WorldVest, a global merchant bank, has launched a new asset management division. Within this division, it seeks to pursue strategic investments through the creation of platform companies and managed investment funds.
Reportedly, the investments may include advanced trading funds, debt & mezzanine lending funds, real estate opportunity funds, and middle-market acquisition companies. It has added that each of these platform companies will be structured with its own investment objectives and growth strategies and in each case WorldVest Asset Management will act as external management.
Moreover, it expects to pursue a variety of opportunities and investment structures each aimed at capitalizing on a asset class or global market, rather than placing limits on its business scope. It has added that WorldVest evaluates opportunities in all geographic markets, industries and stages of development based on their individual merits, seeking to participate in those which offer the opportunity to create outsized risk-adjusted returns.
The company claimed that it has launched StormWorks, as an equity development platform subsidiary, which will utilize the its global infrastructure to identify strategic growth-stage and middle-market opportunities with an initial focus on the disruptive technology, new media and natural resource sectors.
Garrett Krause, CEO of WorldVest, said: “WorldVest is currently evaluating a number of exciting investment opportunities in US, Korea, China, and Brazil with the potential to dramatically enhance the growth of our asset management division. Through our Asset Management division, WorldVest will be able to take full advantage of these unique global opportunities creating tremendous shareholder value, while diversifying direct investment risk.”
