Tue, Apr 16, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Future Capital Partners hires Robert Jolliffe ahead of launch of ‘new breed’ of income fund

Tuesday, June 14, 2011
Opalesque Industry Update - Future Capital Partners (www.futurecapitalpartners.com) is shifting full gear for the launch of its “new breed” of income fund to be called Sanctuary Fund, with the hiring of Robert Jolliffe as senior investment adviser as its strengthens its asset management team.

Founded in 2000, Future Capital Partners is one of the UK’s leading alternative investment boutiques, specialising in Renewable Energy, Real Estate, Healthcare and Media & Entertainment.

In a statement, Future Capital’s CEO Tim Levy said Jolliffe will focus on the on-going development and delivery to market of the Sanctuary Fund, an innovative income-driven investment fund that is scheduled for launch later this year, subject to regulatory approval by the Guernsey Financial Services Authority.

The fund aims to generate an attractive annual return, targeted at 7% net of charges, by investing in socially responsible AAA or AA (Standard & Poor’s or other equivalent) government backed projects. It will focus specifically on sectors incentivised by governments to encourage rapid growth. Robert joins from The Princedale Partnership, an investment consultancy he founded in 2008, prior to which he spent fourteen years at ABN AMRO Bank NV in a variety of Structured Debt and Equity Capital Markets related roles. “Robert’s previous structured debt and asset finance experience will complement our existing team of investment and project finance professionals. There is a very natural fit between where FCP is going as an asset management organisation and the skills and expertise that Robert brings to the group,” said Levy.

The Sanctuary Fund will provide investors with a new alternative to more traditional income investments such as cash deposits, high yield equities, corporate bonds, structured income funds and real estate assets.

Future Capital Partners launched two funds – an EIS and a VCT – to capitalise on both the high growth potential of the renewable energy investment sector and the firm’s expert knowledge of clean energy investment in January this year (Source). We also heard last year that Tim Levy involved in expedition through Northwest Passage to raise awareness of global warming year (Source).
K. Manalo, B. Gravrand

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1