Stamford Capital Investments (SCIM), has experienced strong investor demand with a capital raising for its SCIM Core Partners Fund 2 (CPF2), closing over-subscribed at $46.8 million.
Based on the innovative structure of Stamford’s inaugural Core Partners Fund 1 (CPF1), the new flagship Fund is a unique offering in the market. It primarily targets equity and subordinate investments focusing on the mid-development sector within the Eastern Seaboard for projects up to $80 million; a niche and strong performing sub-sector of the market. Mainstream asset classes are being targeted, primarily residential, retail, convenience retail, standalone fast food, office and industrial.
“We’ll do projects of reasonable scale in good locations, where we can limit the downside risk. We won’t be doing 200 units in Docklands,” Said Michael Hynes, Joint Managing Director.
“The construct of CPF2 is what differentiates it in the market. It unlocks the ability for us […]