SOLE SHIPPING SO GP II LIMITED
SOLE SHIPPING SO GP II LIMITED is a buyout fund in global writing $10M–$200M checks into maritime-asset-finance and shipping.
- Stages
- buyout
- Sectors
- maritime-asset-finance, shipping
- Check size
- $10M–$200M
- Invests in
- global
- Actively investing
- Yes
- Founded
- 2004
- Assets under management
- $200.6M
Thesis
The firm operates with a clear strategy focused on partnering with reputable counterparties and securing employment for the vessels under bareboat charter agreements. Sole Shipping's mandate is broad, encompassing all types of vessels without age restrictions, with a primary emphasis on the quality of the counterparty and the vessel's employment. The firm aims to be a preferred partner, fostering repeat business. The typical deal size for Sole Shipping ranges from USD 10 million to USD 200 million. The firm has successfully raised capital through dedicated funds, including Sole Shipping Special Opportunities Fund II, which closed in February 2018 with USD 200.6 million in committed capital, and Sole Shipping Special Opportunities Fund III, which closed in January 2021 with USD 177 million. Sole Shipping facilitates investments via fund structures. Sole Shipping boasts a team of 10 professionals with over 100 years of combined experience in the shipping industry. Sole Shipping has a history of acquiring vessels, with a total of 61 vessels acquired since 2004, of which 26 have been sold.
Common questions
Does SOLE SHIPPING SO GP II LIMITED invest at the buyout stage?
Yes. SOLE SHIPPING SO GP II LIMITED lists buyout among the stages it invests in.
What check size does SOLE SHIPPING SO GP II LIMITED write?
SOLE SHIPPING SO GP II LIMITED writes $10M–$200M checks.
Where does SOLE SHIPPING SO GP II LIMITED invest?
SOLE SHIPPING SO GP II LIMITED invests in global.