LCM eyes €1.5bn for whole loan strategy – exclusive

The firm’s strategy is to partner with banks and financial institutions on whole loan investments and is targeting a return between 7% and 9% without leverage.

Credit investment specialist LCM Partners is targeting €1.5 billion for its debut strategic origination whole loan strategy.

Three undisclosed cornerstone investors have indicated that they will commit a minimum of €700 million to the strategy. LCM is expecting to market a commingled fund to other LPs at the beginning of next year, according to a source familiar with the situation.

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