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RM Secured Direct Lending eyes raising on the back of strong YTD performance

Published: 04:42 18 Oct 2019 EDT

RM Secured Direct Lending (LON:RMDL) tells Proactive London that strong year to date figures mean it's seeking to raise up to £10mln from City institutions to continue investing in its “strong pipeline”. Head of Sourcing and Origination Pietro NIcholls is keen to underline the company's 'steady play' strategy, promising to deliver more of the same over the coming months.
In the first half of the year RMDL paid out an impressive dividend of 3.625p as its portfolio grew 20% to £124.3mln and the average investment size increased 17% to £122mln.

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