Palmer Capital Partners (PCP) owns one third of Frontier Estates.
PCP has set up two pooled investment vehicles which provide Frontier with further substantial immediate finance for acquisitions.
The first, called the Fifth Special Opportunities Fund (FSOF) provides circa £30 million specifically earmarked for smaller schemes with completed values of up to around £5 million. Subsequent SOF's are planned when this first one is fully invested.
The second fund, known as the Palmer Capital Development Fund (PCDF) provides a further circa £200 million of discretionary funding. |