Silberstein Private Equity specializes in the purchase and redevelopment of distressed assets, across a variety of sectors within the property market.
The launch of this fund marks further growth in a quite remarkable year for Silberstein Capital Management, who have, in this year alone, grown to have more than double the staff that they had last year and have also more than doubled the amount of assets.
The investment objective is to achieve capital growth and/or rental income by investing in and developing property across residential, commercial and leisure assets.
Allen Silberstein said, "The purchasing strategy is to acquire buildings that have the opportunity to significantly improve in value.
"The Fund implements the same business model we have successfully applied for many years, which thrives in times of economic uncertainty and turmoil.
"Built from the ground up, we've always embodied an entrepreneurial spirit, exploring new and increasingly diverse opportunities."