Following the full deployment of capital from CPF3, Core Partners Fund 4 (‘CPF4’) was established in early 2025 as Stamford’s largest fund in the closed-ended Core Partners Fund series, reflecting the continued growth of Stamford’s origination platform and the strength of developer relationships built across the Core Partners Fund series.

CPF4’s investment period has navigated a wave of new private, non-bank credit providers entering the market, increasing competition among lenders and compressing the risk-adjusted returns available from senior and mezzanine debt. This led CPF4 to invest primarily in equity and preferred equity opportunities, particularly residential joint ventures and income-led repositioning assets, following continued demand for well-located assets supported by strong fundamentals.

CPF4 has made 9 investments to date and will shortly close its investment period, allowing for the progressive realisation of its investments.