In the News

Chayton Capital in the News

  • Launch of Chayton Capital's Renewables Fund

    Chayton Capital has announced the "soft" launch of its Renewables Fund.

    The opportunistic Fund plans to invest in Renewable Energy projects in a variety of jurisdictions in both emerging and developed markets including the United States, Eastern Europe and South East Asia. The Fund will also evaluate distressed opportunities in Western Europe as part of the portfolio.

    The target size of the Fund is €300 million and it will have a life of 6 years. The investment period is an efficient 24 month due to the in-place deal pipeline established in co-operation with Chayton's joint venture partners.

    Bryan Train, Managing Partner, noted that "Renewable Energy and associated products represent a very dynamic opportunity for Chayton and its development partners and I am very excited by the prospect of rolling out a renewable energy strategy on behalf of Chayton and working with both David and Tim to continue Chayton's innovative investment approach in new and existing areas."

    David Allen, Founding Partner, added that "the Renewables Fund represents the second in a number of initiatives by Chayton Capital under its new ownership and management. The Fund already has seed capital invested for its first project and as a consequence has control over its development land with the possibility to start construction very shortly after the fund raising is complete."

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen - Founding Partner
    Bryan Train - Managing Partner
    office@chaytoncapital.com

    February 2017

  • Launch of Chayton Capital's SEE Real Estate Fund

    Chayton Capital has announced the "soft" launch of its South East Europe Real Estate Fund.

    The opportunistic Fund plans to invest in the growth economies of Romania, Slovenia, Croatia, Bulgaria and Serbia utilising its established relationships with experienced joint venture partners.

    The target size of the Fund is €75-100 million and it will have a life of 6 years. The investment period is an efficient 24 month due to the in-place deal pipeline established in co-operation with Chayton's joint venture partners. The pipeline will not only reduce the investment period, but will also significantly reduce the risk for investors normally associated with investing in "blind pool" funds.

    The Fund's investment strategy will offer investors liquidity and flexibility through its target investment sectors. These will predominantly be retail parks, city centre offices, residential developments for sale and rental, and recovery assets, which together will provide investors with the key risk mitigants of tenant quality and strong cash flow.

    Tim Norman, Managing Partner, notes that "the SEE economies, and in particular Romania's, have been the fastest growing in the EU for over 3 years now. The real estate markets have also performed well in that time. Our strategy is to focus on fragmented property sub-sectors, which we believe are under-priced and which shall require the hands-on management of our local joint venture partners".

    David Allen, Founding Partner, adds that "the SEE Real Estate Fund represents the first in a number of initiatives by Chayton Capital under its new ownership and management. It is an exciting time for the firm."

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen - Founding Partner
    Tim Norman - Managing Partner
    office@chaytoncapital.com

    October 2016

  • Sale of land assets in joint investment vehicle of Chayton Sava Property Fund L.P. and CV Starr

    The Chayton Sava Property Fund and its partner, CV Starr, have announced the sale of four property assets during 2016, starting in March 2016. The sales are part of the restructuring of the joint venture investment, which was announced in January 2016.

    The Chayton Sava Property Fund closed in the fourth quarter of 2008 and has focused on real estate projects in Hungary, Poland, Romania and Serbia.

    David Allen, Managing Partner, said "We are positive that, after the restructuring, we have been able to see the first steps in the new business plan being implemented with these sales".

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen
    office@chaytoncapital.com

    October 2016

  • Restructuring of Chayton Capital L.L.P

    The ownership and management of Chayton Capital has been restructured with Tim Norman and Bryan Train joining David Allen, one of the founders of Chayton Capital, as Managing Partners.

    Tim Norman joins from Europa Capital where he was, until the end of 2015, CEO of Europa Capital's Emerging Europe Fund, a €164 million real estate opportunity fund focused on Romania, Bulgaria, the Western Balkans, Ukraine and Turkey. Prior to Europa Capital, Tim was a Senior Banker at EBRD, where he worked for 14 years. Previous experience includes Bank of America, Bank of Boston and CFO of a private UK property group. He has an MBA from Cranfield School of Management and B.A. (hons) Finance.

    Bryan Train is responsible for Chayton Capital's renewable energy strategy. Prior to joining Chayton he founded Leyborne Capital, focusing on renewable energy projects in developed and emerging markets. Bryan began his career at DuPont's subsidiary in Spain in Finance and Accounting and subsequently moved to GMAC Rescap's Mortgage Lending Platform where he held various executive positions within their International Business Group. He was a co-founder and director of Asha Zuri Participacoes, which funded the development of 3,500 low income units in South Eastern Brazil. Bryan holds a BA (Hons) in International Business and German from the European Business School in London and an Msc in Logistics, Trade and Finance from Cass Business School in London.

    David Allen, Founding Partner, said "We look forward to building on the existing business and expanding on the platform that we have built over the last number of years. Both Bryan and Tim add a new dimension to Chayton whilst having complementary skills".

    Tim Norman, Managing Partner, added that "I'm delighted to be joining David and Bryan at Chayton. I've known David for many years and look forward to a productive and exciting time at Chayton".

    Bryan Train, Managing Partner, said "I am very excited by the prospect of rolling out a renewable energy strategy on behalf of Chayton and working with both David and Tim to continue Chayton's innovative investment approach in new and existing areas".

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen - Founding Partner
    Tim Norman - Managing Partner
    Bryan Train - Managing Partner
    office@chaytoncapital.com

    April 2016

  • Restructuring of the joint venture investment between Chayton Sava Property Fund L.P. and CV Starr

    The Chayton Sava Property Fund and its, partner CV Starr, have announced the restructuring of their joint venture investment in Hungary. This will provide new investment to enable the realisation of the investment business plan.

    The Chayton Sava Property Fund closed in the fourth quarter of 2008 and is focused on real estate projects in Hungary, Romania, Serbia and Poland.

    David Allen, Advisor, said "This new injection of capital has allowed a full restructuring and gives new life to this investment".

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen
    office@chaytoncapital.com

    January 2016

  • Retail Land Disposal from the Chayton Sava Property Fund L.P.

    Chayton Sava Property Fund has announced the sale of a land parcel originally acquired for retail development. The 40,000 sq.m land parcel is located in Tulcea, Romania.

    The Fund closed in 2008 with the strategy of acquiring off-market development sites and holdings in Hungary, Poland, Romania and Serbia.

    David Allen, Advisor, said "After a period of low liquidity, and limited land sales in Romania, we are pleased to be able to see the disposal of this land for retail development".

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen
    office@chaytoncapital.com

    March 2015

  • Final Asset Disposal from the Black Sea Enhanced Returns Fund Limited

    Chayton Capital has announced the sale of the final asset of the Black Sea Enhanced Returns Fund Limited. The asset comprises 76,000 sq.m of land located at Boryspil District, Kiev.

    In 2009, Chayton Capital assumed responsibility as the investment advisor to the Black Sea Enhanced Returns Fund Limited, which was established to invest in property and property development assets in the Black Sea region.

    David Allen, Advisor, said "We are very pleased to be able to dispose of this asset at a very difficult time in the market, both economically and politically."

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen
    office@chaytoncapital.com

    January 2015