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	<title>Sygnus Group</title>
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	<description>The Caribbean&#039;s Leading Alternative Investment Platform</description>
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		<title>Sygnus Foundation gives Riverton students back-to-school boost</title>
		<link>https://sygnusgroup.com/sygnus-foundation-gives-riverton-students-back-to-school-boost/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 17:38:10 +0000</pubDate>
				<category><![CDATA[In the Media]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8902</guid>

					<description><![CDATA[<p>Sygnus Foundation gives Riverton students back-to-school boost &#160; As Sygnus celebrates its 10th anniversary and a new chapter through the Sygnus Foundation, members of the team joined the principal and students of the Riverton Meadows Early Childhood Centre during a recent back-to-school initiative. AS part of its 10th anniversary celebrations Sygnus underscored its commitment to [&#8230;]</p>
<p>The post <a href="https://sygnusgroup.com/sygnus-foundation-gives-riverton-students-back-to-school-boost/">Sygnus Foundation gives Riverton students back-to-school boost</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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<h1 class="title">Sygnus Foundation gives Riverton students back-to-school boost</h1>
<p class="wp-block-paragraph">&nbsp;</p>
<p><img fetchpriority="high" decoding="async" class="size-full wp-image-8903 aligncenter" src="https://sygnusgroup.com/wp-content/uploads/2026/09/c5c787d5bfa16b07b796a1f9649b868c.jpg.webp" alt="" width="1024" height="683" srcset="https://sygnusgroup.com/wp-content/uploads/2026/09/c5c787d5bfa16b07b796a1f9649b868c.jpg.webp 1024w, https://sygnusgroup.com/wp-content/uploads/2026/09/c5c787d5bfa16b07b796a1f9649b868c.jpg-300x200.webp 300w, https://sygnusgroup.com/wp-content/uploads/2026/09/c5c787d5bfa16b07b796a1f9649b868c.jpg-768x512.webp 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></p>
<p style="text-align: center;"><span style="color: #999999;"><em>As Sygnus celebrates its 10th anniversary and a new chapter through the Sygnus Foundation, members of the team joined the principal and students of the Riverton Meadows Early Childhood Centre during a recent back-to-school initiative.</em></span></p>
<p><b>AS part of its 10th anniversary celebrations Sygnus underscored its commitment to creating meaningful impact in communities, through the recently launched Sygnus Foundation, with a back-to-school initiative hosted at the Riverton Meadows Early Childhood Centre.</b></p>
<p>The initiative, undertaken in partnership with Sygnus Real Estate Finance Limited, provided targeted back-to-school support to 25 students at the centre, including school uniforms, book vouchers and assistance towards school fees.</p>
<p>The support was designed to help students and their families prepare for the new academic year while ensuring that children have some of the essential resources needed to begin the school term ready to learn.</p>
<p>The initiative also represented a continuation of Sygnus’ long-standing partnership with the St Patrick’s Foundation, which operates the Riverton Meadows Early Childhood Centre.</p>
<p>“Our partnership with Sygnus has been a long-standing and meaningful one, and we are grateful that they continue to invest in the children and families we serve.</p>
<p>“This back-to-school initiative goes beyond providing practical assistance; it gives our students the encouragement and confidence to begin the school year on a positive note. We value Sygnus’s continued commitment to the Riverton community and look forward to building on this partnership as we work together to create greater opportunities for our children,” said Hermaine Metcalfe, chairperson of the St Patrick’s Foundation.</p>
<p>The back-to-school support was complemented by a treat for children in the Riverton community. The event provided the children with an opportunity to enjoy a day of fun and fellowship ahead of the new school year.</p>
<p>For the Sygnus Foundation, the initiative reflects its purpose which was recently launched as part of the company’s 10th anniversary celebrations.</p>
<p><img decoding="async" class="size-full wp-image-8905 aligncenter" src="https://sygnusgroup.com/wp-content/uploads/2026/09/image_1-525.jpg" alt="" width="1024" height="693" srcset="https://sygnusgroup.com/wp-content/uploads/2026/09/image_1-525.jpg 1024w, https://sygnusgroup.com/wp-content/uploads/2026/09/image_1-525-300x203.jpg 300w, https://sygnusgroup.com/wp-content/uploads/2026/09/image_1-525-768x520.jpg 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></p>
<p style="text-align: center;"><span style="color: #999999;"><em>Members of the Sygnus team join representatives of St Patrick’s Foundation and Riverton Meadows Early Childhood Centre for the presentation of back-to-school support to students as part of Sygnus’ continued commitment to education and community development. Pictured are (from left) Annadeen Nembhard, head of people, culture and talent management at Sygnus Capital; Elizabeth James, vice-president and head of wealth and client strategy at Sygnus; Junior Rowe, Principal of Riverton Meadows Early Childhood Centre; Hermaine Metcalfe, chairperson for St Patrick’s Foundation; Dwyane Pryce, assistant vice-president, real estate and project finance at Sygnus; and Renee Rickards, senior marketing manager at Sygnus.</em></span></p>
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<p>According to Sygnus, the foundation was established to build on the company’s long-standing commitment to supporting communities and creating opportunities that can have a meaningful and lasting impact.</p>
<p>Elizabeth James, vice-president, wealth and client strategy, said, “As Sygnus celebrates 10 years, we are proud to strengthen our commitment to communities through the Sygnus Foundation. Our continued partnership with the St Patrick’s Foundation reflects the meaningful relationships we have built over the years, and we are pleased to support these students as they prepare for the new school year.”</p>
<p>The support was welcomed by the Riverton Meadows Early Childhood Centre Principal Junior Rowe, who highlighted the value of both the practical assistance and the opportunity for the children in the community to come together and enjoy the back-to-school treat.</p>
<p>“We are extremely grateful to Sygnus for continuing to support our students and other children in the community and for making this back-to-school season a little brighter for them. The assistance provided will help families with some of the expenses associated with returning to school, while the treat gave the children an opportunity to simply have fun, interact with their friends and look forward to the new school year.</p>
<p>“We value our relationship with Sygnus and the St Patrick’s Foundation, and we appreciate their continued investment in our children,” said Rowe.</p>
<p>The Riverton Meadows initiative builds on Sygnus Foundation’s growing programme of impact, which focuses on education, community development, health and wellness, and environmental sustainability through purposeful giving, strategic partnerships and hands-on engagement.</p>
<p>It followed the foundation’s first major project, a $16-million rehabilitation of Barbary Hall Primary and Infant School after damage caused by Hurricane Melissa, which restored safer, more functional learning spaces and underscored Sygnus’s commitment to education and community engagement.</p>
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<p><a href="https://www.jamaicaobserver.com/2026/09/01/sygnus-foundation-gives-riverton-students-back-school-boost/">https://www.jamaicaobserver.com/2026/09/01/sygnus-foundation-gives-riverton-students-back-school-boost/</a></p>
<p></p><p>The post <a href="https://sygnusgroup.com/sygnus-foundation-gives-riverton-students-back-to-school-boost/">Sygnus Foundation gives Riverton students back-to-school boost</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>The middle order of Caribbean capital</title>
		<link>https://sygnusgroup.com/the-middle-order-of-caribbean-capital/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Wed, 26 Aug 2026 17:48:25 +0000</pubDate>
				<category><![CDATA[In the Media]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8908</guid>

					<description><![CDATA[<p>The middle order of Caribbean capital &#160; Justine Powell. Every Caribbean country wants more successful businesses. We celebrate entrepreneurship, invest in programmes to support enterprise, and encourage innovation at every stage. Yet relatively little attention is paid to what happens after an idea becomes a business and after that business identifies an opportunity to grow. [&#8230;]</p>
<p>The post <a href="https://sygnusgroup.com/the-middle-order-of-caribbean-capital/">The middle order of Caribbean capital</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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<h1 class="title">The middle order of Caribbean capital</h1>
<p class="wp-block-paragraph">&nbsp;</p>
<p style="text-align: center;"><span style="color: #999999;"><em><img decoding="async" class="size-full wp-image-8398 aligncenter" src="https://sygnusgroup.com/wp-content/uploads/2026/04/391e5ccbbc5cfdba2fdeec3fb1934d43.jpg-1.webp" alt="" width="638" height="956" srcset="https://sygnusgroup.com/wp-content/uploads/2026/04/391e5ccbbc5cfdba2fdeec3fb1934d43.jpg-1.webp 638w, https://sygnusgroup.com/wp-content/uploads/2026/04/391e5ccbbc5cfdba2fdeec3fb1934d43.jpg-1-200x300.webp 200w" sizes="(max-width: 638px) 100vw, 638px" /><span>Justine Powell.</span><br /></em></span></p>
<p><strong>Every Caribbean country wants more successful businesses. We celebrate entrepreneurship, invest in programmes to support enterprise, and encourage innovation at every stage. Yet relatively little attention is paid to what happens after an idea becomes a business and after that business identifies an opportunity to grow.</strong></p>
<p>How are expansions financed? How are acquisitions funded? How does a development project graduate to a stable, income-generating asset?</p>
<p>These questions point to a reality that is often overlooked. Economic growth depends not simply on the availability of capital, but on the availability of the right type of capital at the right stage of development.</p>
<p>Businesses and projects rarely rely on a single source of financing throughout their lifecycle. Instead, they move through a continuum. At one end sit founders and sponsors, who bear the earliest risks and provide the capital required to transform ideas into viable enterprises. At the other end sit larger and typically less expensive pools, including commercial banks, institutional lenders, pension capital, and public markets, which are critical to scaling businesses and financing mature assets. But these providers generally require predictability, scale, and demonstrated repayment capacity before they will participate.</p>
<p>Between these two ends of the spectrum sits a range of providers that includes venture capital, private credit, private equity and development finance. This segment of the financial ecosystem is the middle order of Caribbean capital markets. In cricket, the middle order consists of batsmen who come in after the foundation is set and before the innings is closed out. They must demonstrate technical soundness, skill and composure to adapt their play to whatever the innings demands. They rarely receive the recognition afforded to the openers or the finishers, but they are often who determine whether a promising start becomes something substantial.</p>
<p>Commercial banks play an indispensable role in every economy but their mandate is not to finance every type of risk. Regulatory frameworks such as Basel III appropriately strengthened banking systems following the global financial crisis, reinforcing the importance of prudent lending and sound capitalisation. As a result, banks are most effective when lending against established cash flows, tangible collateral, and demonstrated repayment capacity. Many growth opportunities do not fit comfortably within that framework, not because they are unsuitable for financing but because they require a different type of capital.</p>
<p>Public markets face a different set of constraints. Across the Caribbean our capital markets remain limited in depth, but even in more developed markets, public markets are not designed to serve businesses at certain stages. Listing requires audited financials, sustainable earnings, scale, and the ongoing governance demands of a regulated environment. These are characteristics that most growing businesses and projects are still working toward. Public markets function best as a destination for mature businesses, not as a vehicle for getting them there.</p>
<p>Both banks and public markets, in other words, sit at the end of the capital formation journey. How they get there is precisely where alternative capital becomes essential.</p>
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<div id="internal_trc_4286140111">What makes this work more demanding than it appears is that the businesses most in need of growth capital are often those at an earlier stage of institutional development, with governance, reporting, and operational frameworks that are still maturing. Strengthening those foundations is as much the work as providing the financing itself. Alternative investors operating in this space take on real risk in illiquid markets with limited price discovery. Pricing that risk appropriately is what makes the model sustainable and repeatable. The measure of success is not simply whether a deal performs. It is whether the investment leaves the business better positioned to attract larger, cheaper capital on the other side.</div>
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<p>This is why the concept of bankability matters so much. A bankable business or project is one that possesses the characteristics required to attract conventional lenders on sustainable terms. A business that secures five million dollars of alternative capital today may access twenty million dollars of commercial financing later because the initial investment improved its governance, reduced key risks, and demonstrated what the business is capable of at greater scale.</p>
<p>Bankability is frequently the outcome of alternative investment, not the prerequisite for it</p>
<p>The Caribbean’s financial ecosystem has grown considerably more sophisticated over the past decade. New pools of private capital have emerged, alternative investment platforms have expanded, and investors have become increasingly comfortable financing opportunities that fall outside traditional lending models.</p>
<p>But the middle order’s work has only just started. The gap remains consequential, and its cost is not abstract. It shows up in growth rates, employment figures, and the pace at which productive assets come online across the region.</p>
<p>The economies that prosper over the coming decades will not necessarily be those that produce the most entrepreneurs. They will be those that build financial ecosystems capable of supporting businesses and projects through every stage of growth.</p>
<p><b>Justine Powell is vice-president of investment management at Sygnus Capital Limited, the Caribbean’s leading alternative investment manager with over US$700 million in assets under management.</b></p>
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<p><a href="https://www.jamaicaobserver.com/2026/08/26/middle-order-caribbean-capital/">https://www.jamaicaobserver.com/2026/08/26/middle-order-caribbean-capital/</a></p>
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<p></p><p>The post <a href="https://sygnusgroup.com/the-middle-order-of-caribbean-capital/">The middle order of Caribbean capital</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>Rethinking Capital &#124; Redefining Investments</title>
		<link>https://sygnusgroup.com/rethinking-capital-redefining-investments/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Mon, 10 Aug 2026 20:50:23 +0000</pubDate>
				<category><![CDATA[Newsletter]]></category>
		<category><![CDATA[newsletter]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8850</guid>

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										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner "><div class="wpb_wrapper"><div class="vc_btn3-container vc_btn3-inline vc_do_btn" ><a class="vc_general vc_btn3 vc_btn3-size-md vc_btn3-shape-rounded vc_btn3-style-classic vc_btn3-color-black" href="https://mailchi.mp/c96039a8b4d9/explore-the-alternative-investment-universe-with-sygnus-14185894" title="Rethinking Capital | Redefining Investments" target="_blank">View Newsletter</a></div></div></div></div></div>
</div><p>The post <a href="https://sygnusgroup.com/rethinking-capital-redefining-investments/">Rethinking Capital | Redefining Investments</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>Sygnus deepens Bahamas presence with IDB Invest facility</title>
		<link>https://sygnusgroup.com/sygnus-deepens-bahamas-presence-with-idb-invest-facility/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Wed, 29 Jul 2026 21:19:22 +0000</pubDate>
				<category><![CDATA[In the Media]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8832</guid>

					<description><![CDATA[<p>Lakespen drives profit at Sygnus &#160; &#160; Berisford Grey (centre), co-founder, president and CEO, Sygnus Capital Limited, and James Scriven (right), CEO of IDB Invest, sign documents marking the partnership to support receivables financing for eligible businesses in The Bahamas. &#160; SYGNUS Investment Bahamas Inc (SIB) has begun the phased rolled out of a receivables [&#8230;]</p>
<p>The post <a href="https://sygnusgroup.com/sygnus-deepens-bahamas-presence-with-idb-invest-facility/">Sygnus deepens Bahamas presence with IDB Invest facility</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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<h1 class="article--title jg:m-0">Lakespen drives profit at Sygnus</h1>
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<p><span><img decoding="async" class="wp-image-8833 aligncenter" src="https://sygnusgroup.com/wp-content/uploads/2026/07/54af51384760cdd808d978ee5e9d1bd2.jpg.webp" alt="" width="1080" height="720" srcset="https://sygnusgroup.com/wp-content/uploads/2026/07/54af51384760cdd808d978ee5e9d1bd2.jpg.webp 1258w, https://sygnusgroup.com/wp-content/uploads/2026/07/54af51384760cdd808d978ee5e9d1bd2.jpg-300x200.webp 300w, https://sygnusgroup.com/wp-content/uploads/2026/07/54af51384760cdd808d978ee5e9d1bd2.jpg-1024x683.webp 1024w, https://sygnusgroup.com/wp-content/uploads/2026/07/54af51384760cdd808d978ee5e9d1bd2.jpg-768x512.webp 768w" sizes="(max-width: 1080px) 100vw, 1080px" /></span></p>
<p style="text-align: center;"><span style="color: #999999;"><em>Berisford Grey (centre), co-founder, president and CEO, Sygnus Capital Limited, and James Scriven (right), CEO of IDB Invest, sign documents marking the partnership to support receivables financing for eligible businesses in The Bahamas.</em></span></p>
<p>&nbsp;</p>
<p><strong>SYGNUS Investment Bahamas Inc (SIB) has begun the phased rolled out of a receivables purchase platform supported by an uncommitted revolving working-capital facility of up to US$10 million from IDB Invest.</strong></p>
<p>Sygnus Credit Investments Limited (SCI) is making an equity investment in SIB and guaranteeing the facility, further deepening the listed private-credit company’s exposure to The Bahamas.</p>
<p>IDB Invest approved the facility in July 2025, and its project page lists June 2, 2026 as the signing date. The Government of The Bahamas will initially be the underlying obligor on the invoices purchased, with the funding targeted at receivables owed to approved small and medium-sized enterprise (SME) suppliers.</p>
<p>The facility will allow SIB to purchase approved Government invoices from Bahamian SMEs, giving the suppliers access to cash before the Government’s normal payment date. Under the arrangement, SIB will buy the receivables at a discount and collect the full invoice value when the Government settles the obligation.</p>
<p>The platform will initially focus on verified receivables linked to public-sector and infrastructure-related projects. Its longer-term ambition is to onboard a broader base of eligible Government suppliers and stable blue-chip private-sector companies.</p>
<p>“This solution is anticipated to provide liquidity to SMEs in The Bahamas by purchasing short-term receivables with maturities ranging from three months to less than a year. Additionally, this [working capital] line will deepen the local capital market by introducing new securities that offer liquidity to SMEs without them incurring additional debt,” the IDB’s project page explained.</p>
<p>Sygnus Investment Bahamas is described as being a member of the Sygnus Capital Group as per the press release. SIB was incorporated in August 2024 as an international business company with Legis Limited and Lex Limited as initial subscribers. Sygnus Capital Limited co-founders Berisford Grey and Jason Morris are listed as directors of the company which had an initial capital base of US$50,000.</p>
<p>The press release explained that the receivables platform was supported by the IDB Invest facility and an initial equity investment of approximately US$1 million by SCI which can scale up to US$5 million over time. SCI is described as an anchor investor of Sygnus Investment Bahamas.</p>
<p>The IDB’s project page explained that the working capital line to Sygnus Investment Bahamas would be 100 per cent guaranteed by Sygnus Credit Investments. The receivables purchases by Sygnus Investment Bahamas are expected to be short-term with maturities up to 12 months and an average amount of US$2.5 million. The IDB revolving working capital credit line is available for up to five years.</p>
<p>“This partnership represents an important step in our strategy to deepen Sygnus’ presence in The Bahamas while delivering a practical solution to a real business challenge,” said Gregory Hines, vice-president, asset backed investment &amp; projects, Sygnus Capital Limited, in the press release.</p>
<p>Apart from financing, IDB Invest and Sygnus Capital will collaborate on developing market studies to identify priority sectors, supplier segments, and areas of unmet working capital need in The Bahamas. IDB Invest will provide advisory services to help develop a comprehensive receivables financing program which includes operational processes, digital onboarding for SMEs, performance measurement and compliance frameworks.</p>
<p>“At its core, this platform is about helping Bahamian businesses convert earned receivables into liquidity faster and more predictably. Our focus is on building a disciplined and transparent platform that gives all stakeholders confidence in how receivables are verified, purchased, and settled,” Hines added.</p>
<p>Sygnus Credit Investments currently has 17.4 per cent of its core US$183.01 million private credit portfolio, excluding Puerto Rico, allocated to the Bahamas which is its third largest market. SCI previously funded a US$25 million project in Exuma for the Bahamas Striping Group of Companies in 2022 while Sygnus Capital lead a US$9 million fundraise for a project at Eight Mile Rock, Grand Bahama.</p>
<p>SCI expected to access approximately US$50 million in new credit lines during its 2027 financial year which began on July 1. This is on top of SCI’s expected draw down on the US$10 million credit facility with World Business Capital (WBC) and raising US$25 million via a preference share during its first quarter which ends on September 30. This was stated in Caricris’ recently published report on SCI.</p>
<p>SCI’s full year June 2026 numbers should become available by August 29.</p>
<p>SCI’s net profit for the nine-month period was down 30 per cent from US$6.97 million to US$4.85 million due to increased loss provisions from companies affected by Hurricane Melissa, lower interest income and fair value gains from its Puerto Rican investment. SCI received US$1.83 million in dividends from its investment Sygnus Credit Investments Puerto Rico Fund LLC.</p>
<p>SCI’s total assets were up 10 per cent to US$242.83 million with US$226.69 million in investments and US$2.02 million in cash. Total liabilities and equity were US$166.81 million and US$76.02 million, respectively. Jamaica is SCI’s largest core private credit market with a 40.5 per cent allocation followed by St Lucia having a 22.2 per cent allocation.</p>
<p><span>SCI’s Jamaican dollar (JMD) shares closed Monday at $9.23 which leaves it down 22 per cent year-to-date (YTD). The JMD shares traded at a new 52-week low of $9.01 on June 30. The United States dollar shares are down 22 per cent YTD at US$0.0508, with a 52-week low of US$0.0480 on July 22.</span></p>
<p>&nbsp;</p>
<p><a href="https://www.jamaicaobserver.com/2026/07/29/sygnus-deepens-bahamas-presence-idb-invest-facility/">https://www.jamaicaobserver.com/2026/07/29/sygnus-deepens-bahamas-presence-idb-invest-facility/</a></p>
<p></p><p>The post <a href="https://sygnusgroup.com/sygnus-deepens-bahamas-presence-with-idb-invest-facility/">Sygnus deepens Bahamas presence with IDB Invest facility</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>Sygnus launches receivables purchase platform</title>
		<link>https://sygnusgroup.com/sygnus-launches-receivables-purchase-platform/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Mon, 27 Jul 2026 21:49:13 +0000</pubDate>
				<category><![CDATA[In the Media]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8842</guid>

					<description><![CDATA[<p>Sygnus launches receivables purchase platform &#160; Gregory Hines &#160; Alternative investment firm {/span}Sygnus Investment Bahamas Inc. (SIB) has launched a new receivables purchase platform aimed at helping Bahamian businesses unlock cash tied up in unpaid invoices, backed by institutional funding of up to $10 million from IDB Invest and additional capital from the Sygnus Group, [&#8230;]</p>
<p>The post <a href="https://sygnusgroup.com/sygnus-launches-receivables-purchase-platform/">Sygnus launches receivables purchase platform</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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<h1 class="article--title jg:m-0">Sygnus launches receivables purchase platform</h1>
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<p><span><img decoding="async" class="size-full wp-image-8843 aligncenter" src="https://sygnusgroup.com/wp-content/uploads/2026/07/6a669963a3773.image_.webp" alt="" width="800" height="800" srcset="https://sygnusgroup.com/wp-content/uploads/2026/07/6a669963a3773.image_.webp 800w, https://sygnusgroup.com/wp-content/uploads/2026/07/6a669963a3773.image_-300x300.webp 300w, https://sygnusgroup.com/wp-content/uploads/2026/07/6a669963a3773.image_-150x150.webp 150w, https://sygnusgroup.com/wp-content/uploads/2026/07/6a669963a3773.image_-768x768.webp 768w, https://sygnusgroup.com/wp-content/uploads/2026/07/6a669963a3773.image_-440x440.webp 440w, https://sygnusgroup.com/wp-content/uploads/2026/07/6a669963a3773.image_-120x120.webp 120w" sizes="(max-width: 800px) 100vw, 800px" /></span></p>
<p style="text-align: center;"><span style="color: #999999;"><em>Gregory Hines</em></span></p>
<p>&nbsp;</p>
<p>Alternative investment firm {/span}Sygnus Investment Bahamas Inc. (SIB) has launched a new receivables purchase platform aimed at helping Bahamian businesses unlock cash tied up in unpaid invoices, backed by institutional funding of up to $10 million from IDB Invest and additional capital from the Sygnus Group, a statement from Sygnus revealed.</p>
<p>The statement explains that the platform will initially target approved government suppliers and contractors with verified receivables linked to public-sector and infrastructure projects, before expanding to a broader range of government suppliers, small and medium-sized enterprises (SMEs) and private sector counterparties.</p>
<p>Sygnus said SMEs account for approximately 98 percent of business licenses in The Bahamas and employ about 47 percent of the workforce, making access to working capital critical to the sector.</p>
<p>The receivables purchase platform is expected to serve businesses operating in construction, infrastructure, tourism, hospitality, manufacturing, information and communications technology, utilities and other service industries.</p>
<p>The company said the platform will initially be rolled out through a controlled pilot before evolving into a technology-enabled system featuring digital onboarding, invoice submission, verification and payment processing.</p>
<p>Sygnus and IDB Invest will also collaborate on market studies to identify sectors and businesses with the greatest working capital needs, including women-led businesses and other high-impact SME categories.</p>
<p>The initiative also seeks to deepen The Bahamas’ financial markets by creating an avenue through which institutional capital can be invested in receivables-backed assets linked to real economic activity.</p>
<p>“At its core, this platform is about helping Bahamian businesses convert earned receivables into liquidity faster and more predictably,” Hines said.</p>
<p>“Our focus is on building a disciplined and transparent platform that gives all stakeholders confidence in how receivables are verified, purchased and settled.”</p>
<p>The Bahamas was selected as the first market for the initiative because of opportunities associated with the government’s infrastructure program and the country’s active private sector, Sygnus said, adding that it intends to evaluate expansion across the wider Caribbean over time.</p>
<p>A $43 million government obligation related to infrastructure works carried out under a public-private partnership (PPP) arrangement became at point of contention between the government and the opposition, with Minister of Finance Michael Halkitis having to defend a similar kind of transaction as standard financial practice, while Free National Movement (FNM) Leader Michael Pintard is questioning why the arrangement was structured in the way it was.</p>
<p>The issue stemmed from contractors involved in infrastructure projects selling receivables owed by the government to the African Export-Import Bank (Afreximbank) through a factoring arrangement.</p>
<p>&nbsp;</p>
<p><a href="https://www.thenassauguardian.com/business/sygnus-launches-receivables-purchase-platform/article_a8aef963-5c41-4ccc-ab7f-9cc35bc18281.html">Sygnus launches receivables purchase platform | Business | thenassauguardian.com</a></p>
<p>&nbsp;</p>
<p></p><p>The post <a href="https://sygnusgroup.com/sygnus-launches-receivables-purchase-platform/">Sygnus launches receivables purchase platform</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>SYGNUS INVESTMENT BAHAMAS INC. COMMENCE PHASED ROLL-OUT OF  RECEIVABLES PURCHASE PLATFORM SUPPORTED BY UP TO US$10 MILLION FACILITY FINANCED BY IDB INVEST</title>
		<link>https://sygnusgroup.com/sygnus-investment-bahamas-inc-commence-phased-roll-out-of-receivables-purchase-platform-supported-by-up-to-us10-million-facility-financed-by-idb-invest/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Fri, 24 Jul 2026 21:06:11 +0000</pubDate>
				<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[SCL]]></category>
		<category><![CDATA[Preference Share Offer]]></category>
		<category><![CDATA[SCI]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8826</guid>

					<description><![CDATA[<p>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.</p>
<p>The post <a href="https://sygnusgroup.com/sygnus-investment-bahamas-inc-commence-phased-roll-out-of-receivables-purchase-platform-supported-by-up-to-us10-million-facility-financed-by-idb-invest/">SYGNUS INVESTMENT BAHAMAS INC. COMMENCE PHASED ROLL-OUT OF  RECEIVABLES PURCHASE PLATFORM SUPPORTED BY UP TO US$10 MILLION FACILITY FINANCED BY IDB INVEST</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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			<p>FOR IMMEDIATE RELEASE</p>
<p>PRESS RELEASE</p>
<p>JUNE 24, 2026</p>
<h1 class="title" style="text-align: center;">Sygnus deepens Bahamas presence with IDB Invest facility</h1>
<p><strong><em><span>(Nassau, The Bahamas / Kingston, Jamaica)</span></em></strong><span> &#8211; Sygnus Investment Bahamas Inc. (“SIB”), a member of the Sygnus Capital Group, and has commenced the phased rollout of a receivables purchase platform designed to help eligible Bahamian businesses convert approved unpaid invoices into timely liquidity, through a facility financed by IDB Invest, the private sector arm of the Inter-American Development Bank Group.</span></p>
<p><span>The platform is supported by institutional capital from IDB Invest and Sygnus, including a loan facility of up to US$10 million from IDB Invest to SIB and an initial equity investment by Sygnus Credit Investments Limited of approximately US$1 million, with capacity to scale up to US$5 million over time.</span></p>
<p><span>The funding is expected to be used by SIB to purchase eligible receivables from approved suppliers in The Bahamas, initially focusing on eligible suppliers and contractors with verified receivables linked to public-sector and infrastructure-related projects, before scaling to a broader base of eligible Government suppliers, SMEs, and suppliers to private sector counterparties. The phased rollout, future scaling, and any expansion of the platform will remain subject to internal approvals, regulatory considerations, and market conditions.</span></p>
<p><span>SMEs play a central role in The Bahamas’ economy, accounting for approximately 98% of business licenses and about 47% of total employment. The platform is therefore intended to support a critical segment of the business community by improving access to liquidity tied up in unpaid invoices.</span></p>
<p>The rollout of the programme represents a key step in Sygnus’ strategy to strengthen its presence in The Bahamas and help eligible suppliers access liquidity from unpaid invoices more efficiently. It builds on Sygnus’ regional track record of mobilizing capital for public and private sector projects across the Caribbean, including infrastructure and development initiatives in The Bahamas.</p>
<p><span><br />
<em>“This partnership represents an important step in our strategy to deepen Sygnus’ presence in The Bahamas while delivering a practical solution to a real business challenge,”</em> said Gregory Hines, Vice President, Asset Backed Investment &amp; Projects, Sygnus Capital Limited. <em>“Through Sygnus Investment Bahamas Inc., we are creating a platform that will help eligible suppliers convert unpaid invoices into timely liquidity, allowing them to better manage cash flow, execute contracts, support employment, and reinvest in their businesses.”</em></span></p>
<p>The solution is being designed to purchase eligible short-term trade receivables from suppliers operating across key sectors, including construction and infrastructure, tourism and hospitality, manufacturing, information and communications technology, utilities, and other service-based</p>
<p><span>industries. As the phased rollout progresses, the solution is expected to help eligible suppliers better manage cash flow, meet operating obligations, execute new contracts, strengthen supply chains, and reinvest in growth.</span></p>
<p><strong><span>Technical Cooperation and Responsible Rollout<br />
</span></strong><span>The partnership also includes a technical cooperation component under which Sygnus and IDB Invest will collaborate on market studies to identify priority sectors, supplier segments, and areas of unmet working capital need in The Bahamas, including women-led businesses and other high-impact SME categories. These studies will help inform the phased rollout of the platform and identify areas where receivables purchase solutions can have the greatest developmental impact.</span></p>
<p><span>The platform is also expected to contribute to the development of The Bahamas’ financial market by creating a disciplined channel through which institutional capital, including potential domestic institutional participation over time, can be mobilised into short-term receivables-backed assets linked to real economic activity. Subject to applicable approvals,the platform may support the responsible development of receivables-backed funding channels linked to real economic activity.</span></p>
<p><span>In addition to its equity investment, Sygnus Credit Investments Limited will provide credit support as guarantor for the IDB Invest facility, reinforcing alignment between IDB Invest and Sygnus as the platform is rolled out.</span></p>
<p><em><span>“At its core, this platform is about helping Bahamian businesses convert earned receivables into liquidity faster and more predictably,”</span></em><span> Hines said. <em>“Our focus is on building a disciplined and transparent platform that gives all stakeholders confidence in how receivables are verified, purchased, and settled.”</em></span></p>
<p><span>The Bahamas was selected as the first market for this solution because of the clear opportunity to support suppliers involved in the Government’s infrastructure delivery programme and the country’s robust private sector activity. Over time, Sygnus expects to evaluate opportunities to roll out the model across the wider Caribbean, subject to market demand, local partnerships, and applicable regulatory approvals.</span></p>
<p><strong><span>Building a Scalable, Technology-Enabled Platform<br />
</span></strong><span>SIB plans to roll out the platform in phases, beginning with a controlled pilot before scaling into a broader technology-enabled receivables purchase platform across The Bahamas. Over time, the platform is expected to support digital onboarding, invoice submission, verification workflows, and streamlined processing for eligible suppliers.</span></p>
<p><span>As the platform expands, SIB intends to work with local professionals, business organisations, suppliers, and counterparties to support education, adoption, and responsible market development.</span></p>

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<p><strong><u>About Sygnus </u></strong><strong><br />
</strong>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</p>
<p>&nbsp;</p>

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</div><p>The post <a href="https://sygnusgroup.com/sygnus-investment-bahamas-inc-commence-phased-roll-out-of-receivables-purchase-platform-supported-by-up-to-us10-million-facility-financed-by-idb-invest/">SYGNUS INVESTMENT BAHAMAS INC. COMMENCE PHASED ROLL-OUT OF  RECEIVABLES PURCHASE PLATFORM SUPPORTED BY UP TO US$10 MILLION FACILITY FINANCED BY IDB INVEST</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>Lakespen drives profit at Sygnus</title>
		<link>https://sygnusgroup.com/lakespen-drives-profit-at-sygnus/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Sat, 18 Jul 2026 16:41:56 +0000</pubDate>
				<category><![CDATA[In the Media]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8822</guid>

					<description><![CDATA[<p>Lakespen drives profit at Sygnus &#160; &#160; The real estate development firm Sygnus Real Estate Finance Limited (SRF) has reclassified and revalued assets at its Lakespen Industrial Park during its latest quarter, resulting in a 193 per cent rise in profit to $444.3 million. “Lakespen development had a favorable gain of $806.9 million recorded during [&#8230;]</p>
<p>The post <a href="https://sygnusgroup.com/lakespen-drives-profit-at-sygnus/">Lakespen drives profit at Sygnus</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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<h1 class="article--title jg:m-0">Lakespen drives profit at Sygnus</h1>
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<p><b><img decoding="async" class="aligncenter" src="https://jamaica-gleaner.com/sites/default/files/styles/hero_l_scaled/public/media/2026/07/19/8499866.jpg?itok=JJA82uQ0" /></b></p>
<p>&nbsp;</p>
<p><span>The real estate development firm Sygnus Real Estate Finance Limited (SRF) has reclassified and revalued assets at its Lakespen Industrial Park during its latest quarter, resulting in a 193 per cent rise in profit to $444.3 million.</span><br /><span></span></p>
<p><span>“Lakespen development had a favorable gain of $806.9 million recorded during the period,” Chief Investment Officer Jason Morris told shareholders during the company’s earnings briefing.</span><br /><span>During the quarter, the company reclassified $5.0 billion worth of land and infrastructure costs related to the Lakespen development at Cowpark, Caymanas Estate, as the project transitioned from investment property to active development.</span><br /><span></span></p>
<p><span>“This represents parcels of land currently being developed as saleable lots situated at Bernard Lodge, St. Catherine. Construction commenced in March 2026, and development in progress costs consist of expenditure directly attributable to the development,” the company stated in its latest quarterly filings.</span><br /><span></span></p>
<p><span>The one-off revaluation gain on the Lakespen lands was higher than the profit earned in the quarter. SRF reported net profit of $444.3 million for the quarter ended May 31, 2026, compared with $151.7 million in the corresponding period last year, according to unaudited financial statements released on July 15.</span><br /><span></span></p>
<p><span>He explained that the gain arose after construction commenced on the development in St. Catherine. The $806.9 million gain appears in the financial statements as a change in fair value of investment properties, which brought the investment property portfolio to $6.73 billion at the end of the reporting period, down from $10.73 billion at the start of the period following the $4.86 billion transfer to development in progress.</span><br /><span></span></p>
<p><span>The executive added that investors should not expect similar gains to recur related to that property.</span><br /><span>“This value won’t change until we are exiting at the end of the project,” Morris said. “So there won’t be any more favorable gains coming through due to the change in the accounting treatment for Lakespen. I want to highlight that.”</span><br /><span></span></p>
<p><span>The earnings call also reinforced what Morris has repeatedly described as the “lumpiness” of SRF’s results. Because the company invests in and develops large-scale real estate assets whose values are often reassessed periodically, profits can fluctuate significantly from quarter to quarter.</span><br /><span>“Typically, due to SRF’s long-term nature,” Morris said, “what we would have is a quarter of the financial year being negative and the year-end being positive on the valuation.” He noted that this quarter’s results were unusual because a major valuation event occurred during the third quarter rather than at year-end.</span><br /><span></span></p>
<p><span>The future pace of reported earnings from Lakespen will therefore depend less on valuation gains and more on the execution of lot sales and project exits.</span><br /><span>Early demand for the industrial park appears encouraging.</span><br /><span></span></p>
<p><span>Jonnell Whervin, SRF’s senior development project manager, said the sales process has already generated meaningful market interest.</span><br /><span>“We have 55 acres with 34 lots available, ranging from 0.8 acres to 3 acres. And, as mentioned, the sales process is currently underway. We’re between reservations and under-offers, we’re approximately at 33 per cent,” Whervin told shareholders.</span><br /><span></span></p>
<p><span>Whervin said Lakespen has been designed with resilience and security as key selling points. The development will feature underground electrical infrastructure aimed at reducing storm-related disruptions, as well as perimeter security measures including an eight-foot boundary wall and armed-response capabilities. </span><span>She also highlighted progress on other SRF assets.</span><br /><span>At Mammee Bay in St. Ann, a beachfront property located along the island’s tourism corridor, SRF is conducting due diligence and planning work aimed at unlocking value from the site. The property is situated near several major hotel developments.</span><br /><span></span></p>
<p><span>Meanwhile, at the beachfront Delphin property in Trelawny, management is continuing planning and due diligence efforts as it evaluates development opportunities. The site is located near major resort properties and close to Sangster International Airport.</span><br /><span></span></p>
<p><span>Whervin also reported steady progress at One Belmont, SRF’s commercial development. A third tenant has begun moving into the property, with occupancy activity expected to increase over the coming weeks.</span><br /><span></span></p>
<p><span>Looking ahead, investors are likely to focus on whether SRF can convert interest in Lakespen into completed sales and cash realizations. While the quarter benefited from a substantial one-off valuation uplift, management’s message was clear: future performance will be driven by project execution, successful exits, and the company’s ability to crystallize value across its portfolio rather than by further accounting gains from Lakespen.</span></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><a href="https://jamaica-gleaner.com/article/business/20260719/lakespen-drives-profit-sygnus">https://jamaica-gleaner.com/article/business/20260719/lakespen-drives-profit-sygnus</a></p>
<p></p><p>The post <a href="https://sygnusgroup.com/lakespen-drives-profit-at-sygnus/">Lakespen drives profit at Sygnus</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>Sygnus eyes US$25-m raise</title>
		<link>https://sygnusgroup.com/https-www-jamaicaobserver-com-2026-07-03-sygnus-eyes-us25-m-raise/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Wed, 08 Jul 2026 15:22:25 +0000</pubDate>
				<category><![CDATA[In the Media]]></category>
		<guid isPermaLink="false">https://sygnusgroup.com/?p=8782</guid>

					<description><![CDATA[<p>Sygnus eyes US$25-m raise &#160; Sygnus Credit is set to raise US$25 million very shortly to support its expansion plans. &#160; Sygnus Credit Investments Limited (SCI) is moving to raise US$25 million ($3.90 billion), through a preference share issue as it seeks additional capital for its growing deal pipeline. The planned raise was disclosed in [&#8230;]</p>
<p>The post <a href="https://sygnusgroup.com/https-www-jamaicaobserver-com-2026-07-03-sygnus-eyes-us25-m-raise/">Sygnus eyes US$25-m raise</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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<h1 class="title">Sygnus eyes US$25-m raise</h1>
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<p><b><img decoding="async" class="size-full wp-image-8783 aligncenter" src="https://sygnusgroup.com/wp-content/uploads/2026/07/building.webp" alt="" width="538" height="674" srcset="https://sygnusgroup.com/wp-content/uploads/2026/07/building.webp 538w, https://sygnusgroup.com/wp-content/uploads/2026/07/building-239x300.webp 239w" sizes="(max-width: 538px) 100vw, 538px" /></b></p>
<p style="text-align: center;"><em><span style="color: #999999;">Sygnus Credit is set to raise US$25 million very shortly to support its expansion plans.</span></em></p>
<p>&nbsp;</p>
<p><strong>Sygnus Credit Investments Limited (SCI) is moving to raise US$25 million ($3.90 billion), through a preference share issue as it seeks additional capital for its growing deal pipeline.</strong></p>
<p>The planned raise was disclosed in the latest report from Caribbean Information and Credit Rating Services Limited (CariCRIS), which reaffirmed SCI’s CariBBB- and jmBBB+ credit ratings.</p>
<p>The private credit firm has been actively pursuing additional sources of capital to fund demand from its client pool of medium sized companies.</p>
<p>“To support its FY2027 pipeline, SCI is negotiating new revolving credit facilities of approximately US$50 million with international financing partners, alongside an additional US$25 million preference share issuance targeted for completion in Q1 FY2027,” CariCRIS stated.</p>
<p>SCI provides private credit to medium sized companies through instruments such as short- to medium-term debt, receivables refinancing, and commodity or sales repurchase agreements. Its earnings depend partly on how quickly it can raise capital and redeploy that capital into higher-yielding investments.</p>
<p>SCI raised US$32.97 million in December 2024 via two classes of perpetual preference shares and a net amount of US$48.99 million in December 2023 via three classes of redeemable preference shares. Both of those issuances were done via public offerings. The company extended the class C and D preference shares in December 2025 by three years and reduced its annual financing costs by at least US$148,398. SCI’s class E preference share (8.50 per cent US$) is set to mature in December 2026 at US$10 per share with a face value of US$23.22 million.</p>
<p>SCI is currently expected to tap a US$10 million credit facility from World Business Capital in the July to September quarter. This facility was delayed after the change in the US administrative leadership in January 2025. This is on top of the company seeking to engage other international financing partners for up to US$100 million in revolving credit lines.</p>
<p>“We are working on another term sheet and advancing that with another international financing partner. So, we are basically having a very diversified financing plan where we are tapping multiple sources all at the same time,” said Sygnus Capital co-founder Jason Morris at SCI’s May 19 earnings call.</p>
<p>SCI’s ability to access capital and ability to deploy it quickly enough impacts its overall earnings profile. Morris noted that SCI had received US$20 million in repayments during the company’s nine-month earnings period, but that the deployment of those funds was slower than expected. The slower reinvestment of SCI’s capital and a US$1.24 million one-time adjustment were responsible for an eight per cent dip in interest income to US$13.90 million for the nine-month period ending March 31.</p>
<p>“This delay was largely attributable to the adverse impact of Hurricane Melissa in October 2025, which disrupted communications and third-party legal and professional services required to close transactions. As a result, cash increased significantly, and management noted that the funds were subsequently redeployed during Q3 FY2026,” CariCRIS explained in its recent report.</p>
<p>With SCI’s growth profile falling below CariCRIS’ target, the regional ratings agency changed SCI’s outlook from positive to stable. The change to a stable outlook does not signal an expected deterioration in SCI’s performance. Rather, it indicates that growth is now expected to be slower than CariCRIS had previously anticipated.</p>
<p>Despite the reduced earnings profile in SCI’s most recent financial report, Morris is confident of the opportunities ahead for SCI in Jamaica where the company is seeing most of the demand from its US$30 million in approved deals. SCI noted that US$20.23 million of its Jamaican investments were affected by Hurricane Melissa, but this represented 11.1 per cent of the Jamaican portfolio and just 6.8 per cent of the combined SCI portfolio.</p>
<p>“I think for the next two to three years there will just be a lot of Jamaican opportunities ranging from companies who are taking advantage of new emerging opportunities that would have arisen based on just the state and nature of what would have come out of Hurricane Melissa,” Morris noted.</p>
<p>CariCRIS even pointed out that the recent rate cut by the Bank of Jamaica should benefit SCI’s fixed-income asset repricing and overall spread. It stated, “In CariCRIS’ view, the anticipated improvement in economic conditions in Jamaica, alongside the lower policy rate, should support SCI’s performance through stronger outcomes among its portfolio companies and a lower cost of funding.”</p>
<p>SCI’s net profit for the nine-month period was down 30 per cent from US$6.97 million to US$4.85 million due to increased loss provisions from companies affected by Hurricane Melissa, lower interest income and fair value gains from its Puerto Rican investment. SCI received US$1.83 million in dividends from its investment Sygnus Credit Investments Puerto Rico Fund LLC.</p>
<p>SCI’s total assets were up 10 per cent to US$242.83 million with US$226.69 million in investments and US$2.02 million in cash. Total liabilities and equity were US$166.81 million and US$76.02 million, respectively.</p>
<p>SCI’s Jamaican dollar shares closed Thursday at $9.92 which leaves it down 16 per cent year-to-date (YTD). The United States dollar shares are down nine per cent YTD at US$0.0598.</p>
<p>The company’s US$9-million share buyback programme ended in June 2026 after SCI repurchased US$829,726 in shares over the period. Morris indicated that the programme is likely to be renewed, but said the company will continue to weigh buybacks against other uses of capital.</p>
<p>“Obviously, we have not done any buyback so far, but the buyback programme still remains intact. The programme is not going anywhere. It’s just a matter of what’s the best use of the capital,” Morris said.</p>
<p>&nbsp;</p>
<p><a href="https://www.jamaicaobserver.com/2026/07/03/sygnus-eyes-us25-m-raise/">https://www.jamaicaobserver.com/2026/07/03/sygnus-eyes-us25-m-raise/</a></p>
<p>&nbsp;</p>
<p></p><p>The post <a href="https://sygnusgroup.com/https-www-jamaicaobserver-com-2026-07-03-sygnus-eyes-us25-m-raise/">Sygnus eyes US$25-m raise</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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		<title>Sygnus Olympics 2026</title>
		<link>https://sygnusgroup.com/sygnus-olympics-2026/</link>
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		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Fri, 03 Jul 2026 15:48:06 +0000</pubDate>
				<category><![CDATA[Events]]></category>
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					<description><![CDATA[<p>The Sygnus team enjoyed a day of fun and competition on August 23, 2024, at Hope Gardens for the third staging of the Sygnus Olympics.</p>
<p>The post <a href="https://sygnusgroup.com/sygnus-olympics-2026/">Sygnus Olympics 2026</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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			<div><span>Event: Sygnus Olympics 2026<br />
Date: July 3, 2026<br />
Location: Hope Gardens, Kingston</span></div>
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<div><span>Sygnus Sports Day 2026 brought our team together for a day of energy, camaraderie, and healthy competition. Through a series of races and team challenges, colleagues demonstrated resilience, teamwork, and an unwavering drive to succeed. The event embodied the vibrant culture that defines Sygnus, fostering stronger connections, celebrating collective achievements, and creating memorable experiences both on and off the field.</span></div>

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</div><p>The post <a href="https://sygnusgroup.com/sygnus-olympics-2026/">Sygnus Olympics 2026</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
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		<title>Guyana to benefit from US$15M IFC investment in CARICOM Resilience Fund</title>
		<link>https://sygnusgroup.com/https-guyanachronicle-com-2026-07-03-guyana-to-benefit-from-us15m-ifc-investment-in-caricom-resilience-fund/</link>
		
		<dc:creator><![CDATA[dean.knight]]></dc:creator>
		<pubDate>Fri, 03 Jul 2026 15:27:40 +0000</pubDate>
				<category><![CDATA[In the Media]]></category>
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					<description><![CDATA[<p>Guyana to benefit from US$15M IFC investment in CARICOM Resilience Fund &#160; The investment, the 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 infrastructual investments, that drive economic growth and job creation across the region. Established to mobilise [&#8230;]</p>
<p>The post <a href="https://sygnusgroup.com/https-guyanachronicle-com-2026-07-03-guyana-to-benefit-from-us15m-ifc-investment-in-caricom-resilience-fund/">Guyana to benefit from US$15M IFC investment in CARICOM Resilience Fund</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></description>
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<h1 class="title"><span>Guyana to benefit from US$15M IFC investment in CARICOM Resilience Fund</span></h1>
<p class="wp-block-paragraph">&nbsp;</p>
<p><b><img decoding="async" class="aligncenter" src="https://guyanachronicle.com/wp-content/uploads/2026/07/IFC-1.png" /></b></p>
<p>The investment, the 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 infrastructual investments, that drive economic growth and job creation across the region.</p>
<p>Established to mobilise 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.</p>
<p>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.</p>
<p>“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.”</p>
<p>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.</p>
<p>“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.”</p>
<p>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.</p>
<p>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 investments is therefore critical to helping countries and businesses prepare for, withstand and recover from future shocks.</p>
<p>This initiative aligns with the World Bank Group’s Small States Strategy, which focuses on strengthening resilience, expanding economic opportunities, and mobilising private capital in small and vulnerable economies. It also supports broader regional efforts to advance sustainable development and build stronger, more resilient Caribbean economies.</p>
<p>IFC will invest up to US$15 million in the CCRF Debt Sub-Fund, which is targetting 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 towards resilience and sustainability projects across the Caribbean.</p>
<p>The IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. The  IFC works in more than 100 countries, using its capital, expertise, and influence to create markets and opportunities in developing countries.</p>
<p>In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private-sector solutions, and mobilising private capital to create a world free of poverty on a livable planet.</p>
<p>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.</p>
<p>The cutting-edge alternative investment (AI) platform is fuelled 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.</p>
<p>&nbsp;</p>
<p><a href="https://guyanachronicle.com/2026/07/03/guyana-to-benefit-from-us15m-ifc-investment-in-caricom-resilience-fund/">https://guyanachronicle.com/2026/07/03/guyana-to-benefit-from-us15m-ifc-investment-in-caricom-resilience-fund/</a></p>
<p>&nbsp;</p>
<p></p><p>The post <a href="https://sygnusgroup.com/https-guyanachronicle-com-2026-07-03-guyana-to-benefit-from-us15m-ifc-investment-in-caricom-resilience-fund/">Guyana to benefit from US$15M IFC investment in CARICOM Resilience Fund</a> first appeared on <a href="https://sygnusgroup.com">Sygnus Group</a>.</p>]]></content:encoded>
					
		
		
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