Posts Tagged ‘LLC’

Redbridge announces Life and Disability Binding Authority

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CORAL GABLES, Fla., July 9, 2015 /PRNewswire/ — Redbridge is proud to announce that effective June 1, 2015, Redbridge Reinsurance Managers, LLC began operating with Life and Disability Reinsurance Binding Authority with worldwide territory for insureds domiciled in Latin America, Bermuda, the Bahamas and the Caribbean. We are authorized for a limit of USD 2,000,000 and are 100% supported by Lloyd’s Syndicate 779.

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Redbridge Reinsurance Managers is based in Coral Gables, Florida and is a Lloyd’s authorized coverholder. We guarantee quality service, and commit to provide a prompt quote once all required information is received.

The programs we are offering are as follows:

Group Life Reinsurance

  • Group Life Insurance
  • Total and Permanent Disability
  • Credit Life
  • Credit Disability
  • Credit Involuntary Unemployment Insurance

Personal Accident Reinsurance

  • Individual Accidental Death and Dismemberment (AD&D) Insurance
  • Travel Protection

Individual Life Reinsurance

  • Individual Life Insurance

For any business related inquiries please contact:

Mariano Ruiz (Argentina) – mruiz@redbridge.cc
Roberto Gomez (Dominican Republic) – rgomez@redbridge.cc
Mario Aguilar (Guatemala) – maguilar@redbridge.cc
Guiselle Monge (Costa Rica) – gmonge@redbridge.cc

Our authorized binding executives:     Edmund Santiago, esantiago@redbridge.cc
Dr. Boris Garcia Zakzuk, bgarcia@redbridge.cc

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CONTACT:  Redbridge,  305-232-9040

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Kennedy Funding Financial Suspends Lending in the U.S. Virgin Islands

Joins other major lenders in a response to territory’s lengthy foreclosure process

ENGLEWOOD CLIFFS, N.J., Feb. 23, 2015 /PRNewswire/ – Kennedy Funding Financial, LLC, one of the world’s largest private lenders, has suspended all lending in the U.S. Virgin Islands, encompassing St. Croix and St. Thomas, citing bureaucratic problems in the territory’s foreclosure process.

“Due to the incredible delays in the foreclosure process, we have decided to join many other U.S.-based lenders in this action,” said Kevin Wolfer, the firm’s CEO, citing the territory’s governmental process and courts. “These delays are preventing lenders from recouping their investment dollars in the islands.

“While the principals of our firm enjoy vacationing in St. Thomas and the other islands, and have found the local people incredibly hospitable, the exorbitant delays in completing a foreclosure process and the inability to even protect and preserve a property when it is being pillaged, we and other lenders have unfortunately been forced to make this difficult decision,” said Wolfer. “Because of the ongoing negative impact on the islands’ financial and real estate markets, it is incumbent upon local officials to correct these problems.”

Kennedy Funding will continue to lend throughout the U.S. and internationally, however. “We will continue to fund loans throughout the Caribbean region—we have recently closed loans in the Bahamas and the Dominican Republic, in fact,” said Wolfer. “We are actively pursuing opportunities and hope to one day resume lending in the U.S. Virgin Islands.”

Kennedy Funding Financial, LLC, one of the largest direct private lenders in the country, specializes in bridge loans for commercial property and land acquisition, development, workouts, bankruptcies, and foreclosures. The principals of the company have closed over $2.5 billion in loans to date. The firm’s creative financing expertise enables the closing of equity-based loans of up to a 70% loan-to-value ratio, from $1 million to more than $50 million, in as little as five days. Kennedy Funding Financial, LLC continues to actively seek new funding opportunities throughout the world.

www.kennedyfundingfinancial.com

CONTACT: David Green, davidgreen@resultsinc.com, 201-288-7888

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Redbridge announces Property Binding Authority

CORAL GABLES, Fla., Feb. 3, 2015 /PRNewswire/ — Redbridge is proud to announce that effective October 31, 2014, Redbridge Reinsurance Managers, LLC began operating with Property Binding Authority throughout Latin America with a limit of USD 10,000,000 supported by various Lloyd’s of London syndicates.

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The Binder allows us to offer our clients flexible coverage for a wide variety of risks with customized deductibles and rates.

Our underwriting is focused on medium to large industrial and commercial risks, offering specialized coverages such as Machinery Breakdown and Business Interruption.

Redbridge Reinsurance Managers, based in Coral Gables, Florida is a Lloyd’s authorized coverholder and, as part of our guarantee of quality service, we commit to providing quotes promptly once the required information is received.

In order to provide you with a quote we will need a slip of proposed terms and conditions, detail of the insured values, a recent inspection report of the top locations and claims history for the last five years. Please contact us if you have any questions or need additional information.

Our authorized underwriter: Marco Broccolo

Marco joined the Redbridge team as Executive Director of Property and Casualty and is the authorized Underwriter under the Binder. He has more than 15 years of experience in the Property Reinsurance industry, the last 10 of which he has been focused on the Latin American Market. Michael Santiago, Account Executive, will assist Marco.

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CONTACT: Marco Broccolo, mbroccolo@redbridge.cc; Michael Santiago, msantiago@redbridge.cc

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Blue Equity Chairman For Invest Caribbean Now 2012

Chairman and managing director of Blue Equity, LLC., Jonathan S. Blue

Chairman and managing director of Blue Equity, LLC., Jonathan S. Blue

CaribPR Wire, NEW YORK, NY, Fri. Feb. 24, 2012: “There are many opportunities for well capitalized, foreign investors entering into the emerging economies of the Caribbean.”

That’s the word from one of the top 50 powerful Louisvillians and chairman and managing director of Blue Equity, LLC., Jonathan S. Blue, one of the speakers of this year’s Invest Caribbean Now Power Forum in New York City.

Invest Caribbean Now forum is the brainchild of Hard Beat Communications CEO, Felicia Persaud, and aims to showcase the Caribbean as a great investment option as well while connecting investors with entrepreneurs and ministers of governments.

The June partnership presentation by the Caribbean Tourism Organization and Hard Beat, a digital media company,  is set for June 6, 2012 at the Marriott Marquis Times Square and will feature the Blue Equity head along with President and co-founder of Solamon Energy Corp, Jay Yeo and Lisa Lake, head of The Branson Centre of Entrepreneurship – Caribbean. A special honoree will be announced shortly.

The event earned rave reviews in its inaugural years in 2011, secured significant media coverage for its impassioned appeal from Hard Beat CEO, Persaud, and presentations from Wendell Dave Dowrich, Vice President, Goldman Sachs; David Brillembourg, Founder, Chairman & Chief Executive Officer, Brilla Group and Martin Mohabeer, Managing Director, Spackman Group and CEO of Spackman Capital and was attended by some 300 delegates, who included ministers of governments, Wall Street money managers, hoteliers, architects, real estate developers and entrepreneurs.

Blue, who heads the private equity firm with a diverse and innovative portfolio of business enterprises with concentrations in oil and gas, media, healthcare, defense, financial services, real estate, manufacturing, art commerce, sports and entertainment, is looking forward to being a part of the panel at this year’s event. In his role as chairman, Jonathan Blue oversees the management of the current holdings in the company. He also serves as the chairman and CEO of Cool Petroleum. Cool Petroleum Ltd., the licensed operator of Shell brands in Jamaica, is an integrated downstream petroleum products business operating in the captive Jamaican market.

“At Blue Equity, we believe that our management and business processes transcend industries and regions and are universally successful in the development and growth of companies worldwide,” said Jonathan. “Our initial entry in the Caribbean market has led us to more progressive and larger scale opportunities in which we are investing or are continuing to evaluate.  We look forward to expanding our Caribbean presence in the very near future.”

“Invest Caribbean Now is honored to have Jonathan as part of this year’s panelists,” said Persaud. “His investment in the Caribbean helps us to make the case that the Caribbean, like emerging markets globally, is definitely a lucrative investment option as well.”

Invest Caribbean Now 2012 sponsors to date include the PR Newswire, WSEE TV, CaribPR Wire, News Americas Now, Damoola Inc and The Affiliated Lawyers of the Americas (”ALTA”). For additional partnership opportunities log on to the sponsorship section of investcaribbeannow or call 646-820-5694.

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China, India, Brazil! Is The Caribbean Next?

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CaribPR Wire, NEW YORK, NY, Feb. 3, 2012: Find out this June when the second Invest Caribbean Now power forum returns to New York City.

 “The first Invest Caribbean Forum in June 2011 was a pivotal moment in developing interest in a new era of entrepreneurship and investing in the Caribbean. This year’s forum promises to be even more significant in advancing U.S. and worldwide interest in emerging opportunities throughout the Caribbean,” said Felicia Persaud, the convener of Invest Caribbean 2012 for the Caribbean Tourism Organization, in announcing this year’s forum.

Coming on the heels of an ultra successful event in 2011 that featured over 300 money managers, investors, hoteliers, ministers of governments and real estate developers, the Invest Caribbean Now power forum will return to New York City this June as part of Caribbean Week in New York.

The Caribbean Tourism Organization will again partner with digital media company, Hard Beat Communications, to present the second investment forum on June 6, 2012 in New York City.

The event earned rave reviews in its inaugural years in 2011 and secured significant media coverage for its impassioned appeal from Hard Beat CEO, Persaud, and presentations from Wendell Dave Dowrich, Vice President, Goldman Sachs; David Brillembourg, Founder, Chairman & Chief Executive Officer, Brilla Group and Martin Mohabeer, Managing Director, Spackman Group and CEO of Spackman Capital.

2012 is set to be more exciting as the event will feature private equity investors in the region, telling their “Why Caribbean” story to other investors and attendees. This year’s confirmed speakers are CEO and founder of the award winning firm, McKinney Rogers, Damian McKinney; President and co-founder of Solamon Energy Corp, Jay Yeo; and Chairman and Managing Director of Blue Equity, LLC., Jonathan S. Blue. 

In just ten years McKinney, a former British Royal Marine has built a global organization with offices on every sub-continent. Today, McKinney Rogers is a premiere global consultancy, specializing in business execution. The firm has delivered tangible and sustainable results for such respected global organizations as Walmart, Bacardi, Grohe and Diageo. McKinney was also the winner of the coveted Executive of the Year Award for 2011.

Solamon Energy Corp is a renewable energy developer providing Caribbean and Central American clients with cost effective and reliable RE power generation solutions. Jay and his team work recently announced plans to build the Caribbean’s largest solar power plant in Jamaica. It is expected that the program, estimated to cost 450 million dollars, will enhance and improve Jamaica’s energy infrastructure, as well as help attract additional investment in the ICT and green tech sectors.

Blue Equity is a private equity firm with a diverse and innovative portfolio of business enterprises, with concentrations in oil and gas, media, healthcare, defense, financial services, real estate, manufacturing, art commerce, and sports and entertainment. Jonathan and Blue currently are already investing in the Caribbean through Cool Petroleum Limited, the licensed user of Shell brands in Jamaica and Island Ice & Beverage Company Limited, which manufactures and distributes packaged ice in the Caribbean. Blue Equity LLC says it will be expanding the network of gas stations in Jamaica under the Cool Petroleum brand and also hinted at another acquisition later this year, saying it remains optimistic about Jamaica’s prospects as an investment destination. 

“The Caribbean Tourism Organization is proud to team up with Hard Beat to present this event for the second year, since in these tough economic times, investment in the Caribbean and Latin America is critical and the CTO believes strongly in continuing to boost the tourism sector of this vibrant region by presenting investment opportunities for its members,” said Sylma Brown Bramble, director of CTO-USA Inc.

Partners to date include the PR Newswire, WSEE TV, CaribPR Wire, News Americas Now, Damoola Inc and The Affiliated Lawyers of the Americas (”ALTA“).

For partnership and exhibitor opportunities log on to the sponsorship section of http://investcaribbeannow.com/ or call 646-820-5694.

 

 

 

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Food And Beverage Investor For Invest Caribbean MoBay

Adam Borden

Adam Borden

CaribPR Wire, NEW YORK, NY, Fri. Sept. 2, 2011: Adam Borden knows a great food and beverage investment when he sees one. After all, his investment in the company that is now the global pioneer in açai products, is proof positive of that. Borden will be among the panelists of Invest Caribbean Montego Bay this Fall.

The October event is being presented by Hard Beat Communications’ CEO, Felicia Persaud  in collaboration with the Montego Bay Chamber of Commerce, and is set for the Rose Hall convention center as part of the Chamber’s 14th annual expo that will be opened by Assistant Secretary General of the OAS, Ambassador Albert Ramdin.

Borden, the managing director of Bradmer Foods, LLC, says his company is constantly looking for the next food trend and food entrepreneur, wherever that may be and whatever they may be making. 

“We’re excited to participate in Invest Caribbean because of the new foods and faces we’re likely to encounter.   We look for entrepreneurs with a vision for greatness, a distinguished product and a compelling story,” said Borden, who has also invested in Adina Beverages, an organic & Fair Trade drink company; Blue Horizon Wild, one of the leading marketers of sustainably harvested seafood products; Charles Chocolates, a San Francisco boutique chocolatier; Organic To Go, a West Coast organic catering and retail operation.

 Under the leadership of Persaud, the Caribbean region is being recast as an active entrepreneurial zone that is beyond sun, sand and sea.

 On the heels of the very successful inaugural Invest Caribbean Forum held in New York City in June 2011, which drew an impressive array of speakers and a large audience, Persaud has announced the Montego Bay, Jamaica event, the first foray into the Caribbean region.

 ”What our efforts are proving is that there is a wealth of investor interest and a treasure trove of business opportunities in the Caribbean just waiting to be unlocked,” noted Persaud, the architect of the series.

Invest Caribbean recently concluded a successful forum with the Caribbean Tourism Organization during Caribbean Week in New York, June 9, 2011 featuring Goldman Sachs’ W. Dave Dowrich, Spackman Capital CEO, Martin Mohabeer and CEO of the Brilla Group, David Brillembourg.

 See Felicia Persaud’s opening at the June investment forum http://vimeo.com/25323506.

 Entrepreneurs interested in registering for the October 14th forum and sponsors wishing to be a part of this exciting event should log on to http://investcaribbeannow.com/ for more details.

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