German shipping company Schulte Group has launched a new maritime fund manager, Hanseatic Capital Management (HCM).The fund manager has an investment focus on maritime real assets, specifically merchant vessels.HCM will concentrate on a commercially balanced employment strategy, which will include both shorter and period charters, depending on the vessel segments.The first fund to be launched, Hanseatic Fund VCIC Plc, aims to initially raise USD 120 million.Applying a strong focus on investor protection at all times, its investment goal is on Handysize and Supramax bulk carriers and feeder-sized container vessels aged between four and 15 years. Other types of tonnage or different sizes will be considered as well.Hanseatic Fund VCIC Plc will be regulated as an Alternative Investment Fund (AIF) by the Cyprus Securities and Exchange Commission (CySEC) in line with the relevant EU directives.The units of the Hanseatic Fund VCIC Plc also qualify as an eligible investment for the ‘Scheme for Naturalization of Investors in Cyprus by exception’, issued by the Republic of Cyprus. It therefore offers an investment opportunity in an asset class with great scope for diversification, which previously was not available under this scheme.
Champions League winner Luis Garcia will be one of the star attractions on the OPTIMA stand at ICE London this week. Former Spanish international Garcia will be greeting visitors at Stand N2-310 and fielding questions about his career and his views on this summer’s World Cup Finals in Russia.OPTIMA CEO Jacob Lopez said: “We are very pleased counting with Luis García on our team during ICE this year. At OPTIMA, team spirit is rated very high. Luis knows very well what “team work” means and how hard work leads to amazing achievements. Playing in teams like the Spanish National Team, Barcelona, Liverpool and Atlético de Madrid, has been, undeniably, the result of continuous improvement, sustained and outstanding performance, reliability and hard work.“This matches in full what we do at OPTIMA, so we had no doubts in choosing him as our special guest. We look forward to collaborating with Luis on many occasions in the future.”Garcia added: “It´s an enormous pleasure to join OPTIMA Team during one of the most important industry events.“OPTIMA’s philosophy regarding quality, dynamism and team work has been key for me to decide to represent the OPTIMA brand, starting with one of the most important events in the gaming industry calendar. I look forward to meeting all football fans and OPTIMA partners at OPTIMA stand on Wednesday 7 February.” Top 50 clubs suffer €751m decline in brand value July 31, 2020 FavBet’s Alex Hleb deal: “When contract is just a piece of paper” June 19, 2020 Share StumbleUpon Submit Plus500 named as the main sponsor of Legia Warsaw August 10, 2020 Share Related Articles