Fund Overview:
The fund is a limited partnership that was established in Israel in January 2017 and became a partnership in the Cayman Islands in January 2019. The fund was founded by Tandem Capital Investment House and is managed by Erez Brit and Ronen Halpren. As of February 2020, in its 4 years of operations, the fund has granted 340 loans in the cumulative sum of 260M USD.

Strategy:
The fund focuses in granting bridging loans in short term (up to one year) to real estate developers in the US, with an emphasis on the New York metropolitan area, in exchange for first-degree mortgaging of the property and personal guarantee of the developer. Most loans are for residential properties and for mixed residential and commercial use.