Bedell Cristin advises Prestige Funds on new Shariah-compliant real assets and project financing fund
20 April 2021
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.