Maritime Possession Partners (MAP), the most recent name in ship money, assures to supply some much needed direction for proprietors, assisting load the resources gap in delivery – just do not call it a bank.
The ‘non-bank’ was formally launched recently with a host of widely known names generally in Norwegian delivery as well as offshore circles as backers. The automobile, which in a release explains itself as a “non-bank, specialized finance platform”, is led by ex-Deutsche Bank delivery supremo Nick Roos and counts the likessimilarity Arne Blystad as well as Axel Lorentzen as capitalists.
Kuwait personal equity company Wafra Capital is additionally a major capitalist as is Nergaard Investments Partners, a family owned financial investment company led by Birger as well as Alex Nergaard. LMP, a family members Financial investment businessInvestment firm owned by Asia-based Paal and also Jannicke Utvik is an additional crucial investor.
The system will certainly concentrate mostly on guaranteed lending, leasing and structured equity services in the commercial delivery as well as the offshore oil and also gas fields.
“MAP will certainly benefittake advantage of the substantial commitment shown by both monetary as well as naval industry stakeholders,” Roos tells Maritime CEO. The preliminary outlay of the platform stands at around $150m.
Each bargain will certainly be concluded on its own advantage, Roos says. “We are anticipating to construct a varied profile yet there are no defined allotments in between markets.”
For this year Roos sees most finance demands originating from Samp;P deals along with refinancing fundings maturing at banks who may not want to renew facilities.
officially launched last week with a host of well-known names mainly in Norwegian delivery as well as offshore circles as backers. Kuwait exclusive equity firm Wafra Funding is likewise a major financier as is Nergaard Investments Allies, a family possessed investment company led by Birger as well as Alex Nergaard.”MAP will benefit from the significant commitment shown by both financial and also naval industry stakeholders,” Roos informs Maritime Chief Executive Officer.