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Our objective is to achieve attractive risk adjusted returns for our shareholders
through our acquisition and lending activities in two principal business lines:
commercial and leveraged finance and real estate and related securities.
We benefit from opportunities available to us in our target markets. We believe
that, despite growing economies, the capital needs of many sectors of these markets
are not being met on a consistent basis. The bulk of third party capital
that has been recently invested in our targeted markets has been allocated to sovereign
debt, leaving a smaller portion of capital available for opportunities in real estate,
infrastructure and other sectors. Multi-national banks and non-governmental
agencies who do provide capital to these markets often limit their investments to
the largest companies and tend to lack a long term multi-cycle approach to their
lending and investment activities. Our strategy is to endeavor to meet the capital
needs of our target markets in a dedicated vehicle that can, over time, meet the
demands of borrowers on a consistent basis.
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