Private equity real estate firm Henley Investments has launched a new family office venture which will tap appetite for UK real estate from international high-net worth families.
Private equity real estate firm Henley Investments has launched a new family office venture which will tap appetite for UK real estate from international high-net worth families.
The new unit, Henley Family Office (HFO) has received four mandates worth some £250 mln (€300 mln) from two Middle Eastern, one South American and one South African family offices.
These investors are looking for investments offering long-term security and limited leverage, Hanley said. The business will target residential development, secondary shopping centres, healthcare in the UK and three-star hotels in London, with a typical deal size of £50 mln and above.
The division will sit under the leadership of Henley’s Capital Raising Officer Nick Paine, with day to day operations managed by ex Capital & Regional executive, Nigel Brown.
'We identified a clear appetite from our existing family office clients for specific, safe, long term real estate investments,' commented Ian Rickwood, Chief Executive Officer of Henley Investments. 'Henley’s experienced senior team will source these target assets for them and manage them on their behalf.'
Established in 2006 Henley Investments is a UK private equity real estate investor focusing on development, investment and asset management in the commercial, residential, healthcare and debt property market.
The company currently has £400 mln assets under management including a healthcare fund and a vehicle focused on debt.
