Specialisms

Loan Book
Liquidity Fund

Over the past decade we have seen the emergence of many new specialist lenders, whilst banks have focused on the provision of more traditional credit. Each of these specialist lenders have their own unique funding sources such as open and closed ended funds, listed equity vehicles, peer to peer funding, bond issuance programmes, warehouse funding and syndications. The current climate will present these funding models with their biggest ever test.

We have started to see some of these funding models come under intense pressure creating opportunities for Maslow to work in partnership with lenders to find pragmatic liquidity solutions, whilst avoiding the risks of exposing fundamentally sound assets to a cautious market. To this end, Maslow are pleased to announce the launch of its debut Loan Book Liquidity Fund which will assist in broadening its balance sheet capabilities. The Fund is backed by long-dated institutional capital and will focus on opportunities from £50m+ (or with the potential of achieving £50m in aggregate through a series of loans).

The Fund’s objective is to work with existing development finance providers and borrowers to undertake the following core activities:

  • Acquire existing portfolios of loans
  • Provide cost to complete facilities
  • Refinance existing loans

 

“Whilst we will continue to originate and finance the delivery of ground up developments, the launch of the Maslow Liquidity Fund will help broaden the range of transactions we can support. The pandemic has caused companies to relook at their business models and our view is that in our development funding niche, existing lenders and borrowers will be seeking alternative ways of de-risking and generating liquidity, whilst protecting asset values by ensuring developments reach practical completion. The core objectives of our debut Liquidity Fund is to do precisely that.”
Ellis Sher Co-Founder and CEO