Business Overview Portland Capital Partners Plc is a new investment - - PowerPoint PPT Presentation
WELCOME TO PORTLAND CAPITAL PARTNERS PLC (P (PCP Plc lc) Business Overview Portland Capital Partners Plc is a new investment company that has been established to build on the experience, expertise and contacts of its executive directors,
Portland Capital Partners Plc is a new investment company that has been established to build on the experience, expertise and contacts of its executive directors, which include an experienced Chartered Banker, asset manager.
Investment Objective The Company’s investment objective is to deliver medium to long-term capital appreciation by investing in assets which provide low volatility, medium term capital appreciation and high yield. Assets include equities with a focus on the UK and other securities that may provide exposure to different asset classes. Subject to the Boards approval, the Company will seek to maintain its capital fully invested. There will be no restrictions
Investments will be made via a portfolio of transferable securities including investment trusts, deposits, money market instruments and derivatives. Ordinarily the portfolio will normally remain fully invested. The Investment Manager has the absolute discretion to weight the portfolio towards any investment type or sector, including cash, at any time provided such investment is compatible with the investment objective and policy of the Company as a whole. The companies target is to make investments which will yield a gross return of 8% to 16% per annum.
Investment Policy The principal investment objective of the company is to invest in companies holding assets to achieve medium term capital appreciation with high yield. Also to invest into, short to medium Term Bridge financing to SMEs, short term secured bridge financing to professional corporates (Law firms) as discounting facilities, Bio Fuel energy products, Venture capital investment in equity, health care and nursing homes. Investment Sectors
In its selection process, the company adopts a bottom-up security selection process that allows the company to thoroughly assess company-specific risk, liquidity and long-term upside potential. In doing so, the company will make use
strategies, political, monetary and regulatory risks.
The Company’s investments in equity securities may include ordinary shares, preference shares and bonds. Strategies, investment policies, trading ideas and reasons will underpin the results obtained. The Company may also, at any time, hold cash and securities for cash Investment purposes, pending investment in accordance with its Investment Policy and to meet operating expenses and redemption requests. Un-invested cash may be held on deposit in a bank account in the name of the Company with an authorised and regulated credit institution. The company may also invest in money market instruments and treasury bills for the purposes of liquidity Investment. The company seeks to structure a diversified relative value and macro portfolio subject to pre-defined limits. The Company’s portfolio may comprise both long and short positions. The company may move between strategies and markets as it perceives opportunities and risks to arise prevail. Investors will have a fixed return which will minimize the impact of short term interest rate volatility. In addition, the note will be tradable on the secondary market supplement the chance for investors to sell their holdings at any time, subject to normal market conditions. A low risk, liquid, investment for suitable Investors.
Target Characteristics The Company intends to undertake investment in projects that have the following characteristics:
infusion;
Portland Capital Partners Plc (PCP Plc) Product Name: Portland Capital Profit Participation Bonus Bond Minimum Investment: £100,000 with additional subscription in multiples of £10000 Coupon: Coupon @ 5.5% p.a every 6 months Profit-Participation Bonus Policy: 3.5% p.a on the performance of the company payable yearly Term: 10 years Redemption: Repayment of capital on the Redemption Date. Withholding Taxes: Income is paid gross of basic rate tax for UK based investors and
Mr Kevin Allan ACIB Chief Executive Officer Kevin is the founder of Portland Capital Partners Plc. He is an experienced Chartered Banker and was with the Bank of Scotland Corporate Business Development and Credit Sanctioning Team. His expertise lies in Networking and working with key professionals in the industry, to obtain corporate banking client referrals with property lending requirements of up to £10m and trading businesses with turnover in the £1m - £25m range. Additionally, Kevin is the Corporate Finance Director in Pyramid Property Finance Limited, a well-established company providing corporate lending introductions, researching clients’ needs and providing solutions based on whole of market knowledge. Kevin was also Head of Corporate lending in Barclays bank for 24 years and his last role was as a member of the Birmingham Corporate Team, comprised of 11 corporate investment managers and 40 support staff across 20 different sites spanning through the greater Birmingham area. His Customer portfolio comprised of 100 corporate businesses as defined with sales turnover of £500k to £20m and/or committed credit facilities of £250k to £15m. The typical customer had sales turnover of £5m - £20m and credit facilities of £1 – 5m. Kevin was responsible for portfolio exposure totalling £35m, with credit balances of £10m generating a contribution of £1m per annum. Business objectives consisted of growing income by 10% to 12% per annum.
Other responsibilities included credit sanctioning roles and introducing innovative portfolio investment tools and credit risk assessment techniques beyond standard lending policy and development of support staff under his control. He developed a personable and trusting relationship approach with key business introducers and promoted the Barclays brand within the financial community. Kevin brings a wealth of expertise in the financial sector which is a huge asset to the team. His key role in Portland Capital Partners Plc is to identify prospective investments and their fundamental returns which meet the investment ethos of the company.
Mr Patrice Benjamin C Nanette, FCCA, Bsc Hons ,LLB, MBA. Investment Manager / Company Secretary Patrice is born and raised in Mauritius but qualified and educated in England. He has been the Director of several companies, and is currently Chief Financial Officer of an international group called the Super Group Trading SA, with assets of excess of $2 billion. Patrice is regulated by the Financial Services Commission of Mauritius and is approved as a fund Investment Manager and as a Administrator of funds . Patrice has over 15 years’ experience as an Investment Manager and is currently on the board of several funds with have investments in excess of $150 million Worldwide. He advises on investment strategy and excels in the fields of accounting, auditing, tax planning/reporting, and business administration of investments companies with very high net-worth. Patrice was also a portfolio Investment Manager for Deutsche Bank ( Mauritius) Ltd where he was managing the day to day running of portfolios of investments in 120 corporate offshore structures, as-well as fund administration and investment of both open and close ended funds having assets under investment in excess of $500 million . Patrice has also been a senior auditor for KPMG Mauritius in the past, where he was in charge of audit of companies in property and investment holdings to large multinational closed and open ended funds of net worth of over $150 million. Professional and Academic Fellow Member of the Association of Certified Accountant (UK) Bachelor of Law, Second Class Honours, Upper Division , ( University of London ) Master’s in business and Administration with Merit, University of Bradford (UK) Member of the Mauritius Institute of Professional Accountants (Mauritius) Member of the Mauritius Institute of Director (Mauritius)
Paul Miller Non-executive Director Paul miller is well known in the footballers community and was born in London's East End and attended Morpeth Secondary School in Bethnal Green. Upon leaving there in 1975 he joined Tottenham Hotspur. He played in just under 300 games for the Club mainly as a defender. During this time, we won 2 FA Cups in 1981 & 1982 and a EUFA Cup in 1984. He also played in 2 charity shields and 1 League Cup final, and was awarded a testimonial in 1986. He was transferred to Charlton Athletic in 1987 and played in and won the 1st ever top division play-offs. He then got transferred to Watford in 1988 where I played in another play-off. I then had short spells with AFC Bournemouth and Swansea City before retiring in 1992. Shortly after he took and successfully passed FPC 1,2 & 3, before joining Royal Insurance, becoming one of their top
Benfield and Cooper Gay. Subsequently he joined Kleinwort Benson Private Bank in 1995. After leaving there in 1998, he went to Bank International Luxembourg and became a Director of their ‘Sport’s Bank’, where we securitized loans to football clubs for the rebuilding of stadiums and the factoring payments of the second half of player transfer fee’s. In 2000, He joined UBS Private Bank as a Director helping to run their Sport & Entertainment sector, dealing with Lawyers, Accountants and Agents who represented the various sports stars . He have raised money for various investment funds and property development opportunities. He is FCA regulated to give personal recommendations on investments in the course of corporate finance business. He has several Ambassador roles which include Tottenham Hotspur, The Devonshire Club in the City and The London Sporting
Corporate Discount Lending - 35% Nursing Homes / Healthcare Lendings
Stuctured Products- 20% Cautious Investment - 10%
INVESTMENT PORTFOLIO
PORTLAND INVESTMENT STRATEGY Together this executive team is able to:
investment
diligence
plan and future prospects of each investment opportunity to ensure that it is suitable for Portland Capital Partners Plc and capable of meeting its investment criteria. Identify asset based portfolios in UK and Europe which require capital funding with the ability to generate high yields. Portland is proposing following Investment Portfolio:
Investment Philosophy of Company Investment Manager philosophy rests on basic principles that have stood the test of time and provided healthy and regular performance across all stock markets worldwide. They are:
1) Long-Term Vision PCP Plc Directors aim is to manage regular portfolios that are earmarked to be invested over a period of 5 to 7 years. This matches the investment document objective, which aims at managing a regular performing portfolio over the long term. Superior results are always achieved with a performing portfolio of long term investments. 2) Risk Diversification PCP Plc portfolios are also invested with the objective of minimizing risks elements. Given care in constructing a well- diversified portfolio that limits the volatility associated with specific securities risk, currencies, economic sectors and geo- political risk. 3) Prudent approach to Investment In addition to laying the foundations of a portfolio based on the criteria mentioned above, their investment approach aims at limiting the portfolio risks inherent to exogenous factors (such as world events), and to also take opportunities as and when they occur.
PROFIT & LOSS ACCOUNT PROJECTIONS
PCP Plc Forecast Has Been Independently Prepared and Verified By AMASS BTC (Chartered Management Accountants) 393 Old Church Road Coventry CV6 7DT P: 02476683849 E: info@amassbtc.co.uk
Details Year 1 Year 2 Year 3 Total Fund Raised 10,000,000 25,000,000 35,000,000 Turnover 1,400,000 3,500,000 4,900,000 Direct Cost Coupon Payment - 5.5% P.a 550,000 1,375,000 1,925,000 Gross Profit 850,000 2,125,000 2,975,000 Profit Participation Bonus – 3.5%P.a 350,000 875,000 1,225,000 Administrative Cost 124,320 137,320 160,824 Total Operating Expenses 474,320 1,012,320 1,385,824 Net Profit Before Tax 375,680 1,112,680 1,589,176
PCP Plc Forecast Has Been Independently Prepared and Verified By AMASS BTC (Chartered Management Accountants) 393 Old Church Road Coventry CV6 7DT P: 02476683849 E: info@amassbtc.co.uk
Portland Capital Partners PLC Statement Showing Forecasted Rate of Return and Coupon Payment Total Months Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Year 1 Amount Raised 10,000,000 10,000,000 Allocation of Investments Corporate Discount Lending - 35% 3,500,000 3,500,000 Nursing Homes / Healthcare - 35% 3,500,000 3,500,000 Stuctured Products - 20% 2,000,000 2,000,000 Cautious Investment - 10% 1,000,000 1,000,000 Total Amount Raised & Invested 10,000,000 10,000,000 INCOME GENERATED DURING THE PERIOD (A) 116,667 116,667 116,667 116,667 116,667 116,667 116,667 116,667 116,667 116,667 116,667 116,667 1,400,000 Rate of Return 14.00% OPERATING EXPENSES Coupon Payment - 5.5% PA (Payable 6 Monthly) 275,000 275,000 550,000 Profit Participation Bonus-3.5% PA (Payable Annually) 350,000 350,000 Administrative Cost 6,652 6,652 6,652 6,652 5,652 6,652 29,860 9,110 9,110 9,110 9,110 19,110 124,320 TOTAL OPERATING EXPENSES (B) 6,652 6,652 6,652 6,652 5,652 281,652 29,860 9,110 9,110 9,110 9,110 644,110 1,024,320 Capital Introduced by Shareholders 100,000 Opening Cash Balance 100,000 210,015 320,030 430,045 540,060 651,075 486,090 572,897 680,453 788,010 895,567 1,003,123 Net Cash Flow (A) - (B) 110,015 110,015 110,015 110,015 111,015
86,807 107,557 107,557 107,557 107,557
375,680 Closing Cash Balance 210,015 320,030 430,045 540,060 651,075 486,090 572,897 680,453 788,010 895,567 1,003,123 475,680
PCP Plc Forecast Has Been Independently Prepared and Verified By AMASS BTC (Chartered Management Accountants) 393 Old Church Road Coventry CV6 7DT P: 02476683849 E: info@amassbtc.co.uk
Portland Capital Partners PLC Statement Showing Forecasted Rate of Return and Coupon Payment Total Months Month 13 Month 14 Month 15 Month 16 Month 17 Month 18 Month 19 Month 20 Month 21 Month 22 Month 23 Month 24 Year 2 Amount Raised 15,000,000 15,000,000 Allocation of Investments Corporate Discount Lending - 35% 8,750,000 8,750,000 Nursing Homes / Healthcare - 35% 8,750,000 8,750,000 Stuctured Products - 20% 5,000,000 5,000,000 Cautious Investment - 10% 2,500,000 2,500,000 Total Amount Raised & Invested 25,000,000 25,000,000 INCOME GENERATED DURING THE PERIOD (A) 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 3,500,000 Rate of Return 14.00% OPERATING EXPENSES Coupon Payment - 5.5% PA (Payable 6 Monthly) 687,500 687,500 1,375,000 Profit Participation Bonus-3.5% PA (Payable Annually) 875,000 875,000 Administrative Cost 9,110 9,110 9,110 10,610 9,110 10,610 12,110 10,610 10,610 12,110 10,610 23,610 137,320 TOTAL OPERATING EXPENSES (B) 9,110 9,110 9,110 10,610 9,110 698,110 12,110 10,610 10,610 12,110 10,610 1,586,110 2,387,320 Opening Cash Balance 475,680 758,237 1,040,793 1,323,350 1,604,407 1,886,963 1,480,520 1,760,077 2,041,133 2,322,190 2,601,747 2,882,803 Net Cash Flow (A) - (B) 282,557 282,557 282,557 281,057 282,557
279,557 281,057 281,057 279,557 281,057
1,112,680 Closing Cash Balance 758,237 1,040,793 1,323,350 1,604,407 1,886,963 1,480,520 1,760,077 2,041,133 2,322,190 2,601,747 2,882,803 1,588,360
PCP Plc Forecast Has Been Independently Prepared and Verified By AMASS BTC (Chartered Management Accountants) 393 Old Church Road Coventry CV6 7DT P: 02476683849 E: info@amassbtc.co.uk
Portland Capital Partners PLC Statement Showing Forecasted Rate of Return and Coupon Payment Total Months Month 25 Month 26 Month 27 Month 28 Month 29 Month 30 Month 31 Month 32 Month 33 Month 34 Month 35 Month 36 Year 3 Amount Raised 10,000,000 10,000,000 Allocation of Investments Corporate Discount Lending - 35% 12,250,000 12,250,000 Nursing Homes / Healthcare - 35% 12,250,000 12,250,000 Stuctured Products - 20% 7,000,000 7,000,000 Cautious Investment - 10% 3,500,000 3,500,000 Total Amount Raised & Invested 35,000,000 35,000,000 INCOME GENERATED DURING THE PERIOD (A) 408,333 408,333 408,333 408,333 408,333 408,333 408,333 408,333 408,333 408,333 408,333 408,333 4,900,000 Rate of Return 14.00% OPERATING EXPENSES Coupon Payment - 5.5% PA (Payable 6 Monthly) 962,500 962,500 1,925,000 Profit Participation Bonus-3.5% PA (Payable Annually) 1,225,000 1,225,000 Administrative Cost 11,110 11,110 12,110 11,110 11,110 13,610 12,610 12,610 13,610 12,610 12,610 26,610 160,824 TOTAL OPERATING EXPENSES (B) 11,110 11,110 12,110 11,110 11,110 976,110 12,610 12,610 13,610 12,610 12,610 2,214,110 3,310,824 Opening Cash Balance 1,588,360 1,985,583 2,382,806 2,779,029 3,176,252 3,573,475 3,005,698 3,401,421 3,797,144 4,191,867 4,587,590 4,983,313 Net Cash Flow (A) - (B) 397,223 397,223 396,223 397,223 397,223
395,723 395,723 394,723 395,723 395,723
1,589,176 Closing Cash Balance 1,985,583 2,382,806 2,779,029 3,176,252 3,573,475 3,005,698 3,401,421 3,797,144 4,191,867 4,587,590 4,983,313 3,177,536
1,400,000 3,500,000 4,900,000
YEAR 1 YEAR 2 YEAR 3
PCP Plc Forecast Has Been Independently Prepared and Verified By AMASS BTC (Chartered Management Accountants) 393 Old Church Road Coventry CV6 7DT P: 02476683849 E: info@amassbtc.co.uk
PCP Plc Forecast Has Been Independently Prepared and Verified By AMASS BTC (Chartered Management Accountants) 393 Old Church Road Coventry CV6 7DT P: 02476683849 E: info@amassbtc.co.uk
375,680 1,112,680 1,589,176
YEAR 1 YEAR 2 YEAR 3
PCP Plc Forecast Has Been Independently Prepared and Verified By AMASS BTC (Chartered Management Accountants) 393 Old Church Road Coventry CV6 7DT P: 02476683849 E: info@amassbtc.co.uk
350,000 875,000 1,225,000
YEAR 1 YEAR 2 YEAR 3
Disclaimer
The information should not be regarded as specific investment advice or a personal recommendation of any kind. Should you require investment advice you should contact your securities broker. Factors that will influence the market price of the security include, but are not limited to, market appetite, inflation, and the time of redemption, interest rates and the financial position of the underlying entities. You must ensure that you understand the risks inherent in the security. The risks set out below are not intended to be a comprehensive list of all the risks that may apply to an investment in the security. You should seek your own independent professional investment, legal and tax advice as to whether an investment in the security is suitable for you. You should be aware that you could get back less than you invest or lose your entire initial investment. Issuer Risk- All obligations arising out of or in connection with the security will, on the Issue Date, be the sole responsibility of the Issuer. If the issuer goes out of business or becomes insolvent, you may lose some or, in the worst case scenario, all of your investment in the PCP Plc. This document does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any units in the security. Any purchase or sale of units should only be made on the basis of the information contained in the Issuer’s listing documents. You are recommended to read the listing documents carefully before you invest and seek independent legal advice before investing. The information contained is accurate as at the time the document was published but it is the responsibility of any prospective investor to satisfy itself, and independently verify the facts mentioned in this
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