Podcast
Questions and Answers
What is the principal purpose of GFH Maritime Partners Limited?
What is the principal purpose of GFH Maritime Partners Limited?
Who has appointed Hayfin Management Limited as the manager of the Fund?
Who has appointed Hayfin Management Limited as the manager of the Fund?
What is the role of Hayfin Capital Management LLP in relation to the Fund?
What is the role of Hayfin Capital Management LLP in relation to the Fund?
What is the Total Investment Amount that the Company will invest in the Fund?
What is the Total Investment Amount that the Company will invest in the Fund?
Signup and view all the answers
What is the relationship between the Company and GFH?
What is the relationship between the Company and GFH?
Signup and view all the answers
What is the term used to refer to the Fund General Partner, Fund Manager, Fund Advisor, and their respective associates?
What is the term used to refer to the Fund General Partner, Fund Manager, Fund Advisor, and their respective associates?
Signup and view all the answers
What is the total investment amount that the Company is targeting to raise?
What is the total investment amount that the Company is targeting to raise?
Signup and view all the answers
What percentage of unitholding will GFH hold in the Company?
What percentage of unitholding will GFH hold in the Company?
Signup and view all the answers
What is the par value per Unit of the Company?
What is the par value per Unit of the Company?
Signup and view all the answers
What is the purpose of the share premium account?
What is the purpose of the share premium account?
Signup and view all the answers
What is the benefit of the mechanism of crediting the share premium account?
What is the benefit of the mechanism of crediting the share premium account?
Signup and view all the answers
What is the amount of the Initial Subscription Amount?
What is the amount of the Initial Subscription Amount?
Signup and view all the answers
What is the purpose of the subscription amount being payable in more than one installment?
What is the purpose of the subscription amount being payable in more than one installment?
Signup and view all the answers
What is the amount of the full Subscription Amount per Unit?
What is the amount of the full Subscription Amount per Unit?
Signup and view all the answers
What is the status of the Subscription Agreement with respect to the investor?
What is the status of the Subscription Agreement with respect to the investor?
Signup and view all the answers
Who has the discretion to accept the terms of the completed Subscription Agreement?
Who has the discretion to accept the terms of the completed Subscription Agreement?
Signup and view all the answers
What happens if there is an over-subscription for the Offering?
What happens if there is an over-subscription for the Offering?
Signup and view all the answers
What is the purpose of notifying investors in writing of any changes to the offering timetable?
What is the purpose of notifying investors in writing of any changes to the offering timetable?
Signup and view all the answers
What happens if there is an undersubscription for the Offering?
What happens if there is an undersubscription for the Offering?
Signup and view all the answers
When does the subscription period commence?
When does the subscription period commence?
Signup and view all the answers
Under what circumstances are investors notified in writing of changes or amendments to the Offering?
Under what circumstances are investors notified in writing of changes or amendments to the Offering?
Signup and view all the answers
What is the role of the Investment Manager with respect to the offering timetable?
What is the role of the Investment Manager with respect to the offering timetable?
Signup and view all the answers
Study Notes
GFH Maritime Partners Limited
- GFH Maritime Partners Limited is an exempted company with limited liability incorporated in the Cayman Islands.
- The principal purpose of the company is to invest in the Hayfin Maritime Yield Fund LP.
Hayfin Maritime Yield Fund LP
- Hayfin Maritime Yield Fund LP is a Cayman Islands exempted limited partnership.
- The general partner of the Fund is Hayfin Maritime Yield Fund GP Limited, a Cayman Islands exempted company with limited liability.
- Hayfin Maritime Yield Fund GP Limited has appointed Hayfin Management Limited as the manager of the Fund.
- Hayfin Management Limited is a Cayman Islands exempted company with limited liability.
Hayfin Capital Management LLP
- Hayfin Capital Management LLP acts as the investment advisor to the Fund Manager.
- The Fund Advisor provides the Fund Manager with investment advice in relation to the Fund.
GFH's Commitment and Investment
- GFH has made a commitment to the Fund.
- The Company will acquire an interest in the Fund from GFH and will assume its capital contribution obligations to the Fund.
- The Company will invest a total of approximately US$ 58 million in the Fund.
- The Total Investment Amount is intended to cover the cost of acquiring the Company's interest in the Fund.
Investment Offering
- GFH Financial Group B.S.C aims to raise a targeted amount of approximately US$ 54.3 million through an investment in the Company.
- The investment involves the subscription of c. 543,000 Units, representing c. 93% unitholding, at US$ 100 per Unit.
Subscription Terms
- The subscription amount for each Unit will be payable in more than one installment, corresponding to capital calls and other fees/expenses incurred by the Company.
- Each investor will pay an initial subscription amount of US$ 42.6 per Unit at the Closing Date, with the remainder payable over time as requested by the Company.
Unit Structure
- The par value per Unit of the Company is US$ 0.01 (one cent).
- The difference between the par value and the full Subscription Amount (US$ 99.99) will be credited to the share premium account.
Subscription Agreement
- Each Subscription Agreement constitutes a binding and irrevocable offer to invest in the Company, subject to acceptance by the Investment Manager.
- The Investment Manager has discretion to accept or reject Subscription Agreements.
Offering Timetable
- The offering timetable is subject to change or amendment during the subscription period, with regulatory approvals obtained as applicable.
- Investors will be notified in writing of any changes to the offering timetable.
Changes to the Offering
- Changes to the Offering may be made during the subscription period, with investors notified in writing of material changes affecting the targeted rate of returns or risks assumed.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Learn about GFH Maritime Partners Limited, an exempted company with limited liability, and its investment in the Hayfin Maritime Yield Fund LP. Understand the company's purpose and its connection to the Hayfin Maritime Yield Fund.
