Investment Strategy
THE OFFERING
Well structured, properly governed, tax-efficient
fund.
SevenSeas is a SCSp, open-end, Luxembourg investment fund under a AIF
"umbrella" indirectly regulated by Luxembourg’s CCSF with an ISIN No. LU1743296300
and Bloomberg No SSINVBU LX.
- Target size: $30 million (close in tranches of $5 - $7 million to purchase individual vessels)
- Minimum investment: $250,000
- Redemption period: after 3 years
- Sponsor investment: minimum 10% aligned interest
MAIN INVESTMENT PARAMETERS
- Acquisitions with up to 60% 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
- Dividend/distribution policy: At least annually of the distributable cash from vessel’s operations, after reasonable reserves