{"id":29202,"date":"2021-01-07T22:34:42","date_gmt":"2021-01-08T02:34:42","guid":{"rendered":"https:\/\/www.carilec.org\/?p=29202"},"modified":"2021-01-07T22:34:42","modified_gmt":"2021-01-08T02:34:42","slug":"sovereign-pacifics-usd-500m-fund-for-the-caribbean-region","status":"publish","type":"post","link":"https:\/\/carilec.org\/sovereign-pacifics-usd-500m-fund-for-the-caribbean-region\/","title":{"rendered":"Sovereign Pacific&#8217;s USD $500M Fund for The Caribbean Region"},"content":{"rendered":"<div class=\"col-sm-10 col-sm-offset-1\">\n<p style=\"text-align: justify;\">Sovereign Pacific Capital Ltd.,\u00a0www.sovereignpacific.co, a\u00a0<span class=\"xn-location\">Singapore<\/span>\u00a0based wealth and asset management organization, partners with Possibility Group Ltd., a\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0value creation organization, to establish a USD\u00a0<span class=\"xn-money\">$500M<\/span>\u00a0Sovereign Pacific Fund for sustainable investments in\u00a0<span class=\"xn-location\">St. Kitts &amp; Nevis<\/span>\u00a0and the\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0region. Sovereign Pacific Fund will be administered and managed by Possibility Capital Inc.,\u00a0www.possibility.capital, a\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0wealth and asset management organization.<\/p>\n<\/div>\n<div class=\"col-sm-10 col-sm-offset-1\">\n<p style=\"text-align: justify;\">Sovereign Pacific Capital&#8217;s focus includes Financial Services, Real Estate, Healthcare, Renewable Energy, Hotels &amp; Resorts, Manufacturing and Agriculture.<\/p>\n<p style=\"text-align: justify;\">Sovereign Pacific Capital&#8217;s Chairman,\u00a0<span class=\"xn-person\">Umashanker Mishra<\/span>, is an Indian Canadian, Philanthropist, Attorney and Solicitor and Investment Banker. He is the Founder &amp; Chairman of Global Human Care Foundation, which is a private Canadian entity focused on charitable projects in\u00a0<span class=\"xn-location\">Asia<\/span>,\u00a0<span class=\"xn-location\">Africa<\/span>\u00a0and the\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0region.<\/p>\n<p style=\"text-align: justify;\">Possibility Group,\u00a0www.possibility.capital, is a leading value creation organization in\u00a0<span class=\"xn-location\">Asia<\/span>,\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0and\u00a0<span class=\"xn-location\">North America<\/span>. Possibility creates, develops and manages sustainable business for stakeholders based on a life cycle engineered, performance driven, partnerships = possibilities system.<\/p>\n<p style=\"text-align: justify;\">Possibility&#8217;s\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0business includes Real Estate Development, Renewable Energy, Asset Management, Possibility Capital, Investment Management, Sustainable Manufacturing, Proprietary Agriculture and Medical Healthcare.<\/p>\n<p style=\"text-align: justify;\">Possibility Group&#8217;s President &amp; CEO,\u00a0<span class=\"xn-person\">Leslie Thomas<\/span>, P. Eng., is a Caribbean Canadian, born in\u00a0<span class=\"xn-location\">St. Kitts &amp; Nevis<\/span>, with a personal motivation to &#8220;give back&#8221; to Tabernacle,\u00a0<span class=\"xn-location\">St. Kitts &amp; Nevis<\/span>\u00a0and the\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0and to contribute in a &#8220;unique and lasting&#8221; way to the region through Possibility Group, Possibility Capital and Global Human Care Foundation.<\/p>\n<p style=\"text-align: justify;\">&#8220;We are very excited about our partnership with Sovereign Pacific Capital; Chairman,\u00a0<span class=\"xn-person\">Umashanker Mishra<\/span>\u00a0and Sovereign Pacific&#8217;s USD\u00a0<span class=\"xn-money\">$500M<\/span>\u00a0Fund, which will help to address a significant Barrier to Growth (access to Financing) in the Caribbean Region&#8221;.<\/p>\n<p style=\"text-align: justify;\">&#8220;Sustainable manufacturing in the\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0region and the production of high quality\u00a0<span class=\"xn-location\">Caribbean<\/span>\u00a0steel rebar and also environmentally friendly Insulated Concrete Forms (ICF), will help property owners, developers, resorts, hotels, governments, institutions and asset managers to reduce capital cost, energy cost and construction time, and significantly increase buildings strength (hurricane proof). Further benefits include developing new skills, trades, occupations, employment for Women in the construction industry and our Suncastle Resorts, Condos &amp; Commercial buildings will be constructed primarily by Caribbean Women (to the highest industry standards and without compromise in quality, safety, strength or finish), which will be innovative, revolutionary, unique and life changing&#8221;, said Mr. Thomas.<\/p>\n<p>Source: Cision PR Newswire (www.prnewswire.com)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sovereign Pacific Capital Ltd.,\u00a0www.sovereignpacific.co, a\u00a0Singapore\u00a0based wealth and asset management organization, partners with Possibility Group Ltd., a\u00a0Caribbean\u00a0value creation organization, to establish [&hellip;]<\/p>\n","protected":false},"author":165,"featured_media":29204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,3178],"tags":[1850,3435,3436,3437,3438],"class_list":["post-29202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-newsletter","tag-renewable-energy","tag-sovereign-pacific-capital","tag-st-kitts-nevis","tag-sustainable-manufacturing","tag-wealth-management"],"acf":[],"aioseo_notices":[],"featured_image":"https:\/\/carilec.org\/wp-content\/uploads\/2021\/01\/beach-landscape-sea-coast-water-nature-1058694-pxhere.com_-e1610073242115.jpg","month_date":"Jan","day_date":"7","_links":{"self":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts\/29202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/users\/165"}],"replies":[{"embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/comments?post=29202"}],"version-history":[{"count":0,"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts\/29202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/media\/29204"}],"wp:attachment":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/media?parent=29202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/categories?post=29202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/tags?post=29202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}