Business
JAM | Oct 3, 2023

Barita Investments secures J$119b in capital for diverse clientele in just five years

/ Our Today

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Barita Investments Limited has demonstrated exceptional expertise in raising as much as J$119 billion in capital for its clientele, which spans local, regional, and international markets.

These clients encompass early-stage start-ups, mid-sized enterprises, and some of the most influential corporations and financial players within the region.

This remarkable achievement has been realised within a span of five years, following the strategic acquisition by Cornerstone in 2018. The success of this endeavour can be primarily attributed to the profound expertise and extensive experience of Barita’s dedicated team, underpinned by a strong network of local, regional and international business relationships.

Senior vice-president, investment banking, Terise Kettle, who leads this accomplished team, emphasises their strong rapport with clients, who place trust in Barita’s ability to structure, and execute transactions that seamlessly align with their distinct financial objectives, one of which is democratizing wealth. Whether the need pertains to capital for growth, expansion, working capital, or any other business financial requirement, the Barita team consistently delivers optimal financial solutions, epitomising readiness to collaborate closely with clients to realize their strategic objectives.

To date, Barita Investments Limited has successfully raised over J$87 billion in debt capital across a spectrum of industries. These sectors encompass financial services, manufacturing, real estate, food services, wholesale and retail trade, gaming, technology, transportation, and distribution. In the equity capital markets, Barita has demonstrated its proficiency by securing over J$31 billion in private and public transactions. Of note, is the fact that public equity transactions alone have accounted for J$28.4 billion, spanning across the financial services, manufacturing & distribution, and technology sectors. Private equity transactions have amounted to J$3 billion, serving clients engaged in financial services, real estate services, and construction.

Ramon Small-Ferguson

‘Since 2018, our investment banking team has been focused on creating unique value through the capital markets by providing creative, fit-for-purpose solutions to our clients that have enabled their growth, even during uncertain economic periods,” declared Barita Investments Limited’s deputy CEO Ramon Small-Ferguson

Barita’s commendable track record extends to bond transactions, where the company has recorded over J$71 billion in transactions, an achievement during and in the aftermath of the COVID-19 era. Kettle underscores the team’s untiring commitment to finding optimal financial solutions for clients, expressing their knowledge of the market and ability to harness financial resources for the benefit of clients, which is reflected in the company’s growth. She also acknowledges the vital support provided by the Barita team of investment analysts, whose expertise plays a pivotal role in shaping the success of all business deals and transactions.

The company’s ability to secure equity transactions, totaling over J$28 billion, is another demonstration of the teams’ competence and know-how. Of that figure, J$24.32 billion was raised in equity capital for clients operating within the Financial Services sector. In the manufacturing and distribution sector, approximately J$4.07 billion was raised, while J$339 million was secured for clients operating in the technology sector.

Despite the challenges in the workplace, Barita Investments remains undaunted and continues to display excellence in the financial services arena, boasting a remarkable track record of raising substantial capital to fuel the growth and success of its diverse clientele. The company’s ability to navigate complex financial markets and its steady commitment to crafting bespoke solutions for clients exemplify its dedication to excellence. As it continues to flourish in the ever-evolving financial landscape, Barita remains proof to the profound impact of expertise, dedication, and a firm commitment to achieving client aspirations.

Terise Kettle

Terise Kettle declared: “‘In the spirit of true collaboration, our clients and Barita’s Investment Banking Teams have worked together to deliver to its existing investors and potential investors opportunities to allocate capital to dynamic companies operating in diverse industries operating locally, regionally and internationally. This speaks to the ethos of Barita Investments Limited and what it does to democratise wealth.’

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