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Sydvestor AS. Asset Management – Private Equity – Project Finance - Corporate Finance June 2011. Sydvestor AS. SECURITIES & BONDS Invests in securities in listed companies and in bonds. Investment criteria: Solidity Cash flow Profitability Growth Market share Share pricing
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Sydvestor AS Asset Management – Private Equity – Project Finance - Corporate Finance June 2011 Corporate Presentation - Sydvestor AS
Sydvestor AS • SECURITIES & BONDS • Invests in securities in listed companies and in bonds. • Investment criteria: • Solidity • Cash flow • Profitability • Growth • Market share • Share pricing • Leadership EQUITY INVESTMENTS Equity investments in corporations in the region of M&R/Norway. Long-term investment horizon. INVESTMENT INPROJECTS Syndication, debt placement and management of shipping and real estate project. • FINANCIAL ADVISORY SERVICES INCL.: • Corporate and business valuations- Private placements • M&A • Public offering • Dept placement • - Mergers and acquisitions- Divestments • - Financial restructuring Corporate Presentation - Sydvestor AS
Location Sydvestor is located in Ulsteinvik which is a shipping and maritime industry area in the Møre county, Norway. Vigra Airport, Ålesund 1 hour 15 minuttes from Ulsteinvik. Combined with the high speed craft roundtrip Hareid – Valderøy. Hovden Airport, Ørsta 30 minutes drive from Ulsteinvik. The airport is operating all Viderø-flights, 1 hour flight from Oslo. Corporate Presentation - Sydvestor AS
Sydvestor was incorporated in 1998 Sydvestor is an investment bank headquartered in Ulsteinvik, Norway, licensed and supervised by the Norwegian Financial Supervisory Authority ("Finanstilsynet") Our services are marketed towards the private as well as public sector. Focus areas are all regional businesses and the international shipping and maritime industry Approx. MNOK 1000 invested capital (including funds) Sydvestor AS is owned by partners and regional investors/clients (60/40) 5 employees per January 2011 Experienced Professionals Sydvestor AS Sydvestor AS is an Investment Bank with a dedicated team offering a wide range of services that creates excess returns for our clients through strong focus on single markets, industries and companies. Our services involve individual and personal attention. Corporate Presentation - Sydvestor AS
Sydvestor Asset Management Sydvestor Asset Management is and independent business within Sydvestor AS offering investments in securities and bonds Asset Management is a licensed services where the clients gives Sydvestor authority to invest in securities and bonds through a standardized instruction agreement. The clients will be the owner of the securities through a separate security account. A wealth management agreement must be of no less than MNOK 5. • Our services are marketed towards businesses in the private and public sector, pension funds, foundations and wealthy individuals and companies • We focus our investments in listed companies selected out of fundamental analysis. Investment criteria are financial strength, cash flow, earnings, growth, market position, stock price and management • We are switching focus to bonds when the ratio between profit and risk in stocks is not attractive • Our investments are proven to give higher return compared to the stock index on OSE • High performance is secured through allocation and stock picking Corporate Presentation - Sydvestor AS
Sydvestor Private Equity Sydvestor Private Equity is a business within Sydvestor AS managing Investment Funds Sydvestor Vekst AS (Closed ) – 8 years performance – 20% p.a. Møre og Romsdal Såkornfond AS • Is an Investment Fund aiming to create value for its investors through active ownership in small and medium-sized companies and innovative projects located in the county of Møre og Romsdal • The fund was established in 2007 • Capital base of MNOK 165 Sydvestorexercises active ownership through board representation. Corporate Presentation - Sydvestor AS
Sydvestor Corporate Finance Sydvestor Corporate Finance is a business within Sydvestor AS with a dedicated team of 3 professionals with extensive industry and transaction experience from offshore, shipping, industry, tourism, banking and consulting. Our core areas are offshore shipping, maritime industries and real estate. Equity Capital Markets (ECM): • We offer financial advice in all types of equity transactions; • Private placement, • M&A • Public offering and listing (IPO`s) Debt Capital Markets (DCM): • We offer consultancy in establishing an optimal capital structure, including restructuring of debt, debt options and opportunities and creative financial solutions Mergers, acquisitions, divestments, restructuring and joint ventures (M & A): • We know the Norwegian business environment and the international business in our core areas and the players in this business and the needs they have Corporate Presentation - Sydvestor AS
Sydvestor Project Finance Sydvestor Project Finance is a business within Sydvestor AS which organize, facilitates and raise capital of shipping and real estate projects. Sydvestor`s services include syndication and project financing. Shiping Projects: • We arrange and syndicate shipping projects • Sydvestor Shipinvest AS is an investment company which takes controlling positions in ship projects (portefolio) : MV Havila Troll MV Seacor Grant Real Estate Projects: • We structure and facilitate real estate projects and offers direct investment in the SPC `s Havblik AS Finanseiendommen KS ”Havila Troll” ”Havblikk” ”Seacor Grant” ”Finanseiendommen” Sydvestor take management of investment companies (SPC`s) within real estate and offshore shipping projects. Business involves the responsibility of the owner companies' daily operations, including accounting and reporting. Corporate Presentation - Sydvestor AS
The Møre Maritime Cluster Due to its leading position and its strong global presence, the cluster was awarded the prestigious status as Norwegian Centre of Expertise – Maritime by the Norwegian government. The main reason is - the cluster’s winning mix of high pace of innovation, prototype orientation, competition, informal communication, cooperation, and unique know-how within the field of advanced marine operations for the global offshore industry.
The Møre Maritime Cluster – A Global Ship Solution Provider Norway is home for a tiny 0,1% of the world’s population, but controls over 5% of the world’s commercial fleet and has the second largest offshore fleet in the world. The Møre Maritime Clustercomprises: 14 Ship yards 15 Shipdesigneers/engineeringcompanies 17 ship-owningcompanies 155 shipequipment/materialsuppliers Employing 19000 employees Turnower NOK 50 billions (2009) Over 75% of the world’s large, hi-tech offshore vessels are designed by design-companies in the area. 40% of the world’s most advanced offshore fleet is controlled by the region’s ship-owners, and the shipyards are building the most complex and sophisticated vessels. Most of Norway’s strength in the field of advanced marine operations is concentrated within an hour’s drive from Ulsteinvik on the west coast of Norway. The region is home for an impressive constellation of over 200 leading maritime companies, training, research and finance institutions that form one of very few complete maritime clusters in the world. 450 OSV`s are operated by Norwegian shipowners, and 205 of those are from this region.
Partners/Employees FredeUldbæk (56), M. Econ - CBS – Man. PartnerPrivate Equity, Corporate Finance and Project Finance • Mr. Uldbæk is an experienced executive as CFO from Danish and Norwegian Industry. He is also experienced as a Director of Boards in corporations within the maritime industry, ship owning and ship operation of deep sea fishing and offshore service vessels, hotels and investment companies. • He was the founder of Sydvestor in 1998 SigvaldSkeide (43), M. Econ - NBS - Partner/Dir. Asset Management • Mr. Skeide is an experienced manager from companies in industry specializing in trade and finance. He was a manager of finance from the Ulstein Group before he join Sydvestor AS in 2003. He has experience from board in industries. Steinar Kulen (57) - NBS - Partner/Dir.Corporate Finance, Project Finance and Private Equity • Mr. Kulen is an international experienced industry executive. He is an experienced CEO from the marine industry and he is an experienced international as well as Norwegian Director of Boards in corporation within the maritime industry, shipping, management consultancy, financing institutions, real estate and hotel and tourism. Jostein Sætrenes (46), M. Econ - NBS - Partner/Dir.Corporate Finance, Project Finance and Private Equity • Mr. Sætrenes is an experienced executive as CFO from companies within offshore shipping and finance, and as CEO from ship owning/ship operation and banks. He has extensive experience as a Director of Boards in shipping companies, ship yards, financing institutions in Norway and abroad. Vigdis GarnesOffice Manager • Experience from back office functions in major maritime players finance departments. Corporate Presentation - Sydvestor AS