Private Equity
A Strategic Partnership
Conrad Properties has partnered with Tribley Asset Management (TAM) to form a strategic investment partnership arrangement to raise private equity for their seams fund.
This partnership positions Conrad to access quality private equity investors to co-finance its development and investment projects.
The Seams Fund has been formed to target demand for property for which there is currently insufficient supply. The Development and Investment divisions of Conrad Properties are actively sourcing properties for this fund and a new opportunity fund whereby assets are acquired and repositioned often with value-add property development and refurbishment.
Bermuda is an overseas territory of the United Kingdom, located in the North Atlantic and connected by excellent air transport links to the UK, the USA and Canada. Politically stable and with a strong economy, Bermuda is the world’s pre-eminent offshore financial centre.
Bermuda combines a favourable tax regime with a strong regulatory environment and enjoys one of the world’s highest levels of GDP per capita. Insurance and reinsurance dominate the financial sector (Bermuda is home to the world’s third largest reinsurance market) and the territory is also a leading jurisdiction for hedge funds, investment funds, trust companies and home to many of the top family wealth offices who have portfolios averaging $3 billion US dollars each.
