Secure Bond Fund – Alvin James Group Development
Company: Alvin James Group
Asset Type: Finance
Invest indirectly in a 24-month Security Bond Fund at zero interest, 88% to par with a 48 months maturity.The Bond is fully insured by US Specialty Insurance along with AXA-Catlin
The Business conglomerate represents an Atlanta-based Real Estate development firm with a focus on high-end hotel, residential, and entertainment opportunities
The Alvin James Group, which is a multi-billion dollar revenue firm, is seeking financing to provide funds to its subsidiary companies for licensing and approvals of financial investment financing one of the world’s largest Outdoor Entertainment & Hospitality Venue, a Premier Island Resort Destination Company.
The Investment is insured up to his total aggregate amount of $2M by US Specialty Insurance along with AXA-XL Catlin.
By partnering with Poseidon Pacific Properties, the overall development will be a globally unique offering incorporating the leading brands in Music, Family & Children's Entertainment Themed Attractions by the biggest brands.
Please refer to the Private Placement Memorandum for more details about this offering.
- Capital Structure
Where does Alvin James lie in terms of priority? Alvin James is a borrower under a secured working capital revolving credit facility with a revolving credit lender and the revolving credit lender has a lien on all of the conglomerate’s assets.
- Cash Flow
How do I get paid? Investors can expect to receive payments at bond maturity date two years after funding, guaranteed by AXA Assurance.
What is the repayment obligation underlying the transaction? The primary source of repayment is the issuer, backed by US Specialty Insurance along with AXA-XL Catlin.
- Capital Structure
Alvin JamesChairman & CEO
Eric E. JohnsonDirector of Development
This is a test the waters page. Please register your interest via the button.
The above descriptions regarding the Portfolio Manager’s investment decision process, risk management and portfolio management practices, and volatility characteristics are derived solely from the Portfolio Manager, and although thought to be reliable, has not been independently verified and cannot be guaranteed. The Issuer makes no representations or warranties as to the accuracy or completeness of such information. The pro forma performance results reflected in the table above represent the Portfolio Manager’s actual net performance, as reported by the Portfolio Manager. All the underlying performance and fee information has been provided by the Portfolio Manager, and although assumed to be reliable, has not been independently verified by The Issuer and cannot be guaranteed. The Issuer makes no representations or warranties as to the accuracy or completeness of such information. The actual rates of return for investors in this strategy may differ. Past performance is not a guarantee of future results. The performance results reflected on the tables are based on the assumptions noted for each chart and are net of: (i) fees and incentive allocations to the portfolio manager, and (ii) transaction costs and other expenses incurred by the portfolio manager. The leverage assumptions, if any, reflected on the tables above as well as accompanying tables can have a significant effect on performance results, and is not necessarily indicative of actual leverage used by the portfolio managers during those periods, and is subject to change. This Presentation, and the information set forth herein and in related disclosures, does not constitute an offer or solicitation to invest in this Strategy or any investment vehicle managed by The Issuer. There are substantial risks to investing in the Strategy and all interested parties should carefully consider them prior to investing. Past performance is neither indicative nor a guarantee of future results. No assurance can be made that profits will be achieved or that substantial losses will not be incurred.