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Location
Singapore has become a favorite of ASEAN companies. Mainly, because they allow investors from just about anywhere to invest, and they sign investment treaties to mitigate common problems like double-taxation.
Company
Our first name comes from King Solomon (990-931BCE) who is regarded as one of the wisest investors of all time. His diplomatic investment practices resulted in a period of prosperity and innovation unimaginable by previous generations. Secondly, Henry Ford (1863-1947) was a technological genius who brought scientific management theory into the industrial revolution. Because of the way he utilized both delegation and technological innovation, the world was changed forever. It is because of these great reminders that we're proud to call ourselves Solomon Henry.
Solomon Henry was established with the investment strategy principally to invest, directly or indirectly, in a portfolio of income-producing real estate in key markets throughout Southeast Asia, as well as real estate-related assets. These investments are securitised by the underlying assets.
We don't guarantee returns & nobody should.
That being said, our development partners have distributed annualised returns of over 21% for decades, delivering hundreds of projects over the past 25-years - spanning dozens of countries.
A common misconception with investments in SE Asia is that they all come with guarantees. In our experience, we've found that most of them (north of 95%) add the cost of these guarantees to their investments before passing them to their investors. This means that investors end up financing their own guarantees. We don't believe in operating this way.
– Preferred Rate of Return: 8% to Limited Partners - This means, for the first $10mm raised, early investors recieve 100% of the first 8% returned to the fund. We don't make anything at or below 8%.
– Catch Up: 2% to the General Partner - This means that we keep all of the 9th & 10th percent returned to the fund. This helps keep our fees performance based while allowing us to keep the lights on.
– Acquisition Fee: 0.75% of the acquisition price of any asset purchased, whether directly or indirectly through one or more subsidiaries, by the company (pro-rated if applicable to the proportion of the company's interest in the assets acquired) from related parties and 1.0% of the acquisition price for all other cases (or such lower percentage as may be determined by the General Partner in its absolute discretion).
– Divestment Fee: 0.5% (or such lower percentage as may be determined by the General Partner in its absolute discretion) of the sale price of any asset sold or spanested, whether directly or indirectly through one or more subsidiaries, by the company (pro-rated if applicable to the proportion of the company's interest in the asset sold or spanested).
– Finders Fee: Occasionally, the deals that come across our desk are promising, but narrowly miss our mandate. In these cases, we pass the deals along to investors in our network who have expressed interest in them. If they choose to invest, we receive a nominal percentage of the capital raised by way of our introductions.
Other
Goldman Sachs estimates that Indonesia's GDPR will increase by 18.4% (annually) through 2030. Indonesia also has one of the largest workforces (worldwide), and their rental real estate market is 3x bigger than any other in Southeast Asia (1/4 the size of America's).
Additionally, check out some of the amazing statistics on Bali from our about page.
Our policy is to make quarterly distributions on distributable income. The General Partner determines the actual level of distribution.
