Wealth management firm SG Hambros has launched a new private equity fund for individual investors. The fund will tap into the investment expertise of Duke Street Capital, the well-known London based private equity firm for which SG Hambros serves as sole distributor to private clients. Duke Street’s investment team reportedly will focus on established businesses with good cash flow and operating in traditional sectors of the mid market. Additionally, the team will consider private businesses that would benefit from re-capitalisation or turnaround expertise.
The Managing Director of SG Hambros (Bahamas) Ltd., local affiliate of the Society General Group, said the new fund will extend the company’s wide range of investment products. Mrs. Betty Roberts further points out that SGH V will provide diversification opportunities for investors looking for products with no close correlation to traditional equity markets.
A team of officials from SG Hambros visited Nassau recently to introduce the Fund, and to review other alternative investment strategies with the local affiliate.