KingSett Senior Mortgage Fund
Managed by KingSett Capital
Data as of: June 30, 2026
This review is compiled by WOWA for informational purposes only and is not investment advice, an offer, or a solicitation. Figures are drawn from the manager's published materials as of the dates shown and may change. Returns are historical and do not guarantee future results. Verify all details with the manager or a licensed advisor before investing.
AUM
$1.7B CAD
First mortgages
100%
About KingSett Senior Mortgage Fund
KingSett Senior Mortgage Fund provides first mortgage credit secured by commercial real estate assets and for-sale housing projects in Canada's major urban markets. The fund's portfolio spans presale residential developments and income-producing properties. It is structured as a limited partnership and is available only to institutional, family office and high-net-worth investors.
The fund reports approximately $1.7B CAD in assets.
The portfolio is predominantly composed of first mortgages.
At a glance
| Assets under management (AUM) | $1.7B CAD |
| First mortgages (as a % of the portfolio) | 100% |
| Structure | Partnership (open-ended LP) |
| Investor access | Institutional only |
KingSett Senior Mortgage Fund portfolio and performance
The portfolio is composed of is composed primarily of construction and commercial mortgages.
KingSett Senior Mortgage Fund facts
Fund structure
| Structure | Partnership (open-ended LP) |
| Manager | KingSett Capital |
| Latest data | June 30, 2026 |
Mortgage portfolio
| First mortgages | 100% |
| Leverage | Yes, the fund uses leverage. This means the fund borrows additional money and combines it with investor capital to fund more mortgages. Leverage can increase returns when the portfolio performs well, but it also adds interest costs and can magnify losses. |
Fees
| Management fee | None disclosed |
| Performance fee | None disclosed |
Additional fund details
Launched in 2018, the fund manages a $1.7 billion loan portfolio and has completed approximately $6.2 billion in loan commitments since inception. It provides first-mortgage financing for for-sale housing projects with strong pre-sales, as well as income-producing commercial properties. The fund may use modest fund-level leverage. The fund is available only to institutional and high-net-worth investors.
Who can invest in KingSett Senior Mortgage Fund?
Institutional access only
This fund is offered to Canadian institutional investment professionals only and is not available to individual investors.
Minimum investment terms are not publicly disclosed.
About KingSett Capital
Founded in 2002 by Jon Love and headquartered in Toronto, KingSett Capital is a private equity real estate investment firm focused on institutional and ultra-high-net-worth investors. The firm has raised $15.4 billion of equity across strategies spanning growth, income, urban, mortgage, and affordable housing, with $19.5 billion in total AUM. KingSett co-invests alongside its clients across offices in Toronto, Montreal, and Vancouver, with over 170 professionals. Its mortgage strategies are only accessible to institutional, family office and high-net-worth investors.
Compare other funds by KingSett Capital
KingSett Capital manages several mortgage investment entities (MIEs) with different loan and investment objectives. Compare its other funds below.
| Fund | Primary strategy | Approx. size | |
|---|---|---|---|
| KingSett High Yield Fund | construction and commercial mortgages | $1.8B CAD | Learn More |
Frequently asked questions
It invests in construction and commercial mortgages.
No. It is offered to institutional investors.
The fund is managed by KingSett Capital.
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