Eldridge (formerly Cain International)

strong in PBSA backed by Israeli insurance group Menora Mivtachim Group. Cain's student pipeline to £800m, in terms of end value, across major UK cities. This totals 3,000 beds, with five assets having completed last year. Additionally, last year Cain arranged over £425m of financing for living projects across Europe In 2023, Cain formed a partnership with Menora Mivtachim to invest into a pipeline of student schemes put together by Fusion Group, and also brought in Olympian as a new development partner. In Nov24, Cain International (Cain) and Menora Mivtachim (Menora) have announced the expansion of their strategic partnership, which will see Menora commit follow-on capital to accelerate the growth of Cain's Purpose-Built Student Accommodation (PBSA) equity platform in the United Kingdom. In 2022, Cain International has established a joint venture joint venture with student accommodation developer Fusion Students to create a £1.5bn/10.000 bed portfolio of purpose-built UK student accommodation. Fusion as their partner in PBSA. | IDEA: Copy set up with BC Partners and their LPs as investor and BOB as local development partner