Families Support Scepter with $14 Billion in Discretionary Assets
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HH Prince Abdul Ali, Chairman of the Board and a scion of the ruling family of Brunei, commented, “The core investors of Scepter are delighted to support the global merchant banking activities of the group. We are committed to making a meaningful change in the way that large cap transactions are executed. We do this in a format that unifies certain families and sovereign investors who may have been competitors for assets in the past, into a single platform where investments are deployed under world class governance.” Scepter’s core capital will be used to underwrite and anchor transactions with direct investments from syndicate members. China and South Korea are countries of interest to Scepter.
About Scepter
Scepter is a standing syndicate of ruling families, ultra-high-net-worth industrialists and sovereign wealth funds. Headquartered in Bermuda with offices in New York and representative offices in London and Beijing, Scepter was founded by financier Rayo Withanage to acquire large cap assets with a focus in natural resources, infrastructure, real estate and media and telecommunications. Scepter’s global merchant banking activities are led by banking veteran Anthony J. Steains and his former Blackstone Advisory Partners Asia team. As a principal investor, Scepter is supported by the discretionary assets of its core stakeholders and a syndicate of investors who have combined resources to invest in off-market large cap transactions globally. For more information, please visit www.scepterpartners.com.
Legal Notice
Scepter Partners is a principal investor that does not require authorization by the Financial Conduct Authority or the Securities and Exchange Commission or by any financial services regulatory body. Scepter does not have any products open for third party investors. Nothing in this announcement is intended to be, or should be construed as an invitation, offer or inducement to any person or entity to engage in any investment activity.
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Website: http://www.scepterpartners.com
Contact
Scepter Partners
Hill+Knowlton Strategies
Joe Millsap
212-885-0464
Joe.Millsap@hkstrategies.com
This news is a press release provided by Scepter Partners.