The European Investment Fund (EIF) has committed to making a cornerstone investment in the Estateguru Senior Secured Credit Fund.
The new fund has a target size of up to EUR170 million and is aiming to invest in senior secured SME property-backed loans originated primarily in the Baltics, Finland and Germany.
The fund is a closed-ended (7+1 year) private debt fund available for qualified investors that seek exposure to this asset class. The fund’s first close is expected around the end of the second quarter of 2022.