In May 2024, a press release published on the Pelagic Partners website revealed a continuation of Pelagic Fund I’s dividend distribution, exemplifying the company’s dedication to shareholder value.
As Pelagic Partners celebrated the completion of its fourth dividend distribution under Pelagic Fund I since its inception in 2020, it reflected on the incredible achievements and growth it had embarked on alongside its investors.
The dividend distribution incorporated a 6% cash yield, which served as a tangible testament to the residence and enduring strength of Pelagic Partners’ investment strategies, reinforcing the company’s commitment to delivering consistent results and fostering fruitful partnerships with all of its investors.
Pelagic Partners is an active participant in the investment landscape, constantly seeking out opportunities to optimize dividends. As the company moves forward, it remains as committed as ever to its mission of upholding the highest standards of performance excellence, Pelagic Fund I continues to serve as a beacon of growth and stability in the investment realm.
Capitalizing on a combined 65 years of in-depth industry knowledge and expertise of second-generation ship owning amassed by its two founding families, Pelagic Fund I has the architecture necessary to provide diversifying investors with opportunities to invest in the global shipping industry.
With 11 billion tons transported by ship each year, equating to 1.5 tons per person based on the current global population, the global shipping industry has quadrupled in size over the last four decades, creating lucrative investment opportunities for forward-looking investors. In 2019, the total value of global shipping trade exceeded $14 trillion that year alone.
Pelagic Partners’ founders are experienced, independent ship managers and owners who not only benefit from an in-depth understanding of shipping markets but also have access to unique investment opportunities and deal flows.
The company’s control of the whole chain enables it to close market-level acquisitions and make them competitive. With a solid understanding of the significant complexities involved in operating ships, Pelagic Partners knows how to operate and manage a fleet profitably.
Drawing on its founders’ experience in operating and managing their shipping groups, Pelagic Investment Fund RAIF V.C.I.C. PLC is run similarly to a traditional shipowning company.
The fund is based in Cyprus, a key European ship management hub and jurisdiction of choice for Alternative Investment Funds and Fund Managers. Enacted in 2018, the Alternative Investment Funds Law provides investors with transparency and protection through a regulatory framework that is aligned with EU directives.
With its founders continuing to serve as anchor investors, Pelagic Investment Fund RAIF V.C.I.C. PLC benefits from access to and intimate knowledge of the global shipping markets.
Investment decisions are primarily driven by the founders’ in-depth experience, outreach and networks, which have been acquired over the last three decades. Pelagic Investment Fund RAIF V.C.I.C. PLC’s external auditor is Deloitte Limited.
The fund’s investment strategy is based on three pillars:
- Market sentiment
- Operational flexibility and cashflow generation across the group
- Vessel values and the respective downside risk
Pelagic Partners invests in a diversified portfolio of maritime assets including oil tankers, bulk carriers, chemical and product tankers, gas carriers, general cargo vessels, containerships, ro-ro vessels and offshore support vessels.
Maintaining a strong presence across the whole value chain, Pelagic Partners provides partners with unique opportunities to become active players in global shipping, an industry that controls 90% of international trade.
A mainstay of the global economy since the very early ages, the maritime industry is constantly evolving and maintaining its vitality in supporting life. The important firsthand experience of its founders has enabled Pelagic Partners to build a brand partners can relate to and trust, plotting the course to long-lasting relationships.
