Clavis Walden launches British business

Clavis Walden will launch its UK business with the industry’s first Property Authorised Investment Fund (PAIF), it announced today.

The fund, which is subject to Financial Services Authority and HM Revenue & Customs approval, will initially target income yielding investment strategies from the commercial property market.

The PAIF, which will be based in London, will target institutional and discretionary investors including multi-managers, wealth managers, private client managers, pension funds and charities.

Clavis Walden is an independent fund management firm that specialises in commercial real estate.

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