Reuters – Cheyne Capital has joined forces with investors to launch a fund that will invest in British property for disadvantaged groups, the $6 billion London-based hedge fund firm said on Thursday.
The Cheyne Social Property Impact Fund, seeded by investors including Big Society Capital, has a capacity to take in 300 million pounds ($473.04 million) and will seek to eke out stable and inflation-linked gains by leasing out the properties.
