Our long-term committed funding and flexible investment mandate has enabled us to deploy capital creatively to deliver our goals.
TIER 2 CAPITAL
With our goals and risk appetite, we are natural investors supporting such fund raising.
In October 2015, we made our first investment in a UK challenger bank by investing £30 million in Shawbrook Group plc’s £75 million Tier 2 note issuance. Funds raised from the issue will support Shawbrook Bank’s continued growth with a core part of their strategy being lending to smaller businesses.
In June 2017, we agreed a £30m Tier 2 capital facility with Atom bank, which will enable it grow and lend more to UK corporates and smaller businesses.