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ARTICLE · 11 AUGUST 2014

SQN Launches Asset Finance Fund In Guernsey

The Guernsey registered, closed-ended SQN Asset Finance Income Fund Limited was oversubscribed and has successfully raised £150 million to invest in equipment lease and asset finance arrangements in the UK and US.

GuernseyWealth Management

The Guernsey registered, closed-ended SQN Asset Finance Income Fund Limited was oversubscribed and has successfully raised £150 million to invest in equipment lease and asset finance arrangements in the UK and US.

Admission to trading on the main market of the London Stock Exchange took place on 14 July.

Peter Niven, Non-Executive Chairman of the fund, said: "We are delighted by the response from such a broad range of investors who have recognised the benefits of investing in this asset class. We have a diverse and exciting initial portfolio and pipeline of assets and we look forward to working with the investment manager as they build out the portfolio with a view to delivering strong returns for our new shareholders."

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