Whitehall Capital Fund achieves best quarterly performance
Whitehall Capital Fund, the specialist commercial and residential property bridge financing fund, has achieved its best quarterly performance since March 2017.
It posted a positive return of 2.78% for the July to September period.
So far this year, the fund has delivered a strong positive return of 8.02% despite the looming Brexit uncertainty and the general slowdown seen in the UK housing market.
Anthony Bodenstein, managing partner at Whitehall Capital, said: “A second consecutive record quarter for the Fund is a testament to the ability of the very talented team at Whitehall Capital to consistently deliver positive returns, especially when set against the backdrop of Brexit and a general housing market slowdown.
“The Fund has now returned 21.44% since its inception in 2017, significantly outperforming the hedge fund sector and stock markets in general.
“Importantly, as all our loans are property backed and capped at 60% of the property’s value, this strong performance has been delivered without taking on board undue risk.
“Strict risk management is central to Whitehall’s investment process. As a result, the Fund benefits from an attractive risk /return profile.
“Being a sub-fund of a wealth manager Amram Capital we continue to have access to readily available capital, thereby reducing the turnaround time for granting loans, and giving us a competitive advantage over other lenders.
“I’m confident that this shall contribute to the continued success of the fund and I hope to report another record quarter in the new year.”