Buss Capital raised approximately 100 million Euros in equity capital with closed-end container, real estate and ship funds, thus, more than doubling the issuing house’s placement volume from the previous year. A total of 3,700 investors participated in the seven funds issued by Buss Capital in 2010. In order to support this growth, Buss Capital increased its workforce by 30 percent.
“We were able to expand our market leadership in container funds, which were our bestsellers with approximately 75 million Euros in raised equity capital. Yet there was also strong demand for our real estate funds and shipping private placements”, says Marc Nagel, Head of Sales at Buss Capital.
In 2011 Buss Capital plans to issue additional funds in all three asset categories. The first ship investment fund is being prepared. The fund will invest in a 1,118 TEU container ship, which Buss Capital purchased at the end of 2009 at very favourable conditions. The fund will go on sale in February. “We will continue to invest only in markets that we consider promising based on Buss Group’s own operational expertise”, Managing Partner Dr. Johann Killinger explains regarding the company’s strategy. “We operate with long-term goals, rather than pursue short-term trends. That’s evident in our good performance record – and pays off in the end for us, as well as our investors.”
Press Material
• Press photos: Marc Nagel, www.buss-capital.de/pm_personen.html
• Pressebild MS „BC Singapore“: www.buss-capital.de/pm_schiffe.html
Info Buss Capital
Buss Capital is an issuing house for closed-end funds that focus on shipping, logistics and real estate. To date, Buss Capital has issued 22 public funds in which 25,000 investors have invested roughly 580 million Euros. The investment volume totals 1.7 million Euros. Buss Capital is the market leader in closed-end container funds. Buss funds administer approximately one million TEU container. Buss Capital is headquartered in Hamburg and has a subsidiary in Singapore. The issuing house is part of the Hamburg Buss Group founded in 1920 and is a member of VGF Verband geschlossene Fonds E.V.
Press Contact
Ulf Schönheim
Head of Corporate Communications
Buss Capital GmbH & Co. KG
Reiherdamm 44
20457 Hamburg
Phone: 040 3198-1628
Fax: 040 3198-1648
presse@buss-capital.de
www.buss-capital.de
Buss Group GmbH & Co. KG
Am Sandtorkai 48
20457 Hamburg
Phone: +49 40 3198-0
Fax: +49 40 3198-2000
info@buss-group.de
www.buss-group.de
If you need press material older than 05/09 please contact us at presse@buss-group.de.
Karin Lengenfelder
Head of Corporate Communication
Phone: +49 40 3198-1204
Fax: +49 40 3198-1233
k.lengenfelder@buss-group.de