Henley Investments is a real estate investment manager founded in 2006 that has grown assets under management to $1.25 billion by backing entrepreneurs. It focuses on residential, healthcare, commercial, and other real estate sectors in the UK, Europe, and US. Henley establishes joint ventures with partners it views as having expertise in a sector and shared values, providing capital, resources, and connections to help partners grow their businesses more quickly within Henley's platform.

1. henleyinvestments.com
Entrepreneurs Who
Back Entrepreneurs
JV Partnerships Overview 2015 | Version 1.0

2. JV Partnerships Overview 2015 | Version 1.0
Who We Are and What We Do
Founded in 2006, Henley is a full service Private Equity Real Estate Investment
Manager. We have built a platform of successful real estate businesses by backing
like-minded entrepreneurs. We have helped smart people grow successful
businesses. Henley works with start-ups through to mature enterprises. We care less
them grow their business alongside the Henley brand.
02-03

3. 04-05
JV Partnerships Overview 2015 | Version 1.0
2008 2014 2015 2016 201720132012201120102009
AUM $bn
1.75
1.50
1.25
1.00
0.75
0.50
0.25
0
Performance
Assets have grown to c. $1.25bn AUM in late 2015
and operations
deals exited to-date
Average equity multiple of 1.88x on all exits to-date
interests with investors
Past performance must not be viewed as an indication of future performance.
The price of investments may change quickly and can go down as well as up
AUM $bn
1.25bn
AVERAGE IRR
(AS AT DEC 2015)
$1.25bn

4. JV Partnerships Overview 2015 | Version 1.0
06-07
Our Platforms... So Far
Henley Platform Strategies Target IRRInvestment Period Activities
5 years
5 years
Focus on Germany and Holland on distressed price assets or
multiple value-add angles
2-3 years
We identify schemes, conversions, new build with and without
planning in London and the South East and develop outResidential
2-7 years Providing loans to quality third-party developers and investors
Structured
Finance
4 years
Buying high density and individual units backed with a lease from
local government on a long-term triple net basis
Healthcare
Commercial
General opportunistic and value-add approach across the
commercial sector
High end prime / super prime
refurbishment
Providing senior and mezzanine debt
solutions
European Opportunistic
Providing supported and assisted
housing to local Government
Long-term long-term holds. We have a dedicated team for this serviceAdvisors
Henley’s full asset management
experience and service applied towards
5 years Developer and investor in USA and UK based chainsHotels Owning and operating hotels and
serviced apartments
6-10 years
Land
Infrastructure
Operating a land infrastructure business
delivering large scale master plan for
mixed used scheme
5 years companies with clear growth strategies
Other Private
Equity
Operating companies with a real
estate bias
UK Opportunistic

5. 08-09
JV Partnerships Overview 2015 | Version 1.0
Share of Fees and Carry
Geography
Covered
UK
Europe
USA
Entrepreneurs
Capital sourcing from a global pool
of investors and limited
‘hurt money’
Regulated oversight
plug into
Instant brand recognition
Scope to grow a bigger business
faster through capital, resource,
connections
Other services e.g. marketing,
technology, HR
A platform to grow from
Key Criteria
Clear business expertise/area
Share our values
Long-term commitment
Why Henley
‘Bake a bigger cake’, faster, with
more certainty and the security
of being part of a larger like
minded group
We sit on the same side of the table
as you... we have great alignment
JV GP Structure
Henley JV Partnerships Third Party Investors
FeesJV Fee Co
JV Promote Co
Henley
JV Partner
Fee Co
Henley
JV Partner
PromoteLLP
Deal 1
Deal 2
Deal 3
Deal 4
Carry

6. 10-11
JV Partnerships Overview 2015 | Version 1.0
Henley Space
Henley360
Venture formed in 2014
Grown to €100m as at autumn 2015 in Germany and Holland
Scope to grow to a €500m AUM business with substantial fee and
Henley Healthcare
Venture formed in 2012
Two years of business plan adaption and investigation
Now a growing opportunity with £120m of AUM as at autumn 2015
Henley Camland
Focused on placemaking master plan schemes
Venture formed in summer 2015
First deal under control, expected to close by end of 2015 with a
GDV of c. £500m
Henley helped us to
turn a very niche and
specialist idea into
a highly scaleable
and institutional real
estate investment.
Omar Al-Hasso
Henley Healthcare

7. t:
e: info@henleyinvestments.com
One Christchurch Way. Woking. GU21 6JG. United Kingdom
henleyinvestments.com
Henley Investment Management Limited is an Appointed Representative of Gallium Fund Solutions Limited
which is authorised and regulated by the Financial Conduct Authority