14/07/2025
Elevation Advisors LLP (“Elevation”) is delighted to announce that during Q2 2025 it has successfully completed the closing of Elevation Credit Partners III (“ECP III”), securing discretionary equity commitments from global pension capital which will enable ECP III to deploy £270m of debt financing in the U.K. senior housing real estate sector.
ECP III’s strategy is to provide high-quality operators and developers of U.K. senior housing real estate with a range of customised loan financing options including investment term loans, development loans, mezzanine loans and preferred equity. Loans will be sized between £10m and £100m, with LTV of up to 80% and development LTC of up to 85%, over a term of 2 to 5 years and will be used to support acquisitions, developments, lease-up, refinancing and recapitalisation.
The successful capital raise – Elevation’s third private credit vehicle – builds on Elevation’s intimate familiarity with the U.K. senior housing sector, Elevation’s single focus on the healthcare real estate market and Elevation’s proven track record managing private credit.
ECP III will focus on the delivery of positive outcomes in the senior housing market and combine both high-quality sustainability performance with the delivery of positive social outcomes within the sector. Through targeted deployment utilising Elevation’s robust due diligence process and frameworks, ECP III will seek to benefit service users, employees and local communities.
Zach Smith, Investment Director at Elevation said: “Following the successful deployment of two previous senior housing private credit funds, we are delighted to raise capital that will further increase the supply of much-needed senior housing and elderly care beds, and provide sustainable, tailored funding solutions to high-quality operators in the U.K.. We are committed to supporting this critical sector and the increased debt financing capability offered by ECP III will provide top-tier borrowers with greater flexibility and increased choice to accelerate their business growth and support their existing portfolios. With the chronic undersupply of elderly care beds and senior housing in the U.K. and increasing demand from long-term demographic trends, we are delighted to give investors access to this underserved market and provide vital capital to support positive social outcomes across the U.K..”
Disclaimer
This press release is issued by Elevation Advisors LLP, which is authorised and regulated by the Financial Conduct Authority. The information contained herein is provided for informational purposes only and does not constitute investment advice, an offer to buy or sell any financial instrument, or a solicitation of any kind. Past performance is not a reliable indicator of future results. Any forward-looking statements or projections are based on current assumptions and subject to risks and uncertainties that may cause actual outcomes to differ materially. This communication is intended solely for professional clients and eligible counterparties as defined by the FCA. It is not directed at retail clients and should not be relied upon by any person who does not meet the criteria for professional client classification. Investments may involve significant risk, including the potential loss of capital. Recipients should seek independent financial advice before making any investment decisions. While reasonable care has been taken to ensure the accuracy of the information provided, Elevation Advisors LLP makes no representation or warranty as to its completeness or reliability and accepts no liability for any loss arising from reliance on it.