Well structured, properly governed, supervised by AIFM, tax-efficient
SevenSeas is a SCS, open-end, Luxembourg investment fund under a RAIF "umbrella" with an external AIFM regulated by Luxembourg’s CCSF with an ISIN No. LU1743296300 and Bloomberg No SSINVBU LX.
- Target size: $100 million
- Minimum investment: $250,000
- Redemption period: after 3 years
- Capital protection cover: up to 8 years
MAIN INVESTMENT PARAMETERS
- Acquisitions with up to 40% debt, aiming to safeguard credible dividend distribution even at current rates.
- Vessels to be employed on short-term Time-Charters to first class Charterers in the present hire market
- Aiming to timely acquire a modern fleet and benefit through trading and vessel sales at higher (appreciated) prices as market improves
- Dividend/distribution policy: At least annually of the distributable cash from vessel’s operations, after reasonable reserves