Business partner for a property fund. Why so hard?
Looking for a business partner for my soon to be formed property fund is proving close to impossible. The fund is looking to specialize in private island development and seeking to raise £100million in capital. I will intend to cap the investment at £100million to increase investor relations and make this a very niche fund. I have made some clear targets and the backbone of the fund will be the security and stability in only using a 1:1 equity loan ratio. I am finding it impossible to find a suitable partner. They need no equity or to bring anything to the table. I want to find a partner i get along with and can advise me and work together on the development of some islands. The partner will also be involved in financing stages with myself, and will receive a 20-20 share of the performance fee with myself. Basically 50-50 partners. I am based in the UK and will greatly hear from people interested in the scheme. Please email me at email@example.com with details of experience that you may find suitable. Regards