Castlepines Corporation is an international equity fund that invests its own and partner equity in major assets for secure, long-term yields.
Castlepines principally operates in the following sectors:
- Mining and resources;
- Power generation and utilities;
- Real estate; and
- Shipping and marine.
Castlepines seeks to purchase long-term, conservatively-yielding assets that provide a secure passive income stream. Equity is sourced from Castlepines’ own pension funds, large public pension funds and the pension funds of insurance companies. Castlepines has developed an investment model that provides access to substantial pension fund capital relatively quickly and efficiently. This capital is provided through one or more of our partner banks that act as pension fund advisers.
Castlepines’ typical investment term is 20 years or longer. Because we focus on secure long-term investments, equity costs to amortise capital and provide a return on equity are relatively low, well under double digits. If an investment term is shorter than 20 years, higher yields are required to enable Castlepines to amortise the capital over the shorter period.
Castlepines are investors, not lenders. We invest directly into certain projects and assets, taking a direct ownership interest. Castlepines generally takes no form of security over an asset, which normally means no mortgage, charge, loan or lien.
Castlepines is a passive investor and does not seek to actively participate in the operations of assets or control the board of asset operating companies.
- By Greg Collins
- Email: email@example.com