Blue Mahoe widens investor choice
Impact investing firm Blue Mahoe Capital has entered into a partnership with Capital Solutions Ltd (CapSol) to introduce new investment products and services targeting both the Jamaican and the United States markets.
Under the partnership, the two firms plan to launch regulated investment funds in Jamaica aimed at expanding access to international assets for local investors.
“Blue Mahoe Capital and Capital Solutions will launch new regulated funds in Jamaica that give retail investors access to global investment opportunities, such as REITs (real estate investment trusts) and ETFs (exchange-traded funds),” revealed David Mullings, CEO of Blue Mahoe Capital.
The Jamaica Observer understands that the initiative is intended to deepen diversification opportunities for retail investors by making global assets more accessible through the local capital market. Each new investment product will be registered with the Financial Services Commission (FSC) and is expected to be listed on the Jamaica Stock Exchange (JSE), allowing investors to buy and sell them in the same way they currently trade local stocks. This structure mirrors how ETFs and REITs are accessed in more developed markets such as the United States and Canada, where such products trade openly on public exchanges.
“The focus is on the JSE,” Mullings said in a written response to the Business Observer.
Beyond Jamaica, the partnership is also expected to facilitate cross-border collaboration, opening the door for regional expansion through both private and publicly listed funds with the potential to roll out similar offerings across the wider Caribbean if the model proves successful. According to the companies, the partnership was formed after leadership on both sides identified shared objectives around broadening the investment landscape and introducing more sophisticated financial products to Caribbean markets.
“We value regulated entities as partners and look forward to working with the CapSol team to facilitate investments going both ways, as Caribbean investors deserve access to a wider suite of investment opportunities than they are currently offered,” Mullings said.
Both groups will continue to operate independently under the arrangement. As part of the collaboration, Mullings has been appointed chair of the Strategic Committee of the board of directors of CapSol, a move the companies say strengthens alignment while preserving operational independence.