BlackRock's investment in the Funding Circle SME Income Fund has increased to 15%; meanwhile Aberdeen's ownership has also increased to a substantial share; investments from the institutional managers show the success of the Fund and the confidence in its management; Sachin Patel is the Fund's lead portfolio manager and the Funding Circle SME Income Fund has grown to assets under management of approximately GBP300 million ($383.5 million) following a recent C-Share issuance. Source
The Funding Circle SME Income investment trust was launched in 2015 to invest in Funding Circle loans originated in the...
Funding Circle is recommending shareholders to approve the wind-down of the Funding Circle SME Income Fund; the fund will continue...