FOR IMMEDIATE RELEASE

PRESS RELEASE

JUNE 19, 2026

SYGNUS MARKS 10TH ANNIVERSARY WITH LAUNCH OF FOUNDATION AND J$16M INVESTMENT IN BARBARY HALL PRIMARY AND INFANT SCHOOL

DONATION SUPPORTS CRITICAL REPAIRS AND LONG-TERM RECOVERY EFFORTS FOLLOWING HURRICANE MELISSA

 

(St. Elizabeth, Jamaica) – Marking a major milestone in its 10th anniversary year, Sygnus officially launched the Sygnus Foundation while commemorating the completion of a J$16 million roof restoration project at Barbary Hall Primary and Infant School in St. Elizabeth, reinforcing the company’s commitment to supporting Jamaica’s recovery and resilience following Hurricane Melissa.

The milestone was commemorated during a special plaque handover ceremony attended by Berisford Grey, President and CEO of Sygnus; The Honourable Floyd Green, Minister of Agriculture, Fisheries and Mining and Member of Parliament for St. Elizabeth South Western; Elizabeth James, Vice President and Head of Wealth and Client Strategy at Sygnus; and Danielle Drummond, Donor Projects Coordinator at the National Education Trust (NET) and members of the Sygnus team. The investment funded the restoration of the school’s roof, helping to create a safer and more secure environment for teaching and learning. The completed works have enabled students to return to their classrooms for the first time since Hurricane Melissa impacted the institution in October 2025.

As part of the day’s activities, Sygnus team members also helped to repaint the school’s playground, bringing new colour and life back into a space. The repainting formed part of the wider effort to refresh and restore the school environment.

The project represents the latest phase of Sygnus’ Hurricane Rebuild Initiative, launched in the aftermath of Hurricane Melissa in October 2025. With support from several local, regional and international partners, including significant contributions from Bahamas Striping Company and CrossBoundary, the initiative was designed to move beyond emergency relief and invest in the long-term recovery of communities impacted by the storm.

Berisford Grey, President and CEO of Sygnus, said the launch of the Foundation reflects the company’s desire to create sustainable impact beyond its business operations. “As we celebrate 10 years of Sygnus, we are proud to formally launch the Sygnus Foundation, an initiative that reflects the values that have guided our journey from the beginning: partnership, purpose and nation-building. Following Hurricane Melissa, we committed not only to helping communities recover, but to supporting their long-term rebuilding and resilience. Today, as we stand at Barbary Hall Primary and Infant School and see students once again learning in restored classrooms, we are witnessing the fulfilment of that promise. This marks not just a milestone for Sygnus, but the beginning of a deeper and more structured approach to social impact across Jamaica.”

The launch of the Foundation comes during Sygnus’ 10th anniversary month and signals a strategic expansion of the company’s corporate social responsibility efforts through a dedicated platform focused on creating meaningful and lasting change in communities across Jamaica.

Minister Green commended the partnership and the focus on rebuilding educational infrastructure. “Firstly, let me commend Sygnus. I want to thank the company for their strong corporate social responsibility and for stepping forward at such a critical time to help our communities and to help our children,” Minister Green continued. “I can’t think of a better way to mark 10 years of innovation, 10 years of creativity and 10 years of growth than to contribute to a fine educational institution like Barbary Hall. I think this is a brilliant way to start the work of your foundation. It already signals what you are about: driving development, driving growth, helping rural communities to do well, and also stepping forward in times of crisis, to ensure that the government, community and private sector can work together to shorten the time that we take to recover from these disastrous affairs. Schools are the heartbeat of rural communities, and the outcomes of our children are really based on the strength of the educational institution. Barbary Hall has trained some of the best and brightest across the world. So you are allowing some of the best and brightest to flourish.”

Acting Principal Mariann Chambers-Smith welcomed the support, noting that the investment will have a transformative impact on the school and its students. “It is with deep gratitude and a sense of renewed hope that we, the Barbary Hall Primary and Infant School, extend heartfelt thanks to the Sygnus Foundation for their generous support in re-roofing our primary department. Of course, our children this week were privileged to go into their classrooms for the first time after Hurricane Melissa. Because of your support and partnership, our students and teachers now have a place of safety and security, and teaching and learning can continue. You have not only repaired our roof, but you have also helped us to rebuild our confidence and a sense of stability within our school community. Your contribution will have a lasting impact on this institution.”

The Barbary Hall Primary and Infant School project forms part of the broader vision of the Sygnus Foundation, which will focus on initiatives that strengthen communities, expand opportunities and contribute to sustainable development across the region.

As Sygnus enters its second decade of growth, the Foundation’s launch serves as a tangible reflection of the company’s belief that long-term success is measured not only by financial performance but also by the positive impact created in the lives of people and communities.

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About Sygnus
Sygnus is a leading alternative investment firm in the Caribbean and Latin America, dedicated to driving economic development across the region through creative and innovative financing solutions. By offering a range of investment alternatives, including private credit, real estate financing, private equity and impact investing, Sygnus addresses unmet demands, unlocking capital for growing enterprises and playing a pivotal role in regional economic growth. The cutting-edge alternative investment (AI) platform is fueled by transformative strategies designed to accelerate development across the Caribbean and Latin America. This platform is backed by a team of forward-thinking experts who craft tailored solutions for our clients, complemented by dedicated investment banking and wealth management services. Sygnus also provides specialised services in Puerto Rico through Sygnus Capital PR LLC, formerly known as Acrecent

 

FOR IMMEDIATE RELEASE

PRESS RELEASE

JUNE 11, 2026

 

IFC COMMITS UP TO US$15M TO SYGNUS-MANAGED CCRF DEBT SUB-FUND TO STRENGTHEN RESILIENCE, SUPPORT JOB CREATION ACROSS 13 CARIBBEAN COUNTRIES

 

(Kingston, Jamaica) – The International Finance Corporation (IFC), a member of the World Bank Group, will invest up to US$15 million in the Caribbean Community Resilience Fund (CCRF) Debt Sub-Fund, a regional investment vehicle managed by Sygnus and established in partnership with the CARICOM Development Fund (CDF). The investment, IFC’s first debt fund transaction in the Caribbean, is expected to expand access to financing for medium-sized enterprises while supporting resilience and sustainability projects, including critical infrastructure investments, that drive economic growth and job creation across the region.

Established to mobilize long-term capital for climate resilience and sustainable development, the CCRF platform is designed to address financing gaps that have historically constrained private sector growth throughout the Caribbean. Through the CCRF Debt Sub-Fund, financing will be deployed across 13 countries: Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago.

The Fund will focus on seven priority sectors critical to the region’s long-term development and resilience: energy, water, agriculture, housing, transportation, financial services, and information and communications technology. Investments will support businesses and projects that strengthen economic resilience, improve productivity, expand access to essential services and create sustainable employment opportunities across participating countries.

“Building a more resilient and sustainable Caribbean is central to Sygnus’ mission, and IFC’s investment represents a significant milestone for both the CCRF platform and the region,” said Berisford Grey, Co-Founder, President and CEO of Sygnus. “Through the CCRF Debt Sub-Fund, we are expanding access to long-term financing for medium-sized enterprises while supporting investments that strengthen critical sectors, unlock economic opportunity and contribute to job creation across Caribbean economies.”

Across the Caribbean, limited access to long-term financing continues to constrain business growth and private sector investment. Domestic credit in the region’s small states stands at just 32.8 per cent of GDP, while the estimated financing gap exceeds US$22 billion. The CCRF Debt Sub-Fund was developed to help bridge this gap by providing flexible capital solutions tailored to the needs of growing businesses and transformative development projects.

“This timely and pioneering investment highlights the critical role that flexible private capital can play in unlocking opportunities across the Caribbean,” said Elizabeth Martinez de Marcano, IFC Division Director for the Andean Countries and the Caribbean. “Innovative vehicles like the CCRF Debt Sub- Fund deliver customized financing solutions that enable medium-sized enterprises to operate effectively, expand, and generate employment.”

The Caribbean remains among the world’s most climate-vulnerable regions, facing recurring threats from hurricanes and other natural hazards that can reverse years of development gains. The impact of Hurricane Melissa in 2025 highlighted the urgent need for greater investment in resilient infrastructure, sustainable development and innovative financing solutions, as the Category 5 system caused significant damage and disruption across parts of the Caribbean, including Jamaica, The Bahamas and Dominica. Strengthening resilience through strategic investment is therefore critical to helping countries and businesses prepare for, withstand and recover from future shocks.

This initiative aligns with the World Bank Group’s Small States Strategy, which focuses on strengthening resilience, expanding economic opportunities and mobilizing private capital in small and vulnerable economies. It also supports broader regional efforts to advance sustainable development and build stronger, more resilient Caribbean economies.

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About Investment
IFC will invest up to US$15 million in the CCRF Debt Sub-Fund, which is targeting US$75 million, scalable to US$125 million. IFC’s investment comprises up to US$5 million in the senior tranche and up to US$10 million in the mezzanine tranche. The fund will allocate up to 70 per cent of the capital commitment to on-lending for medium-sized enterprises, with the remaining 30 per cent directed toward resilience and sustainability projects across the Caribbean.

About Sygnus
Sygnus is a leading alternative investment firm in the Caribbean and Latin America, dedicated to driving economic development across the region through creative and innovative financing solutions. By offering a range of investment alternatives, including private credit, real estate financing, private equity and impact investing, Sygnus addresses unmet demands, unlocking capital for growing enterprises and playing a pivotal role in regional economic growth. The cutting-edge alternative investment (AI) platform is fueled by transformative strategies designed to accelerate development across the Caribbean and Latin America. This platform is backed by a team of forward-thinking experts who craft tailored solutions for our clients, complemented by dedicated investment banking and wealth management services. Sygnus also provides specialised services in Puerto Rico through Sygnus Capital PR LLC, formerly known as Acrecent

About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record US$71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.

FOR IMMEDIATE RELEASE
PRESS RELEASE

MAY 21, 2026

PUERTO RICO PLATFORM DRIVES RECORD QUARTERLY PERFORMANCE FOR SCI

(Castries, St. Lucia) – Sygnus Credit Investment Limited’s (“SCI” or the “Group” or the “Company”) Puerto Rican subsidiary, Acrecent Financial LLC (“Acrecent or “AFL”), delivered record financial results for the nine-month and three-month periods ended March 31, 2026. AFL’s net profits for the nine-month period eclipsed its net profits for the entire prior financial year, supported by record quarterly net profits of US$3.37 million, up 127.2% from US$1.48 million in the corresponding period last year. Similarly, SCI reported record quarterly net profits of US$2.20 million for the three months ended March 31, 2026, an increase of 19.7% from US$1.84 million last year, marking the Company’s strongest third quarter performance since inception. During the quarter, SCI also increased its ownership stake in Acrecent through an additional US$2.00 million investment. Following the quarter end, AFL declared another semi-annual interim dividend payment of US$948.7 thousand, bringing total dividends declared during the current financial year to US$2.13 million.

The Group reported total investment income of US$12.03 million and net investment income of US$7.84 million for the nine months ended March 31, 2026. The performance was supported by strong gains generated from the Puerto Rico Credit Fund (“PRCF”) investment income, which exceeded the corresponding period last year, despite the offsetting impact of the dividend distribution received from AFL during the period. This underscores the continued strength and scalability of the Group’s core Puerto Rico private credit business. In addition, SCI’s results for the period were influenced by certain one-time revenue items, which impacted the recognition and timing of interest income.

“The third quarter results reflect the resilience and growing scale of our regional private credit platform, highlighted by record profitability from our Puerto Rico operations and SCI’s strongest third-quarter performance since inception,” said Jason Morris, Co-Founder, Executive Vice President and Chief Investment Officer, Sygnus Capital. “Looking ahead, we remain focused on disciplined capital deployment across our origination pipeline, further expanding our regional footprint, and maintaining strong credit quality as we continue to grow the platform in a measured and sustainable way.”

SCI reaccelerated its capital deployment during the quarter, financing US$15.34 million in new investment commitments for the private credit portfolio, compared to US$10.25 million in the similar quarter last year. Total assets increased to US$242.83 million. In Puerto Rico, AFL

originated US$100.25 million and has deployed US$55.72 million during this financial year. Acrecent’s total assets surpassed the US$150.00 million mark, reflecting continued momentum in the expansion of the Group’s private credit platform across the Spanish-speaking Caribbean.

SCI further strengthened its funding base through several capital market initiatives, including the extension of its dual-currency preference shares to December 2028 at improved rates and the close of a US$27.00 million capital raise across JMD and USD tranches early in the third quarter.

During the quarter, an interim dividend of US$1.00 million or US$0.00172 per share was declared and subsequently paid on April 2, 2026. Total dividends paid to shareholders since the Company’s IPO in 2018 increased to US$18.70 million.

SCI remains focused on disciplined growth as it enters the final quarter of the financial year, supported by a strong pipeline of investment opportunities and continued demand for private credit solutions across its core markets. The company expects to maintain momentum in capital deployment while prioritising portfolio quality, prudent risk management, and balance sheet strength as it executes its regional growth strategy.

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About Sygnus

Sygnus is a leading alternative investment firm in the Caribbean and Latin America, dedicated to driving economic development across the region through creative and innovative financing solutions. By offering a range of investment alternatives, including private credit, real estate financing, private equity and impact investing, Sygnus addresses unmet demands, unlocking capital for growing enterprises and playing a pivotal role in regional economic growth. The cutting-edge alternative investment (AI) platform is fueled by transformative strategies designed to accelerate development across the Caribbean and Latin America. This platform is backed by a team of forward-thinking experts who craft tailored solutions for our clients, complemented by dedicated investment banking and wealth management services. Sygnus also provides specialised services in Puerto Rico through Sygnus Capital PR LLC, formerly known as Acrecent Financial. As of December 2023, the company expanded its offerings, reaffirming its commitment to delivering innovative and personalised financing solutions that foster the island’s economic growth.

FOR IMMEDIATE RELEASE

PRESS RELEASE

March 31, 2026

SYGNUS CAPITAL RETURNS WITH BUSINESS AT BREAKFAST SUMMIT, DRIVING URGENT CALL TO MOBILISE CAPITAL FOR CLIMATE RESILIENCE IN THE CARIBBEAN

(Kingston, Jamaica) – Sygnus Capital marked the return of its Business at Breakfast Summit on Wednesday, March 25, 2026, reaffirming its position as a leading catalyst for sustainable investment in the Caribbean. Held under the theme “Building Resilience: Mobilising Capital for a Sustainable Caribbean”, the summit convened leaders from government, finance, and industry to explore how strategic capital deployment can address climate risk, infrastructure gaps, and long-term economic resilience across the region.

The summit brought together leading voices shaping the region’s sustainable investment landscape: Matthew Samuda, Minister of Water, Environment and Climate Change; Gerardo Aguilar, Head of Climate and Energy at Sygnus USA; and Emanuel DaRosa, Founder and CEO of SunTerra Energy. Moderated by James Connor, Sygnus Capital Puerto Rico CEO, the discussion examined renewable energy expansion, climate-smart infrastructure, and the policy and investment frameworks required to scale sustainable development across the Caribbean.

Aguilar provided a global and regional perspective on climate investment dynamics, noting, “The Caribbean contributes just 1% of global CO2 emissions, yet it is on the frontline of climate impacts. Across the region, investors continue to face common challenges, including fragmented markets, limited scale, and geopolitical risk. However, the opportunity lies in structuring the right financial and legal frameworks to allow capital to flow efficiently into the Caribbean, leveraging science, technology, and proven models from other markets. By addressing these barriers, the region can unlock significant investment in sectors such as energy, water, and climate-resilient infrastructure.”

During the discussion, panellists also explored in detail how capital can be mobilised and deployed more effectively across priority sectors. Key themes included the urgent need for development capital to transform early-stage ideas into bankable projects, as well as the importance of aligning policy, execution timelines, and risk-return expectations. Additionally, discussions highlighted opportunities in renewable energy, particularly the transition from intermittent to dispatchable power through battery storage, alongside major investment potential in water infrastructure, climate-smart agriculture, and the blue economy. Panellists emphasised that while global capital exists, unlocking it requires stronger project preparation, regulatory clarity, and execution capacity across the region.

Minister Samuda underscored the Government’s data-driven and policy-backed approach to resilience, stating: “One of the pillars is closing the science and technology nexus with policy. We are engaging best-in-class scientific study and technology to ensure our resilience design meets the challenges we face. It is an interesting time where climatic, geopolitical and political risks – three unique risks – are in many ways colliding at the same time. For us, the focus is on analysing our risk profile using best-in-class science and technology, and the process we have used is anchored in a system we call the Jamaica Systemic Risk Assessment Tool, which is the first of its kind in the developing world. He further pointed to a growing pipeline of bankable national projects. “In the Jamaican context, the climate risk has created opportunities for resilience building across energy, infrastructure, water and climate-smart agriculture, and virtually every sector of the economy. We will go to market with a billion to a billion-point-three worth of projects over the next 16 to 18 months, so you do have bankable, ready, acceptable projects that we’ve developed, with significant opportunities for investment in public infrastructure, including roads, rail, logistics and housing.”

The summit also highlighted the role of innovative financing mechanisms in accelerating investment. Blended finance emerged as a critical tool to de-risk projects and crowd in private capital, while the Caribbean Community Resilience Fund (CCRF) was referenced as a key regional initiative supporting investments in renewable energy, water security, agriculture, and coastal protection. The discussion reinforced that beyond financing, expertise, execution capacity, and strategic alignment are essential to translating opportunity into impact.

Closing the summit, Berisford Grey, President and CEO of Sygnus Capital, emphasised the importance of scale and collaboration in building resilience across the region. He noted: “Resilience is fundamentally about how economies absorb shocks, adapt, and recover with momentum, ideally stronger than before. For the Caribbean, that means investing in core sectors like infrastructure, climate, water, and food security at scale. The region requires significant capital, estimated at over US$100 billion over the next decade, but the opportunity is equally significant. Impact investing is now a US$1.5 trillion market and growing, and real capital is being deployed into resilience-focused sectors globally. Our challenge is to position the Caribbean to attract that capital by strengthening our track record and creating the right frameworks to de-risk investments. This cannot be done through small, incremental projects; we must think boldly, act at scale, and mobilise both regional and international capital to truly transform our economies.”

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About Sygnus

Sygnus is a leading alternative investment firm in the Caribbean and Latin America, dedicated to driving economic development across the region through creative and innovative financing solutions. By offering a range of investment alternatives, including private credit, real estate financing, private equity and impact investing, Sygnus addresses unmet demands, unlocking capital for growing enterprises and playing a pivotal role in regional economic growth. The cutting-edge alternative investment (AI) platform is fueled by transformative strategies designed to accelerate development across the Caribbean and Latin America. This platform is backed by a team of forward-thinking experts who craft tailored solutions for our clients, complemented by dedicated investment banking and wealth management services. Sygnus also provides specialised services in Puerto Rico through Sygnus Capital PR LLC, formerly known as Acrecent Financial. As of December 2023, the company expanded its offerings, reaffirming its commitment to delivering innovative and personalised financing solutions that foster the island’s economic growth.

OCTOBER 28, 2024
PRESS RELEASE
FOR IMMEDIATE RELEASE

 

SYGNUS CHAMPIONS HOPE WITH RENEWED COMMITMENT TO BREAST CANCER SUPPORT
THROUGH DONATION TO JCS AND JR2R

 

DONATION TO FUND 50 MAMMOGRAM SCREENINGS AND PROVIDE FINANCIAL AID FOR
PERSONS BATTLING BREAST CANCER

(Kingston, Jamaica) – In recognition of Breast Cancer Awareness Month, Sygnus Credit Investments (SCI) has once again reaffirmed its commitment by spearheading the firm’s annual
initiative in the fight against breast cancer. Sygnus has donated a total of J$600,000, equally distributed between the Jamaica Cancer Society (JCS) and Jamaica Reach To Recovery
(JR2R). This year’s contribution was complemented with a meaningful engagement, where the Sygnus team participated in a meet-and-greet session with both the JCS and JR2R to discuss
ongoing efforts to raise awareness and support individuals affected by breast cancer.

The meet-and-greet included Sygnus’ Renee Rickards, Senior Marketing Manager; Damani Reid, Manager, Investment Management; Nicollette Bailey, Investment Management Analyst;
and Tanajh Cunningham, Marketing Associate, along with Michael Leslie, Acting Executive Director at the JCS; Dionne Thomas, Public Relations Assistant, JCS; Sandra Samuels,
President of JR2R; and Carolind Graham, Chairperson of JR2R. During the session, JCS and JR2R provided insights into the current landscape of breast cancer awareness and prevention
in Jamaica, highlighting the critical importance of partnerships like these in supporting their work, while Sygnus reaffirmed their dedication to fighting breast cancer through advocacy and
financial contributions.

“At Sygnus, we are committed to spreading hope by offering tangible support in the ongoing fight against breast cancer. Through our partnership with the Jamaica Cancer Society and
Jamaica Reach to Recovery, we are not just providing financial aid—we are actively investing in the well-being of our community and standing in solidarity with those affected by Breast Cancer.
This year, we are proud to donate J$600,000 to support the cause. We believe that together we can help more people overcome, thrive, and work towards a stronger, healthier future,”
expressed Bailey.

According to the JCS, breast cancer is the leading cancer among women in Jamaica. In 2022, 1,327 women were diagnosed with the disease, with a mortality rate of 35.2 per 100,000
women. The incidence rate has risen to 71.1 per 100,000 women, up from 43.1 per 100,000 women. Jamaica Reach to Recovery (JR2R), a charity run by dedicated volunteers who support
those diagnosed with breast cancer, highlighted that many women struggle to afford tests, medication, and treatment. JR2R noted that women in rural areas such as St. Mary, St. Thomas,
Hanover, Portland, and St. Elizabeth often lack access to screening facilities and must travel to Kingston, Montego Bay, or the nearest parish with available resources for assistance. The
donation from Sygnus will help strengthen the JCS mammography screening programme, funding mammograms for 50 women. Additionally, JR2R will use the funds to support uninsured
women or those with minimal or no income, helping cover the cost of tests, scans, biopsies, medication, and treatment.

Leslie highlighted the concerning rise in breast cancer cases in Jamaica, stating, “This increase reflects more women being diagnosed with breast cancer across the island. A mammogram,
which enables early detection, remains the gold standard for screening. I urge all women aged 40 and older to get their mammograms done, and those with a strong family history of breast
cancer to begin screening even earlier.” He continued, “Our partnership with Sygnus over the years has been invaluable. It has allowed many Jamaican women, who might otherwise lack
access, to receive critical breast cancer screenings. We extend our heartfelt thanks to the Sygnus team for their ongoing support, and we encourage other organizations to join forces with
the JCS in providing screening for more Jamaican women in need.”

Sygnus continues to demonstrate its commitment to raising breast cancer awareness through a series of meaningful initiatives this October. The One Belmont building shines in pink each
evening, symbolising their solidarity with the cause. Team members have actively participated in events like the CIBC Walk for the Cure and joined the ICWI JR2R Pink Run. On social media,
Sygnus is sharing educational content to engage and inform their audience, further amplifying the message. Internally, the company has been distributing weekly updates to promote greater
awareness of breast cancer among employees. Additionally, a “Lunch and Learn” session, led by JR2R Chairperson Carolind Graham, provided valuable insights, fostering increased
education and awareness within the team.

During their visit to the JR2R facility, the Sygnus team gained insight into the organisation’s vital services, which include providing prosthetics, specialised bras, and swimsuits tailored for
survivors. Additionally, Sygnus presented two self-care gift baskets to the JR2R participants as a gesture of appreciation.

“Many women diagnosed with breast cancer face the heartbreaking choice between feeding their families and paying for tests and treatments. That’s why support is vital to our ability to
continue helping these women. Cancer is a time-sensitive issue, and as a charity, Jamaica Reach to Recovery receives no ongoing financial support from the government or Corporate
Jamaica. We rely on donations, like those from Sygnus, to remain sustainable. Outside of our annual Pink Run fundraiser in October, our income is minimal, coming from the sale of
prostheses, bras, gym wear, swimwear, pins, and occasional donations. The continued partnership with Sygnus means everything—it is essential to our sustainability and our ability to
assist these women.” shared Samuels.

Sygnus continues to make significant contributions towards supporting the fight against breast cancer. The company’s ongoing partnership with both JCS and JR2R exemplifies its dedication
to improving healthcare access and supporting those affected by this life-altering disease. Through financial contributions and hands-on engagement, Sygnus is proud to be a part of the
journey towards a future where early detection, treatment, and recovery are more accessible to all.

 

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About Sygnus

Sygnus is a leading alternative investment firm in the Caribbean and Latin America, dedicated to driving economic development across the region through creative and innovative financing solutions. By offering a range of investment alternatives, including private credit, real estate financing, and private equity, Sygnus addresses unmet demands, unlocking capital for growing enterprises and playing a pivotal role in regional economic growth. The cutting-edge alternative investment (AI) platform is fueled by transformative strategies designed to accelerate development across the Caribbean and Latin America. This platform is backed by a team of forward-thinking experts who craft tailored solutions for our clients, complemented by dedicated investment banking and wealth management services. Sygnus also provides specialised services in Puerto Rico through Sygnus Capital PR LLC, formerly known as Acrecent Financial. As of December 2023, the company expanded its offerings, reaffirming its commitment to delivering innovative and personalised financing solutions that foster the island’s economic growth.

SEPTEMBER 24, 2024

FOR IMMEDIATE RELEASE

PRESS RELEASE

 

INVESTING IN YOUNG MINDS: SYGNUS CAPITAL EMPOWERS STUDENTS WITH BACK-TO-SCHOOL DONATIONS AND CAREER GUIDANCE

 

(Kingston, Jamaica) – Sygnus Capital is once again stepping up to make a meaningful impact by supporting the back-to-school initiatives of two educational institutions – St. Margaret’s Human Resource Centre and Riverton Meadows Early Childhood Centre. Both schools operate under the St. Patrick’s Foundation, a long-standing partner of Sygnus in its mission to uplift underserved communities through education and opportunity.

 As part of this year’s initiative, Sygnus Capital made a special visit to St. Margaret’s Human Resource Centre, which offers a HEART NSTA Trust Electrical Installation Level 2 Programme that equips students with practical skills in technology. Sygnus donated two laptops, bolstering the programme’s technological resources and ensuring that students have greater access to digital learning tools. During the visit, the Sygnus team spent time with the students, discussing how education opens doors to opportunities in engineering and other technical fields, and encouraging them to remain focused on their studies. Many of the students expressed aspirations to enter the electrical field, and Peta-Gaye Simpson, Senior Real Estate Development Manager at Sygnus, shared advice based on her experience in the real estate industry. She encouraged the students to stay committed to their studies and provided insight into how hands-on skills, like electrical work, play a critical role in the broader real estate and construction sectors. Her personal journey and expertise gave the students a real-world perspective, inspiring them to see how their current education could lead to rewarding careers.

Keeno Dodd, Principal of the St. Margaret’s Human Resource Centre, expressed his gratitude to the Sygnus team for the timely donations. “These donations are a tremendous boost in advancing technology for our trainees, enabling them to better utilize resources and enhance their learning experience. The laptops will help more students access computers on a wider scale, addressing the shortage of machines that often limits equal opportunities, especially during practical sessions. We extend our heartfelt thanks to Sygnus for their continued support, helping us as both a community and training centre to make a lasting impact on the country by empowering our youth.”

 Meanwhile, at Riverton Meadows Early Childhood Centre, Sygnus brightened the start of the new school year by donating essential school supplies, including books, stationery, and teaching aids. The school serves 118 students across eight classes—four for early childhood education (ages 4 to 6 years) and four for the Brain Builder Centre (catering to students from 3 months to 3 years old). The Sygnus team also took the opportunity to interact with the young students, listening to their dreams and sharing words of encouragement. During the handover ceremony, the school’s principal expressed heartfelt gratitude for the timely donations.

“After dedicating the first two weeks to assessments and settling in, our students are now ready to learn and engage in extracurricular activities including reading, Spanish and drama clubs, starting next month. The support from Sygnus is a tremendous relief, not just for us but for the parents as well. Sygnus’ continued assistance, which has been critical, lifts a huge burden from our shoulders. On behalf of the community, the St. Patrick’s Foundation, parents and the Riverton Early Childhood Centre, we are deeply grateful. Without donations like this, we wouldn’t be able to provide the quality early childhood care that our students deserve,” shared Junior Rowe, Principal of Riverton Meadows Early Childhood Centre.

This donation comes as part of Sygnus’ ongoing support of the St. Patrick’s Foundation, reinforcing the company’s belief in the transformative power of education. Sygnus has consistently invested in the Foundation’s initiatives, ensuring that students in vulnerable communities have access to the tools and guidance necessary for success.

 Peta-Gaye Simpson, Senior Real Estate Development Manager at Sygnus, who addressed the students during the visit at St Margaret’s, noted, “Education is one of the most powerful drivers of personal and community transformation. We’re proud to maintain our partnership with the St. Patrick’s Foundation and remain committed to equipping students with the resources and motivation they need to reach their full potential.”

As the new school year begins, Sygnus Capital remains steadfast in its dedication to fostering Jamaica’s youth through education, development, and community support. Through these initiatives, the company continues to build on its legacy of fostering growth and creating opportunities for Jamaica’s youth.

 

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About Sygnus

Sygnus is a leading alternative investment firm in the Caribbean and Latin America, dedicated to driving economic development across the region through creative and innovative financing solutions. By offering a range of investment alternatives, including private credit, real estate financing, and private equity, Sygnus addresses unmet demands, unlocking capital for growing enterprises and playing a pivotal role in regional economic growth. The cutting-edge alternative investment (AI) platform is fueled by transformative strategies designed to accelerate development across the Caribbean and Latin America. This platform is backed by a team of forward-thinking experts who craft tailored solutions for our clients, complemented by dedicated investment banking and wealth management services. Sygnus also provides specialised services in Puerto Rico through Sygnus Capital PR LLC, formerly known as Acrecent Financial. As of December 2023, the company expanded its offerings, reaffirming its commitment to delivering innovative and personalised financing solutions that foster the island’s economic growth.

AUGUST  30, 2024

PRESS RELEASE

FOR IMMEDIATE RELEASE

 

SYGNUS AND MEGA MART SUPPORT MUNRO COLLEGE’S REBUILDING EFFORTS AND ST. ELIZABETH FAMILIES THROUGH ROOF REPAIRS

 (Kingston, Jamaica) – In response to the devastating effects of Hurricane Beryl, Sygnus has stepped forward with vital contributions to support various recovery efforts. The hurricane left a trail of destruction, particularly in the parish of St. Elizabeth. Partnering with MegaMart, Sygnus has provided critical assistance to Munro College and severely impacted communities in St. Elizabeth. Sygnus has also extended its support to the Food for the Poor’s (FFTP) relief initiative.

The alternative investments company has donated J$5 million to Food for the Poor, bolstering their roofing initiative aimed at repairing homes and providing shelter for over 20 families left in need by the storm. Susan Moore, Director of Projects and Social Intervention at Food for the Poor Jamaica, shared, “As we continue to navigate the path to recovery and restoration following the devastating effects of Hurricane Beryl, it is truly a blessing to have partners such as Sygnus come on board in such a tangible and meaningful way. From the assessments we have done, we recognise that many persons are still displaced, unsettled, and distressed. Therefore, this donation will help us to better serve those persons and address those unmet needs, through a targeted approach. The reality is, the only way for us to respond, rebuild, and restore is by having the funding to do so. Hence, we applaud and thank Sygnus for this timely support that has breathed life into our efforts, and we look forward to strengthening this partnership, which is a testament to the power of collaboration.”

In addition to supporting FFTP, Sygnus, in collaboration with MegaMart, provided crucial aid to Munro College, one of Jamaica’s esteemed secondary education institutions, where some members of the Sygnus and Megamart teams are alumni. The school sustained approximately J$300 million in damages, with 31 of its 35 structures severely impacted. As a result, the reopening of Munro College will be delayed to allow for necessary repairs.

Mark Smith, Principal of the all-boys institution, provided details on the damages and expressed gratitude to Sygnus and MegaMart for their support. “The school sustained significant damage to infrastructure, including roofs, windows, and electrical lines. Nonetheless, we are thankful that despite the levels of damage observed, we have no loss of life, so we have to give God thanks for that. As we prepare for the upcoming school term, one of the critical things we have to do is to ensure that we are able to open for September. Our mantra now is ‘Build Back Better, Stronger Than Before’, and that is what we are using to rally our Old Boys fraternity, students, parents and staff, towards ensuring Munro College rises from all of this like a phoenix from the ashes.” He continued, “I would like to extend tremendous thanks to Sygnus and MegaMart for the show of support, not only in terms of words and great sentiment but actually writing a cheque to support the effort.”

Beyond financial contributions, Sygnus has demonstrated a hands-on commitment by partnering with MegaMart to distribute care packages to the Alligator Pond community and areas in the Munro region. Sygnus team members also united in their efforts, providing monetary donations and contributing essential items for the care packages. These packages included water, non-perishable food items, mosquito repellents, and hygiene products, addressing the immediate needs of those most affected by the hurricane. The team went a step further by spending time in the communities, directly engaging with residents affected by the hurricane, offering support, and providing a listening ear to those affected by the hurricane.

Elizabeth James, Vice President and Head of Wealth and Client Strategy at Sygnus, was among the team members who ventured into the affected communities. She notes, “At Sygnus, we believe in taking decisive action to support our communities, especially in times of need. This initiative reflects our commitment to making a tangible difference in the lives of Jamaicans affected by Hurricane Beryl. It’s about fulfilling our duty as a part of the Jamaican community— it’s about being there for our fellow Jamaicans, standing by them in times of adversity, and helping to rebuild what has been lost. We are proud to partner with MegaMart and Food for the Poor in these efforts, and we will continue to support those in need as they work to recover and rebuild,” shared Elizabeth James, Vice President and Head of Wealth and Client Strategy at Sygnus.

 

 

 

 

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About Sygnus

Sygnus is a leading alternative investment firm in the Caribbean and Latin America, dedicated to driving economic development across the region through creative and innovative financing solutions. By offering a range of investment alternatives, including private credit, real estate financing, and private equity, Sygnus addresses unmet demands, unlocking capital for growing enterprises and playing a pivotal role in regional economic growth. The cutting-edge alternative investment (AI) platform is fueled by transformative strategies designed to accelerate development across the Caribbean and Latin America. This platform is backed by a team of forward-thinking experts who craft tailored solutions for our clients, complemented by dedicated investment banking and wealth management services. Sygnus also provides specialised services in Puerto Rico through Sygnus Capital PR LLC, formerly known as Acrecent Financial. As of December 2023, the company expanded its offerings, reaffirming its commitment to delivering innovative and personalised financing solutions that foster the island’s economic growth.

JANUARY 30, 2024

PRESS RELEASE
FOR IMMEDIATE RELEASE

SYGNUS CAPITAL APPOINTED AS FUND MANAGER FOR RECENTLY LAUNCHED US$100 MILLION CARICOM FUND FOR REGIONAL DEVELOPMENT

(Bridgetown, Barbados) Sygnus Capital (“Sygnus” or the “Company”) was officially announced as the fund manager for the CARICOM Resilience Fund (CRF) on Friday, January 26, 2024. Launched in Bridgetown, Barbados, the Fund is a US$100 million blended finance vehicle focused on climate resilience and economic sustainability. Notable attendees included The Honourable Mia Amor Mottley, S.C., M.P., Prime Minister of Barbados, and Roger F. Nyhus, U.S. Ambassador to Barbados, the Eastern Caribbean, and the OECS.

Announcing Sygnus Capital as fund manager was Rodinald Soomer, CEO of the CARICOM Development Fund (CDF), who shared how important it was to appoint a manager from the region. “To help operationalise the CARICOM Resilience Fund, I am happy to announce that the CDF has appointed Sygnus Capital as Fund Manager. It was very important for us to appoint a manager from this region, as a fund of this nature must be built around solutions that are sensitive and tailored to the needs of our community, taking into consideration our geography, socio-economic dynamics and our cultural and political nuances.”

Sygnus Capital, a leader in alternative investments in the Caribbean, emerged as the chosen manager from a competitive selection process involving more than a score of other candidates. With an impressive track record, having three active funds in the region and over US$450 million in assets under management, Sygnus brings a wealth of experience and a deep regional understanding. This will aid in driving project selection and investor engagement while facilitating close collaboration with stakeholders to build resilience across the Caribbean. Sygnus Capital will partner with the Rocky Mountain Institute Island Energy Program to source and evaluate energy and climate projects in the region.

Berisford Grey, President and CEO of Sygnus Capital, noted, “Shaping a more resilient and sustainable future for the Caribbean through strategic investments in critical sectors is at the core of Sygnus’ mission. We are honoured to have been entrusted as the fund manager for the CARICOM Resilience Fund (CRF), a groundbreaking initiative that aligns seamlessly with our commitment to fostering regional development. As an alternative investments company deeply rooted in the Caribbean, we understand the urgency and transformational approach required for investment in climate, infrastructure, ICT, agriculture and other areas that catalyse economic resilience and mitigate against shocks to our economies and society. I am confident that the resilience fund will set the platform and drive investors to capitalise on the opportunity to transform the region.”

The CARICOM Resilience Fund has been under design and development since January 2023, with support from USAID. The Fund will make investments in resilience-focused small and medium enterprises (SMEs) and critical infrastructure projects through flexible debt and equity investments. It will target six key sectors: renewable energy, clean transport, blue economy, sustainable agriculture, ICT, and financial services. The CDF is helping launch the fundraising as an anchor investor by contributing $15 million and technical assistance to help foster meaningful collaboration with the private sector.

Describing the fund as a vital facility, Prime Minister Mia Mottley during her keynote address explained, “We will now go to heads of Government and to the broader region to encourage others to invest in this vital facility that is being established to help finance adaptation and mitigation projects in the eastern and southern Caribbean, and hopefully there will be interest in the entire Caribbean. Because if we do not have multiple sources of funding up to scale, we simply will not meet the race to be viable, insurable and liveable.” She continued, “I, therefore, want to encourage others here today to join in the effort, if there is interest on the part, not just of other governments but of private sector entities or institutional entities, who would wish to be part of this capital. Our aim should not be simply to have the 47.5 million US dollars which we’ll be starting with, which then will be leveraged. We must seek, in my view, to be able to raise 500 million US dollars in seed capital over the next 5 years to make this a major player in the Caribbean in altering the lives of Caribbean people. This region is sitting on untapped energy and untapped potential. This exercise is the first step in going in the right direction and the fact that it is focused on the climate crisis is appropriate.”

The launch of the CARICOM Resilience Fund is a result of the collaboration with the CARICOM Development Fund, USAID, Cross Boundary, Sygnus Captial and the Rocky Mountain Institute Island Energy Program.

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About Sygnus
Sygnus is a leading alternative investment management company in the Caribbean and Latin America, spanning private credit, real estate, and private equity. Sygnus manages Sygnus Credit Investments Limited (SCI) which is listed on the JSE and the largest Private Credit Investment company in the English-Speaking Caribbean. SCI is a pioneering private credit investment company, which offers creative debt financing to middle market businesses across the Caribbean. Sygnus Real Estate Finance Limited (SRF) provides flexible capital (Debt or Equity) to all classes of real estate assets (commercial, industrial, or residential). Sygnus Deneb Investments Limited (SDI) invests private equity capital in companies in the form of growth capital, buyouts, and turnarounds. The Sygnus Group also includes Acrecent Financial Corporation in Puerto Rico, a non-bank financial institution that provides asset-backed loans and leases to SMEs in Puerto Rico. Sygnus also offers its clients Investment Banking and Wealth Advisory.

 

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