Pelagic Partners
Overview
Pelagic Partners is a Cyprus-based private equity firm specializing in maritime investments, aiming to become the world's largest maritime fund. The firm manages the Global Maritime Fund (GMF), which seeks to provide innovative financing solutions in the maritime industry, with a focus on environmental, social, and governance (ESG) criteria. GMF is expected to manage assets worth $1.25 billion by the end of 2023, growing to $10 billion over the next 10 years. The fund offers up to 100% financing for ships and rigs built at International Maritime Industries' yard in Ras Al Khair, Saudi Arabia. The firm's investment strategy is built on three pillars: vessel values and the respective downside risk, market sentiment, and operational flexibility and cashflow generation within the group. Pelagic Partners invests in a diversified set of maritime assets, including bulk carriers, oil tankers, chemical and product tankers, ro-ro vessels, general cargo vessels, gas carriers, containerships, and offshore support vessels. The shipping markets are cyclical, and through prudent vessel management, the firm aims to ensure a steady dividend distribution stream to its investors. Pelagic Partners was founded by Dr. Niels Hartmann and Atef Abou Merhi, who are experienced shipowners with access to and intimate knowledge of the shipping markets, developed and enriched over 30 years. The firm is registered and incorporated under the laws of Cyprus and authorized by the Cyprus Securities & Exchange Commission to operate as an Alternative Investment Fund Manager. The founders are anchor investors and long-term ship owners who have access to and intimate knowledge of the shipping markets, driven by their outreach, experience, and network developed over the past 30 years. This strategic positioning serves as the foundation for positioning Pelagic Partners as a frontrunner in maritime investment and ship owning space.
Investment Focus
- High-net-worth individuals
- Institutional investors
- Family offices
- Professional investors
Portfolio Companies
Reach Pelagic Partners directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Pelagic Partners
What sectors does Pelagic Partners invest in?
Pelagic Partners invests in Energy, Real Estate, Infrastructure, Finance, Asset Management and Investment Management, and is based in Lemesos, Cyprus. Pelagic Partners is listed as a private equity in the ConnectSafely investor database.
What stage does Pelagic Partners invest at?
Pelagic Partners backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 100M - 10B.
Which regions does Pelagic Partners invest in?
Pelagic Partners invests across Saudi Arabia, Norway and Cyprus.
Who are the partners at Pelagic Partners?
Team members listed for Pelagic Partners include Pradeep Ranjan (Chief Technical Officer - Pelagic Wind Services) and Tobias Backer (Executive Director Pelagic Capital).
What companies has Pelagic Partners invested in?
Pelagic Partners's portfolio includes Golden Energy Offshore Services, Aurora Coey and Aurora Cooper.
How do I contact Pelagic Partners?
Pelagic Partners's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
