Culross Tech Lending Fund

CTLF is a unique product for non-US investors. CTLF co-invests in the US tech sector eith the worlds's most successful venture debt lender, Silicon Valley Bank.

CTLF holds a portfolio of 15-17 loans to mid and large VC backed tech companies. The loans are collateralised by IP and come with nil-cost 10 year warrants giving significant equity upside.

Culross Tech Lending Fund

Type AIF
Legal entity Culross Funds S.A.
Legal entity type SICAV-SIF
Launch date 4Q 2019 - 1Q 2020
Domicile Luxembourg
Fund type Close End
Target return 13-15%
Average loan term 24-28 months
Investment period 5 years
Fund term 8 years
Distributions Quarterly, cash