fund, Queensgate Investments Fund I, has closed with approximately £100 million (€123 million) of direct discretionary equity and will advise on approximately £400 million (€492 million) of co-investment equity. Investors are primarily high-net-worth investors.

“There is as much as €500 billion of property debt in Europe expiring over the next three years and regulatory changes such as Basel III are creating unique buying opportunities for investors with ready equity who are able to act rapidly,” says Jason Kow, CEO of Queensgate.

Queensgate is a joint venture between LJ Investment Group and Kow, who is the former head of special