Slaughter and May advised Honeycomb Investment Trust plc, a new specialist lending fund established and managed by Pollen Street Capital Limited, in connection with its initial public offering and admission to trading on the London Stock Exchange's Specialist Fund Market.

Honeycomb was set up to acquire interests in loans made to consumers, small businesses and other counterparties in specialist lending market segments underserved by mainstream banks and has put in place arrangements with partners such as Freedom Finance, entu, Shawbrook and Pay4Later to secure access to a broad range of investment opportunities and diversified origination platform. Honeycomb will also make selected equity investments in companies aligned with its strategy, such as brokers and loan originators.

Contacts :

Corporate and Financing: David Johnson (partner), Guy O'Keefe (partner), Harry Bacon (associate), David Plant (associate), Edward Chapman (associate), Harry Vanner (trainee); Funds: Paul Dickson (partner), Matthew Farrington (associate); Financial Regulation: Kristina Locmele (associate); Tax: Dominic Robertson (partner), Homyar Pahlan (associate)