Buchanan wins three new investment funds

15th June 2017

Buchanan wins three new investment funds

Buchanan today announces that it has recently been appointed to advise three additional closed ended investment funds listed on London’s main market.

The first of these funds is Bluefield Solar Income Fund (BSIF.L), which focuses purely on investment into UK-based solar PV assets and was the first solar focused fund to list on the LSE in July 2013.  Its portfolio currently comprises of 36 projects across England and Wales and the fund currently has a market capitalisation of approximately £425m.

The second fund is Strategic Equity Capital (SEC.L), which seeks to create value through constructive corporate engagement with publicly quoted companies. SEC seeks absolute returns principally through capital growth. It currently has a market capitalisation of approximately £154m.

The third fund is SQN Secured Income Fund (SSIF.L), which has recently rebranded from its previous name, SME Loan Fund and is now managed by the SQN team, best known for their SQN Asset Finance Income Fund. This fund invests in a range of diversified SME loan assets principally through Alternative Finance platforms. The fund currently has a market capitalisation of approximately £52m.

Buchanan’s sector specialist team includes partners Charles Ryland, Henry Harrison-Topham and Richard Darby, associate director Victoria Hayns and account executive Henry Wilson, who together have considerable experience.

James Armstrong, Managing Partner of Bluefield Partners, which acts as the Investment Adviser to Bluefield Solar Income Fund, said: “We are delighted to have selected Buchanan to advise us.  A combination of their strong reputation in the funds sector and their long established track record in financial communications means that we are confident in their ability to execute a holistic communications programme to our key stakeholders.”

Charles Ryland, Partner at Buchanan, added: “Our investment funds team is recognised for the strategic counsel we provide for our growing investment fund client base, which now numbers twelve.  We look forward to working closely with our latest additions, all three of which are unique and interesting funds.”

 

For more information please contact Charles Ryland, Partner:

020 7466 5000