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JAM | May 29, 2025

VM Wealth Management, Dequity Capital forge strategic partnership

/ Our Today

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(Left to right) Brian Frazer, feputy CEO, and Allison Mais, chief operating officer, both from VM Wealth Management Limited, share a photo opportunity with Kadeen Mairs, founder and CEO, and chairman Dr. Damien King, Chairman, both from Dequity Capital Management Limited.  They were participating in an official signing ceremony to mark a strategic partnership between both entities held on May 16, 2025. Under the agreement, VM Wealth will serve as Dequity’s financial advisory and brokerage partner, supporting future capital raises to fund the firm’s continued growth and investment in high-potential businesses. (Photo: Contributed)

VM Wealth Management Limited has formalised a strategic partnership with Jamaican private equity firm Dequity Capital Management Limited.

Under this agreement, VM Wealth will serve as Dequity’s financial advisory and brokerage partner, supporting future capital raises to fund the firm’s continued growth and investment in high-potential businesses.

The partnership leverages VM Wealth’s expertise in capital markets and financial structuring, alongside Dequity’s entrepreneurial focus on scaling companies in sectors such as financial services, healthcare, real estate, and technology.

Kadeen Mairs, founder and CEO of Dequity Capital Management, shared the strategic rationale behind the partnership:

“This partnership with VM Wealth is a major milestone for Dequity. In private equity, it’s important to continuously raise capital in the form of debt or equity, and we use that to invest in new ideas, new entrepreneurs and new businesses. Having VM Wealth as a financial advisor allows us to structure and access the right capital at the right time, and to better position our portfolio companies for long-term success.”

He further noted that at the heart of the partnership is a shared belief in the power of entrepreneurship to transform lives and economies. 

“Both of our organisations are aligned in a mission to identify and empower visionary entrepreneurs—providing not only capital, but also strategic guidance to scale innovative businesses that create value for investors and the wider society,” he said.

Dequity, which currently manages more than US$45 million in assets, has built a diverse portfolio that includes investments in Dolla Financial Services, Pinnacle Insurance Brokers, MDLink, Royale Medical, Johnston Development Group, and Winchester Medical and Surgical. The partnership with VM Wealth is expected to support both near-term capital needs and longer-term ambitions such as public listings and market expansion.

Romario Sterling, manager of capital markets at VM Wealth Management, emphasised the alignment between both entities’ visions:

Members of the VM Wealth Management Limited and Dequity Capital Management Limited teams sign copies of the agreement signalling a strategic partnership between the two entities on May 16, 2025.  Participating in the signing are (from left) Brian Frazer, deputy CEO, and Allison Mais, chief operating officer, both from VM Wealth Management Limited; Kadeen Mairs, founder and CEO, and chairman Dr. Damien King, both representing Dequity Capital Management Limited.  Sharing in the occasion in the back row are (from left) Romario Sterling, manager for capital markets at VM Wealth Management; Adam Harris, assistant vice president for strategic investments at the VM Group; Tifain Taylor, chief financial officer, and Vyktor Drum, chief legal officer, both from Dequity Capital Management Limited. (Photo: Contributed)

“Our role as financial advisors to Dequity aligns well with our private equity strategy. Dequity needs funding to grow and manage its portfolio, and we are happy to support with that. Our value proposition, and what we are passionate about, is providing capital to emerging businesses to unlock their full potential. That not only delivers solid returns for investors—it’s also good for the economy.”

“While VM is focused on generating returns, we are also big on nation-building. We believe emerging businesses, especially those operating in the private equity space, need all the help they can get to transform the country and the business landscape,” Sterling added.

The partnership marks a shared commitment to driving economic development and financial inclusion, as well as building a stronger pipeline of investable businesses, creating more opportunities for local ownership, and deepening the impact of private equity in the Caribbean.

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