Prestige Funds launches Caymans domiciled Islamic impact fund

Mark Battersby
clock • 2 min read

Private debt investment specialist Prestige Funds has launched the Premium Alziraea Fund, a Shariah-compliant real assets and project financing fund targeted at the renewables and agriculture sector in the UK. The Cayman Islands-domiciled fund will invest in a diversified portfolio of secured asset and project-based finance projects many of which may be or are backed by the UK Government. Investment will cover a broad portfolio of projects and small businesses with a focus on UK agricultural, horticultural and rural small businesses which have historically operated with lower defaults...