April 25, 2024
Investments

What’s New In Investments, Funds? – Kingswood




Editorial Staff



19 February 2024


What’s New In Investments, Funds? – Kingswood

The latest in investment offerings, financial products and other services relative to wealth advisors and their clients.


Kingswood Holdings

Kingswood
Holdings
, an international wealth and investment management
group, has brought out a new £8 million ($10 million) unsecured
debt facility with funds managed by Pollen Street Capital, to
support the company’s capital requirements and growth agenda.


Kingswood is entering into the facility agreement with HSQ
Investment, a wholly owned indirect subsidiary of funds managed
and/or advised by Pollen Street, the firm said in a statement.
Lindsey McMurray and Duncan Gerard are non-executive directors of
the company and employees of Pollen Street. The terms of the
facility agreement include an expiry date of 17 October 2030, and
an interest rate of 12 per cent rolled up and paid at maturity.


“Since their first investment in Kingswood in 2019, Pollen Street
have been a great partner to the company and this additional
investment demonstrates a further positive commitment towards our
ambition to build a leading business in the sector,” David
Lawrence, Kingswood Group CEO, said.



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