Khepri supports Broadwood Capital’s first close of £100 million credit fund backed by Aviva

Broadwood Capital has successfully secured the first close of £100 million sustainable later living credit fund, with the backing from Aviva investors – one of the UK’s largest institutional investors.

Khepri is proud to have played a key role in guiding Dan Smith, CEO of Broadwood Capital, and his team through the fund’s regulatory, operational, and administrative processes, led by Will Roxburgh, Mike Booth, and Vasco Vicini. Working alongside Broadwood Capital’s legal advisor, Taylor Wessing, Khepri has ensured that the fund operates to the highest regulatory standards, positioning the fund for growth and impact from the start.

The Broadwood Later Living Sustainable Construction Finance Fund is uniquely focused on financing new care homes and retirement residential properties that meet environmental and sustainability standards. They anticipate deploying half of the fund by end of 2024, with further capital raising planned for Q1 2025 to support its growth.