The PE Capital P1 Fund (the Fund) is a wholesale managed investment scheme that will pool Investors’ money to indirectly invest in a portfolio of Australian property development projects. The Fund will seek to deliver an 18% per annum internal rate of return. This return objective is pre-tax, but before management fees or any other costs, charges or fees of the Fund.
The Projects will comprise property development projects in the following sectors:
- Petrol stations
- Aged care
- Liquor sales
- Convenience stores
- Fast food
- Retirement & Residential Care
The Fund’s indirect investment in a Project will take place by investing in a Development Trust which will undertake the Project. The PE Capital Group will both manage and co-invest in each Development Trust. These co-investments will take place through the PE Capital P2 Fund (P2 Fund) subscribing for ordinary units in the relevant Development Trusts.
The Fund will be issued with redeemable preference units (RPUs) in the Development Trusts, which will entitle the Fund to payments at a fixed coupon return rate of 18% per annum on the investment in each Development Trusts. The anticipated term of each RPU is two years.
The Fund is only available to Australian resident wholesale clients within the meaning of section 761G of the Corporations Act 2001. Wholesale clients can obtain a copy of the Offering Memorandum by downloading it from the right hand side of this page.
Investors should review the Fund’s Offering Memorandum in its entirety before deciding to make an application. If, after reading the Offering Memorandum, you are unclear in relation to any matter or if you have any questions about the Fund, you should contact your accounting, tax, financial or other professional advisor.