Fund Overview:
IBI New Consumer Credit Fund 2024 was established in December 2023 by IBI Investment House and is a limited partnership registered in the Cayman Islands. The fund invests in consumer credit through MPL platforms in the US and is managed by Amir Golan and his team, who have been working in the field since 2014. IBI decided to establish the new fund following the realization that investment management through a closed-end fund is more effective. Therefore, a decision was made to allow investors who wish to continue investing in the existing fund, to transfer their money from the previous fund to the current fund in accordance with the maturity of the loans in the previous fund.
The fund operates according to the “series model”, meaning that the fund will make investments for a pre-defined period and at the end of it will distribute the cashflow (including profits) to its investors. The cashflow will be determined according to the repayment of the loans at the end of the period.

Strategy:
The fund provides consumer credit in the US through Marketplace companies (platforms) in the US. The investment policy is to invest all its funds and benefit from the interest received from the loans. Plus, hold the loans until the date of their repayment and/or sale and reinvest the proceeds until the end of the investment period.

View More Alternative Investment Funds by IBI Investment House:
Consumer Credit Fund (CCF), Volcano Investments,
Secured Bridge Loans, Loan to ComRit Investments, ComRit Investments,
Quality Credit Fund, IBI Pillar Single 2, IBI Pillar Gottingen 1, IBI Pillar Neubrandenburg,
Lion Fund, Evo Hotels Fund, DataCom