Bedell Cristin advised Prestige Funds in relation to the launch of the Premium Alziraea Fund, a Shariah-compliant real assets and project financing fund targeted at the renewables and agriculture sector in the UK.
The fund is targeting $50-75m in year one from Islamic institutional investors.
The Bedell Cristin team was led by Partners, Richard Le Liard and Stephen Nelson.
Craig Reeves, founder of the Prestige group, said:
"Premium Alziraea is our first Islamic - Impact financing product and is targeting an exceptionally important part of the UK economy at a critical time in its ongoing development."
More information is available in Prestige's press release.
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Location: Cayman Islands
Related Service: Funds & Investment Structures
