- Client: US-based UHNWI representing senior shareholder group
- Share Value: Circa £50 million
- Loan Amount: Circa £7.5 million
- Loan to Value: Approximately 15%
Enness was approached by an ultra-high-net-worth individual representing a consortium of senior shareholders who run a circa $5 billion private equity–backed company in the United States. The client sought to unlock liquidity against their shareholding while maintaining ownership and long-term strategic control of the business.
The critical challenge was identifying a lender willing to provide non-recourse funding secured purely against the client’s shares, without requiring additional collateral or portfolio diversification. The middle-market nature of the transaction and the requested loan size further limited the pool of potential lenders, as many institutions typically require larger facilities or broader asset security.
Acting quickly, Enness identified a specialist private credit lender capable of structuring the required facility. The solution delivered a day-one draw loan, structured at around 15% loan-to-value over a five-year term with an arrangement fee of approximately 3%. Leveraging our strong relationships within the private credit market allowed us to secure the funding efficiently while meeting the client’s liquidity requirements without compromising their equity position.
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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.
