Alternative investment manager LCM Partners has acquired a UK portfolio of mainly unsecured assets totalling GBP1.75 billion. It is a secondary portfolio of loans originated by prime lenders and is purchased with a fifteen year track record.

"This is a seasoned portfolio that generates strong and consistent cash flows. Our sister company, Link Financial Outsourcing, has been servicer since origination and so we know the payment profiles very well. Our relationship with Link as in-house servicer is a key advantage for LCM Partners; in terms of investment origination, access to static pool data for underwriting and the enhanced due diligence we can conduct on the portfolios,” says Adrian Cloake, Chief Investment Officer, LCM Partners.
 
 "This is another important win for LCM Partners and comes hot on the heels of last week's EUR3 billion asset purchase. As Investment Manager to LCM Credit Opportunities III it is essential we maintain our rate of deployment into transactions and we have been successful in achieving this during the first half of 2017. However, more important than simply deploying capital, is deploying capital into the right transactions. This portfolio, with its fifteen year track record, delivers assurance of quality to our Limited Partners,” says Paul Burdell (pictured), Chief Executive Officer, LCM Partners.