Industry News

Eppley expanding investment portfolio
October 5, 2021

Even with there being talk of a possible rise in interest rates, Eppley Limited remains unfazed by the pronouncement and is looking to satisfy the burgeoning demand for its loans, leases and insurance premium financing products.

https://www.jamaicaobserver.com/business-report/eppley-expanding-investment-portfolio_232575?profile=1056

Sygnus Real Estate Finance IPO falls short
September 23, 2021

Real estate finance firm Sygnus Real Estate Finance, SRF, fell short of its goal of raising about $3.9 billion on Jamaica’s capital market, instead garnering $2.3 billion in an IPO that closed September 10. SRF was seeking to raise up to US$25 million by offering more than 207.6 million ordinary shares denominated in Jamaican and US dollars, up-sizeable to a further 38,857,193 shares in the IPO.

https://jamaica-gleaner.com/article/business/20210922/sygnus-real-estate-finance-ipo-falls-short

Portland pumps more into online grocery business
September 3, 2021

Michael Lee-Chin’s Portland Private Equity firm and affiliates have poured more funds into Merqueo, the Latin American online grocery business that has been widening its scope since the pandemic-related lockdowns.

https://jamaica-gleaner.com/article/business/20210903/portland-pumps-more-online-grocery-business