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Aberdeen

News RoundupOnline Lending
·Apr. 20, 2017

BlackRock and Aberdeen Ownership in the Funding Circle SME Income Fund Increases

BlackRock's investment in the Funding Circle SME Income Fund has increased to 15%; meanwhile Aberdeen's ownership has also increased to a substantial share; investments from the institutional managers show the success of the Fund and the confidence in its management; Sachin Patel is the Fund's lead portfolio manager and the Funding Circle SME Income Fund has grown to assets under management of approximately GBP300 million ($383.5 million) following a recent C-Share issuance. Source

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