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Investment Criteria
Property is increasingly becoming globalized, with investors seeking opportunities to complement their domestic holdings with exposure to overseas markets.
For that reason EaCoFin has agreed to co-manage the St. Maarten REIT Fund, which offers investors exposure to the Caribbean property market through direct local involvement.
There are several advantages of investing in property through REITs in different countries rather than by investing in property directly. For example, investors gain immediate and liquid exposure to the property market with less cost than other forms of real estate investment. With REIT-like structures being adopted by an increasing number of countries across the globe, it is a growing market.
The St. Maarten REIT Fund is co-managed with Sachs Warburgh Capital Partners. The Sachs Warburgh Group is an experienced offshore sector advisory group. With an on-the-ground presence in St. Maarten through St. Maarten Immo, SWCP has unparalleled access to market data and information.
For that reason EaCoFin has agreed to co-manage the St. Maarten REIT Fund, which offers investors exposure to the Caribbean property market through direct local involvement.
There are several advantages of investing in property through REITs in different countries rather than by investing in property directly. For example, investors gain immediate and liquid exposure to the property market with less cost than other forms of real estate investment. With REIT-like structures being adopted by an increasing number of countries across the globe, it is a growing market.
The St. Maarten REIT Fund is co-managed with Sachs Warburgh Capital Partners. The Sachs Warburgh Group is an experienced offshore sector advisory group. With an on-the-ground presence in St. Maarten through St. Maarten Immo, SWCP has unparalleled access to market data and information.
Investment Criteria
When evaluating the suitability of a prospective investment opportunity, EaCoFin emphasizes careful analysis and rigorous applications of investment disciplines on a case-by-case basis. The focal point of the investment selection strategy is to provide adequate funding to those companies that are developing or providing differentiable, proprietary, and cost-effective products or services that hold significant commercial promise in real estate markets. Our investment analysis begins with a comprehensive review of a prospective portfolio company's management, technology, and the viability and market potential of real estate, its development and services emanating around this effort. For the most promising opportunities, a more in-depth and thorough review will be completed with respect to specialized areas of inquiry, such as Design position, ongoing development requirements, administration and marketing expertise, and future funding needs to assure commercial success. We utilize a number of evaluation criteria, including:
Strong Management
We believe that one of the most important factors in the success of a later-stage company is the quality of the management team. We look for companies managed by experienced life sciences industry professionals with expert knowledge of their business and the ability to work well together. The management team should also have the leadership ability to execute the exit strategies defined at the time of investment.
Design Position
We focus on companies developing innovative designs with demonstrable competitive advantages. Such designs should be based on turn-key technology or specialized service expertise and should meet significant market needs. In-depth review of completed developments is a standard part of our due diligence.
Competitive Advantage
The prospective portfolio company's real estate developments should have a competitive advantage in the marketplace. This requires thorough assessment of existing developments and real estate under development based on similar or competitive projects.
Favorable Market
The prospective portfolio company's real estate developments should address a market characterized by favorable relationships among the variables of size, growth potential and competitive factors. The company's marketing strategy should be clearly defined and should be consistent with a large or rapidly developing market.
Attractive Investment Terms
The pricing and structure of the investment terms must allow EaCoFin to earn an attractive return on its investment. Each company is valued as an independent entity.
Appropriate Capitalization
The size of the investment round in which we participate must allow the company to implement its strategic plan. Too often, under-capitalization creates extraordinary risk for the investor.
Defined Exit Strategy
We define clear alternatives for the ultimate realization of investment returns prior to the time we make an investment in a portfolio company. Exit strategies may involve the sale of equity securities through initial public offerings, secondary public and private offerings, partial secondary sales in connection with strategic alliance/corporate partnering transactions, or merger and acquisition transactions.
With this in mind we have been in a position to be the financier of choice for prestigious developments in various markets.
We believe that one of the most important factors in the success of a later-stage company is the quality of the management team. We look for companies managed by experienced life sciences industry professionals with expert knowledge of their business and the ability to work well together. The management team should also have the leadership ability to execute the exit strategies defined at the time of investment.
Design Position
We focus on companies developing innovative designs with demonstrable competitive advantages. Such designs should be based on turn-key technology or specialized service expertise and should meet significant market needs. In-depth review of completed developments is a standard part of our due diligence.
Competitive Advantage
The prospective portfolio company's real estate developments should have a competitive advantage in the marketplace. This requires thorough assessment of existing developments and real estate under development based on similar or competitive projects.
Favorable Market
The prospective portfolio company's real estate developments should address a market characterized by favorable relationships among the variables of size, growth potential and competitive factors. The company's marketing strategy should be clearly defined and should be consistent with a large or rapidly developing market.
Attractive Investment Terms
The pricing and structure of the investment terms must allow EaCoFin to earn an attractive return on its investment. Each company is valued as an independent entity.
Appropriate Capitalization
The size of the investment round in which we participate must allow the company to implement its strategic plan. Too often, under-capitalization creates extraordinary risk for the investor.
Defined Exit Strategy
We define clear alternatives for the ultimate realization of investment returns prior to the time we make an investment in a portfolio company. Exit strategies may involve the sale of equity securities through initial public offerings, secondary public and private offerings, partial secondary sales in connection with strategic alliance/corporate partnering transactions, or merger and acquisition transactions.
With this in mind we have been in a position to be the financier of choice for prestigious developments in various markets.
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