The short term secured lender says the money will be used to grow its lending business.
The fund had been established as a Jersey limited partnership under the Channel Island's increasingly popular ‘Private Placement Fund’ regime.
Richard Beenstock, CEO at Ortus, said: “We have come a long way since launching as a pub and hotel specialist just over two years ago.
“The closing of the fund gives us long-term committed money enabling us to increase our loan book by around £40m.
“We have a very strong pipeline at the moment and will be looking to raise further committed funding in 2016.”
Managing Director, Jon Salisbury, said the fund’s close would lead to a raft of exciting new products in the New Year which will definitely include a three-year offering.
Ortus has developed a reputation in the industry for its specialist pub finance deals.
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