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 f...