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Prestige Passes $100m In Committments For SME Lending Fund

Prestige Funds today announced its Commercial Finance Opportunities Fund (CFO) had passed $100m in assets. Prestige Funds Founder Craig Reeves said: "Demand for private lending strategies is picking up around the world, and the growth in CFO’s assets is testament to this." CFO is diversified across multiple sectors and the fund draws on the experience of nearly 100 people who are a part of Nucleus Commercial Finance, which is part-owned by Prestige. "CFO is based on a direct lending approach that relies on a strong loan management and monitoring process, often including on site physical meetings. Businesses that pass our rigorous due diligence process...