GFH Maritime Partners Limited Company Overview
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Questions and Answers

What is the principal purpose of GFH Maritime Partners Limited?

  • To invest in the Hayfin Maritime Yield Fund LP (correct)
  • To acquire an interest in Hayfin Management Limited
  • To act as investment advisor to the Fund Manager
  • To manage the Hayfin Maritime Yield Fund LP

    • Who has appointed Hayfin Management Limited as the manager of the Fund?

  • GFH Maritime Partners Limited
  • Hayfin Maritime Yield Fund GP Limited (correct)
  • GFH
  • Hayfin Capital Management LLP

    • What is the role of Hayfin Capital Management LLP in relation to the Fund?

  • It acts as the general partner of the Fund
  • It acquires an interest in the Fund
  • It provides investment advice to the Fund Manager (correct)
  • It acts as the manager of the Fund

    • What is the Total Investment Amount that the Company will invest in the Fund?

    <p>c.US$ 58 million</p> Signup and view all the answers

    What is the relationship between the Company and GFH?

    <p>The Company will acquire an interest in the Fund from GFH</p> 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?

    <p>Hayfin</p> Signup and view all the answers

    What is the total investment amount that the Company is targeting to raise?

    <p>US$ 54.3 million</p> Signup and view all the answers

    What percentage of unitholding will GFH hold in the Company?

    <p>Up to 7%</p> Signup and view all the answers

    What is the par value per Unit of the Company?

    <p>US$ 0.01</p> Signup and view all the answers

    What is the purpose of the share premium account?

    <p>To credit the difference between the par value and the full Subscription Amount</p> Signup and view all the answers

    What is the benefit of the mechanism of crediting the share premium account?

    <p>It provides greater flexibility in returning investment funds to Investors</p> Signup and view all the answers

    What is the amount of the Initial Subscription Amount?

    <p>US$ 42.6 per Unit</p> Signup and view all the answers

    What is the purpose of the subscription amount being payable in more than one installment?

    <p>To correspond to the capital calls made by the Fund to the Company</p> Signup and view all the answers

    What is the amount of the full Subscription Amount per Unit?

    <p>US$ 100</p> Signup and view all the answers

    What is the status of the Subscription Agreement with respect to the investor?

    <p>A binding and irrevocable offer to invest in the Company</p> Signup and view all the answers

    Who has the discretion to accept the terms of the completed Subscription Agreement?

    <p>The Investment Manager</p> Signup and view all the answers

    What happens if there is an over-subscription for the Offering?

    <p>The excess subscription money is refunded within a maximum of 9 calendar days</p> Signup and view all the answers

    What is the purpose of notifying investors in writing of any changes to the offering timetable?

    <p>To inform investors of the changes to the offering timetable</p> Signup and view all the answers

    What happens if there is an undersubscription for the Offering?

    <p>The Company arranges for it or its affiliate(s) to subscribe for any unsubscribed Units</p> Signup and view all the answers

    When does the subscription period commence?

    <p>On the Offering Date (as defined in the PPM)</p> Signup and view all the answers

    Under what circumstances are investors notified in writing of changes or amendments to the Offering?

    <p>Only when the changes or amendments materially reduce the targeted rate of returns or substantially alter the risks assumed</p> Signup and view all the answers

    What is the role of the Investment Manager with respect to the offering timetable?

    <p>To effect any changes to the offering timetable</p> 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.

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    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.

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