Tailored funds

Where a pre-defined group of investors wishes to undertake specific transactions using their pension and/or non-pension money, Consortium can provide a structure using Exempt Property Unit Trusts (EPUTs), LLPs, companies or LPs.

Exempt Property Unit Trusts (EPUTs) are often used where investors:

  • want to use their pension funds, which might not be held with the same provider, to undertake a specific property transaction or development (say, buying a tenanted office building or redeveloping commercial space)
  • need more flexibility than direct holding in a SIPP / SSAS / QROPS / QNUPS can offer
  • want to limit their exposure to the amount they invest in the EPUT, protecting the other assets in the investing pension scheme

LLPs and LPs are used where investors:

  • want a tax transparent investment vehicle to undertake a specific investment
  • want to remain onshore, perhaps for reputational reasons or to promote transparency
  • want to limit their liability

A tailored fund of this sort is essentially a wrapper for an existing deal and will not usually involve a fund-raising exercise or information memorandum. We can act as the operator and manager of the LLP / LP and provide further services if required including supplying the dedicated general partner and property holding companies.