SOLE SHIPPING SO GP III LIMITED
SOLE SHIPPING SO GP III LIMITED is a other fund in the US, CY, NO, GB, JE and EU writing $10M–$200M checks into maritime-asset-finance and shipping.
- Stages
- other
- Sectors
- maritime-asset-finance, shipping
- Check size
- $10M–$200M
- Invests in
- US-wide, CY, NO, GB, JE, EU
- Actively investing
- Yes
- Founded
- 2004
Thesis
Sole Shipping is a specialized investment firm established in 2004, focusing on acquiring maritime assets through sale and leaseback structures and operating under bareboat charter agreements. Their core strategy involves acquiring vessels with reputable counterparties, with no age restrictions on vessels, and a strong emphasis on the counterparty and the vessel's employment. The firm's mandate covers all types of vessels, aiming to be a preferred partner and foster repeat business. Deal sizes typically range from USD 10 million to USD 200 million. Although described as an infrastructure investment firm, its primary focus is on shipping and marine vessels, employing a value-added investment strategy. Sole Shipping is headquartered in Limassol, Cyprus, with additional offices in Norway, the UK, and Jersey. They facilitate investments through fund structures. Sole Shipping Special Opportunities Fund III closed in January 2021 with USD 177 million in committed capital, and Fund II closed in February 2018 with USD 200.6 million. Both funds are domiciled in Jersey, Channel Islands, and own vessels through Cypriot and Maltese companies, with an 8-year term and a 4-year investment period.
Common questions
Does SOLE SHIPPING SO GP III LIMITED invest at the other stage?
Yes. SOLE SHIPPING SO GP III LIMITED lists other among the stages it invests in.
What check size does SOLE SHIPPING SO GP III LIMITED write?
SOLE SHIPPING SO GP III LIMITED writes $10M–$200M checks.
Where does SOLE SHIPPING SO GP III LIMITED invest?
SOLE SHIPPING SO GP III LIMITED invests in the US, CY, NO, GB, JE and EU.