L1 Capital’s fund added to Macquarie platforms
L1 Capital has announced that its UK Residential Property Fund III has been added to the investment menus of Macquarie Wrap platforms, the Macquarie Investment Manager and Macquarie Investment Consolidator.
The investment menus would also include Netwealth Accelerator Plus, HUB24 and Powerwrap.
Fund’s chief investment officer, Kee Gan, said: “The addition will open a significant part of the private wealth market for us, and we look forward to partnering with many quality advice practices who use them.
“These platforms are some of the leading providers of administration services to wealth advisers in the country.”
At the same time, the fund was rewarded with a superior/high investment grade rating from SQM Research, which praised the fund for its diversification and the ability of the manager to acquire properties at a meaningful discount, the timely acquisition of income generating properties, and low management fees.
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