The webcast will provide an overview of EnTrust Global’s maritime finance strategy (“Blue Ocean”). Blue Ocean – which is part of the firm’s broader maritime-focused Blue Ocean Group – was launched in August 2016 to capitalize on the demand for alternative sources of liquidity in this capital-intensive industry given the retrenchment of “traditional” bank lenders. Recognizing the need for specialized expertise to successfully target such opportunity, EnTrust identified industry veteran Svein Engh to lead the business.

The Blue Ocean strategy focuses mostly on private debt/direct lending opportunities in connection with small- and medium-sized companies in the maritime sector, including the origination of asset-backed financings and opportunistic purchases of such loans. In addition to the protection provided by hard assets, the targeted structures exhibit low correlation to traditional equities and fixed income, and also benefit from steady, predictable cash flows and robust financial covenants. The strategy also opportunistically invests in second lien, mezzanine, lease and equity structures.

Given the magnitude of the addressable market – global shipping represents a $1 trillion industry – and the ability to leverage the knowledge and network of EnTrust Global’s dedicated maritime specialists, EnTrust continues to expand the breadth of its Blue Ocean Group.