The novel coronavirus (COVID-19) disease pandemic has come at a time when millions of people around the world are looking to finalise their financial year and settle their 2019 tax liabilities.

Sygnus Credit Investments has partnered with Sagicor Investments to launch a US$100-million private equity fund to continue its expansion within the Caribbean’s alternative investment market.

Sygnus Credit Investments Limited is aiming to raise US$35 million from the market by March next year, to take advantage of a series of deals lined up for financing, says CEO Berisford Grey.

Sygnus Credit Investments (SCI), the largest private credit investment company listed on the Jamaica Stock Exchange (JSE), is seeking to raise more capital to finance its growing lending portfolio.

Sygnus Real Estate Finance Limited (SRF), the real estate financing company within the Sygnus Group, is investing US$3 million in a high-end residential development in Ironshore, Montego Bay.

Hard-hitting insights from the panel discussion at Sygnus’ Business at Breakfast Forum hosted by Sygnus Tax Advisory.

Investment outfit Sygnus Credit Investments (SCI) is reporting record net profits, core revenues, and earnings for the financial year ended June 30, 2019.

SYGNUS Credit Investments Limited (SCI) has already raised $600 million or half the $1.2 billion needed to deploy capital to borrowers of medium-sized business entities across the Caribbean.

SYGNUS CREDIT INVESTMENTS Limited, SCI, issued credit to an additional six companies in the December quarter, bringing its deals since inception to 16, and is signalling that it has more prospects lined up.

Sygnus Group has expanded into a second location on Phoenix Avenue dedicated solely to its subsidiary, Sygnus Tax Advisory Limited, the only financial advisory firm in the Caribbean to offer its clients a full suite of tax services.