Pelagic Partners declares dividend distribution

On July 22 2022, Pelagic Partners declared a dividend payout of $5.29 per investment unit to the investors of Pelagic Fund I.

This is in line with the annual 5% dividend payout strategy in place by the management to ensure a consistent cash stream to our investors. Due to strong operational performance, investors also captured an increase in NAV, the fourth registered semi-annual increase since launching in July 2020.

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Pelagic Partners attended Posidonia 2022

Pelagic Partners’ team and associates attended Posidonia which took place in Athens the previous week. Our team took part in various high – profile conferences and discussion panels related to the industry’s current challenges and opportunities that lay ahead. A well – attended reception hosted by International Maritime Industries (IMI) to promote the new King Salman Global Maritime Industries Complex was the highlight of our experience, as the reception introduced the upcoming Global Maritime Fund, our venture with IMI.

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Pelagic Partners launches its second compartment

H.M. Pelagic Partners RAIF V.C.I.C PLC announces the launch of its second compartment, under the name Pelagic Yield Fund. This comes after the successful launch of its first compartment, Pelagic Fund I, in the third quarter of 2020 with a current fleet of 8 vessels and 4x the initial planned AUM. Pelagic Yield Fund, as the name signifies, is structured in a way that is cash yield friendly, mostly by fixing the vessels on medium to long term charters over the compartment’s 5-year life duration.

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Pelagic Partners supports The Ocean Cleanup

Pelagic Partners – as per the name – is built on the foundation of partnership, albeit with our commercial partners, technical partners, and now, charity partner. Pelagic Partners is proud to announce its first of many donations to our new charity partner, The Ocean Cleanup – the largest ocean cleanup project in history.

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