Shawbrook’s Speciality and Fund Finance team achieves £175m fund finance milestone
Shawbrook’s Speciality and Fund Finance Team has reached a significant milestone, completing five major transactions and delivering £175m in Fund Finance facilities in the first three quarters of 2025.
This achievement underscores the team’s commitment to providing sponsors and investment groups with flexible, tailored continuation fund and Net Asset Value (NAV) based solutions during a period of persistent macroeconomic uncertainty.
Transactions included a bespoke up to £75m NAV-based solution to assist an established European property fund with ongoing development projects in Western Europe. The tailored facility enabled the client to optimise capital deployment across the fund, deliver on existing projects, and explore new opportunities.
Another recent deal was a £65m revolving loan facility structured for listed closed-ended investment group, Castelnau Group to refinance existing debt, cover cost efficiencies and cater for further investments. This was a landmark Fund Finance deal – both in terms of the overall loan size and the day-one drawdown which equated to over 90% of the facility.
The team also provided funding for specialist investment manager, Gresham House, to support investment trust, Residential Secure Income plc (ReSI) with working capital to meet its business strategy. Introduced by BlueRock, Shawbrook structured an eight figure Fund Finance facility which incorporated revolving credit with an accordion feature and a short term-out on the loan for added flexibility.
Warren Mutch, head of Speciality and Fund Finance commented, “Reaching the £175m Fund Finance milestone is a testament to the dedication, agility, and expertise of our team. It also confirms our commitment to innovation as we structure bespoke facilities that empower clients to meet their strategic goals and drive the market forward.
Warren explained further, “Over the years, our team has delivered Speciality Finance facilities for non-bank specialist lenders and provided targeted Fund Finance for investment funds and sponsors. In the past 12 months, we’ve seen a marked rise in investor funding activity due to a broadening of our offering to support funds in a challenging market. This, combined with our team’s in-depth understanding of NAV loans and the wider industry, has enabled us to refine our offering and drive the recent uplift in Fund Finance.”