Key Details:
- Client: UK national/resident
- Share value: Circa £13.6m
- Loan Amount: Circa £4.5m
- LTV: 33%
In this case, Enness was approached by a senior executive at a private equity firm who had earned carry from an investment fund. The client was looking to use the funds to purchase property in the UK and sought liquidity without selling equity or relying on an existing banking relationship. The objective was to release value from a circa £13.5m shareholding while securing competitive lending terms.
The critical challenge was finding a lender willing to provide financing without an existing relationship. Banks are typically conservative with carry unless the client is well-known to them, and the client’s current banker was the only prior option, but could not offer competitive terms. This required identifying a specialist lender prepared to evaluate the client’s investments independently.
Enness quickly identified a suitable lender and secured a circa £4.5m loan at a 33% LTV for a five-year term. The facility was structured efficiently to meet the client’s requirements, leveraging Enness’ relationships and market expertise to achieve a bespoke solution.
If you hold significant private equity or investment fund carry and require structured liquidity without selling down your position, speak to Enness. We specialise in tailored lending for high-net-worth and entrepreneurial clients.
Enness does not give advice on Securities Backed Lending or investments; and lender introductions are unregulated.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
