Clarendon House Capital has announced plans for a £100m fund raise to support a new £300m investment portfolio.
The fund, run by Sayu Sinha and Richard Morgan, has raised £50m to date in equity from high-net-worth individuals, family offices and institutions in India, Africa and Europe.
The fund will invest mainly in off-market opportunistic deals across London using mostly cash. It will also be able to invest in portfolios and some properties using a maximum of 60% leverage.
The fund will look to acquire residential and commercial properties valued at up to £10m.
Launched in 2012, Clarendon House has already invested £75m in property and delivered an average of 35% return on equity to investors.
