11 May 2021
KKV Secured Loan Fund Limited
Portfolio Manager Update
The Board of KKV Secured Loan Fund Limited (the "Company") has been informed by its portfolio manager, KKV Investment Management Ltd (the "Portfolio Manager"), that Dawn Kendall, Chief Investment Officer, is taking a temporary leave of absence. It is expected that Dawn will be in a position to return to work in approximately two months.
The Portfolio Manager has made good progress with the realisation of the Company's portfolios since its appointment, enabling the Company to return £37.4m to Ordinary Shareholder and £25.0m to C Shareholder during 2021. In Dawn's absence, other members of the Portfolio Manager's executive team will continue to progress realisation opportunities under the oversight of Ken Hillen, Executive Chairman and Brett Miller, director of the Company with a number of further potential realisations and/or refinancing being worked on. The Board looks forward to Dawn's return to the Portfolio Manager in the near future.
For further information please contact:
KKV Secured Loan Fund Limited Brett Miller
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via the Company Secretary |
KKV Investment Management Ltd Catherine Halford Riera
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020 7429 2200
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BNP Paribas Securities Services S.C.A., Guernsey Branch Company Secretary
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01481 750853
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Winterflood Securities Limited Neil Langford Chris Mills |
020 3100 0000 |