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.

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.

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.