FCP Sanctuary fund targets 7% payout from infrastructure

Alternative investment boutique Future Capital Partners is to launch a Guernsey-listed income fund aiming to pay 7% from a portfolio of government-backed infrastructure projects.

The Sanctuary fund launch  is subject to regulatory approval and will invest in social infrastructure and renewable energy projects that generate government backed revenue streams from feed in tariffs and private/public partnership financing.

The fund is targeting an annual return of 7% net of charges, via socially responsible AAA- or AA-rated government-backed projects, and will focus specifically on sectors incentivised by governments to encourage rapid growth.

Robert Jolliffe, who joined FCP from an investment consultancy The Princedale Partnership, which he founded in 2008, will focus initially on the launch of the Sanctuary fund.

FCP is developing Sanctuary to provide investors with a steady and consistent income stream from a portfolio of assets with little or no correlation to other traditional income-generating products such as cash deposits and high-yield equities.

The focus on assets with government-backed revenue streams is intended to provide investors with an extremely high level of capital protection relative to the fund’s projected rate of return.  

FCP’s founder Tim Levy said: “Robert’s extensive experience fits extremely well with Sanctuary’s area of focus and with the various classes of assets in which it intends to invest.”