The Fund has been established in collaboration with Madigan Capital to provide debt investment opportunities across a range of discrete first mortgage opportunities. The Fund seeks to optimise the returns on loans with attractive risk profiles through leveraging the significant debt and equity expertise of both the Madigan Capital and Forza Capital teams.
Launched in mid 2022, the Forza Debt Investments Fund has been established to provide our investors access to the institutional grade debt investments offered by Madigan Capital.
The Fund will offer exposure to discrete senior first mortgage Loan Investments targeting an asymmetry between the relative risk of an investment in a loan and the return it will generate. Targeting an investor return range of between a 5-9% IRR (net of fees but pre tax) across a range of loan opportunities it is the intent of the Fund to offer exposure to senior first mortgage Loan Investments that have the characteristics listed below.
Senior first mortgage loan Investment characteristics:
- First ranking security over real property and/or all assets of the borrower;
- Loan to Value ratios typically in the range of 50% – 70%;
- Tenure of a Loan Investments typically in the range of 12 – 24 months.
- The Loan is to a strong Sponsor who has a track record of successful investment outcomes;
On this Fund, Forza Capital is collaborating with Madigan Capital, a specialist non-bank real estate lender that currently manages over $1 billion of CRE debt exclusively for institutional investors.
Established in 2016 by Michael Wood, it is 50% owned by Madigan CEO Michael Wood and other members of the Madigan executive team with the other 50% owned by CC Real, a major European real estate investor with over €2.7 billion in assets. The Chairman of Madigan is Barry Brakey, Managing Partner of CC Real and the former Head of Property for the Future Fund.
By collaborating on this Fund, both Forza Capital and Madigan Capital can leverage their respective skills and networks to carefully curate and manage a range of debt investment opportunities. The collective capabilities of the team deliver exceptional risk management and opportunity identification.
