
Capital
Fund of funds, investment banking and venture capital, merchant banking, sovereign bond issuance, EU funding and past work with World Bank teams. The capital domain invests alongside the group's partners and advises the companies it works with.
Capital services
Capital is raised, allocated and advised in the sectors the group operates in: trade, shipping, logistics and commodities, and for sovereign and public issuers.
- Fund of Funds
- Allocates capital across a selected set of external managers rather than single securities, spreading exposure over strategies, geographies and vintages.
- Investment Banking & VC
- Advises companies on raising capital and on transactions, and takes minority positions in early-stage businesses connected to the group's sectors.
- Merchant Banking
- Invests the group's own capital alongside its clients in transactions the group also arranges: trade flows, vessels and the infrastructure of its sectors.
- Sovereign Bond Issuance
- Structuring and placement of bonds issued by sovereign states and public entities, from the mandate to the order book.
- World Bank Teams
- Experience from the group's past work with World Bank teams on preparing, structuring and financing projects.
- EU Funding
- Access to European Union funding programmes for companies and projects, from eligibility to application and drawdown.

Who we work with
- Institutions and family offices
- seeking exposure to trade, shipping and commodities through a manager that operates in those markets.
- Co-investors
- who want to take positions alongside the group in specific transactions.
- Companies
- in the group's sectors raising growth capital or preparing a transaction.
- Founders
- building businesses in trade, logistics, maritime or commodities technology.
Every relationship starts with a first conversation with the capital desk, followed by information on the activity, its counterparties and the way it is run, and the documentation for the specific fund or transaction under discussion.
Know-your-counterparty checks apply on both sides before the group commits capital. Capital and risk are decided at group level, so each investment sits under the same discipline as the group's own trades, vessels and businesses.
Excellence in Asset Management & Trade Finance.
Our investment principles
Alignment
Merchant banking means the group's own capital goes in alongside its partners'. Interests are shared from the first day.
Selection
Fund of funds exposure is built manager by manager, with the same diligence the group applies to its own trades.
Proximity
The group finances, ships and trades the goods it invests around. It sees the asset, not only the ticker.



