Federated Hermes invests in Penny Blue’s flagship European real‑estate debt fund
Pche. Penny Blue’s flagship European real‑estate debt fund has attracted a new large‑cap investor: Federated Hermes, a global asset‑management firm, has committed capital to the fund. The investment underscores the growing appetite for European property‑backed debt amid a still‑consolidating market.
> 💡 For investors: The move highlights that large institutional capital is still keen on diversified exposure to Europe’s property market, suggesting that tokenisation of real‑estate debt could become mainstream as more institutional capital flows in.
Source: Alternative Credit Investor