Sydvestor AS
Asset Management – Private Equity – Project Finance - Corporate Finance
June 2011
18.03.2016
Corporate Presentation - Sydvestor AS
Sydvestor AS
Sydvestor
Investment Banking
Sydvestor
Asset Management
Sydvestor
Private Equity
SECURITIES & BONDS
EQUITY INVESTMENTS
INVESTMENT IN
PROJECTS
FINANCIAL ADVISORY
SERVICES INCL.:
Invests in securities in listed
companies and in bonds.
Investment criteria:
• Solidity
• Cash flow
• Profitability
• Growth
• Market share
• Share pricing
• Leadership
Equity investments in
corporations in the region of
M&R/Norway.
Long-term investment
horizon.
Syndication, debt
placement and
management of shipping
and real estate project.
- Corporate and business valuations
- Private placements
- M&A
- Public offering
- Dept placement
- Mergers and acquisitions
- Divestments
- Financial restructuring
18.03.2016
Corporate Presentation - Sydvestor AS
Sydvestor
Project Finance
Sydvestor
Corporate Finance
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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.
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Corporate Presentation - Sydvestor AS
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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")
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.
 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
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Corporate Presentation - Sydvestor AS
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Sydvestor Asset Management
Sydvestor Asset Management is and independent
business within Sydvestor AS offering investments in
securities and bonds
 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
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.
 High performance is secured through allocation
and stock picking
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Corporate Presentation - Sydvestor AS
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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
Sydvestor exercises active ownership through board representation.
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Corporate Presentation - Sydvestor AS
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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
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Corporate Presentation - Sydvestor AS
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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
”Havila Troll”
”Havblikk”
MV Seacor Grant
”Seacor Grant”
Real Estate Projects:
 We structure and facilitate real estate
projects and offers
direct investment in the SPC `s
Havblik AS
”Finanseiendommen”
Finanseiendommen KS
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.
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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 Cluster comprises:
14 Ship yards
15 Ship designeers/engineering companies
17 ship-owning companies
155 ship equipment/material suppliers
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 shipowners, 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.
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Partners/Employees
Frede Uldbæk (56), M. Econ - CBS – Man. Partner
Private Equity, Corporate Finance and Project Finance
Sigvald Skeide (43), M. Econ - NBS - Partner/Dir.
Asset Management
 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.
 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.
 He was the founder of Sydvestor in 1998
Steinar Kulen (57) - NBS - Partner/Dir.
Corporate Finance, Project Finance and Private Equity
Jostein Sætrenes (46), M. Econ - 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.
 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 Garnes
Office Manager
 Experience from back office functions in major
maritime players finance departments.
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Corporate Presentation - Sydvestor AS
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