Trade Finance Investment Vehicle

TRADE FINANCE INVESTMENT VEHICLE

Access a $150M trade finance fund with 11% average returns, low default rates, and collateral-backed short-tenor assets. Accredited investors only.

Term Sheet

Trade Finance Fund – Indicative Term Sheet (506c / 144A / 3(c)(7))

<1%

Historical Default Rate

$150M+

Assets Under Management

11%

Avg. Inflation-Adj. Returns

Parameter	Details
Vehicle	Delaware LP master fund with optional offshore feeder. Exempt under Reg D 506(c) and Rule 144A; offered only to Qualified Institutional Buyers (QIBs). Operates under Section 3(c)(7) exemption of the Investment Company Act.
Strategy	Short-tenor trade finance (30–180 days). Self-liquidating exposures secured by bank LCs, warehouse receipts, or insured receivables. Hard diversification caps by borrower, commodity, port, and issuer bank.
Fund Size	Target: USD 150m+ committed capital. Scalable to USD 300m with additional subscriptions. Pipeline diversified across energy, metals, and agri-trade flows.
Tenor	Typical positions: 30–180 days. No long-tail or soft collateral exposures. Redemptions aligned with asset maturity cycles.
Collateral	Confirmed/UPAS LCs and bank instruments. Warehouse receipts and collateral management agreements. Trade receivables with insurance and lockbox control. Bills of lading and title docs where applicable.
Loan-to-Value (LTV)	Max 75–80% of eligible collateral value. Adjusted for volatility, liquidity, and borrower strength.
Target Returns	11% average annual net returns (inflation-adjusted). Income-led, floating where available. Monthly/quarterly distributions or reinvestment.
Fees	Management: 1.5% per annum on NAV. Performance: 15–20% over 6% hurdle, high-water mark applied.
Liquidity	Quarterly redemptions with 60–90 days’ notice. 12-month soft lock on new subscriptions. Gates up to 20% NAV to protect investors during stress.

Step	Investor Actions	Fund Deliverables
1. Request Documents	Submit mandate, ticket size, timing.	PPM, LPA, DDQ, sample reports.
2. Diligence Call	Meet portfolio & risk leads.	Pipeline visibility, risk controls.
3. KYC & Onboarding	Provide IDs, entity documents.	Administrator account setup.
4. Execute & Fund	Sign subscription, wire capital.	Trade date confirmed, reporting cycle starts.

Important Information: This document is a summary of indicative terms only and does not constitute an offer to sell or a solicitation of an offer to buy securities. Interests in the Fund will be offered only pursuant to a confidential Private Placement Memorandum and related subscription documents, and only to Qualified Institutional Buyers (“QIBs”) within the meaning of Rule 144A under the Securities Act of 1933, as amended.

Past performance is not indicative of future results. Target returns are illustrative and not guaranteed. Investments in the Fund involve a high degree of risk, including the possible loss of capital. Liquidity is limited and subject to gates, notice periods, and other restrictions.

Prospective investors must rely solely on the final offering documents and their own diligence. The Fund is not registered under the Investment Company Act of 1940 in reliance on Section 3(c)(7) or 3(c)(1). Interests may not be offered or sold in any jurisdiction except in compliance with applicable law.

CONTACT INVESTOR RELATIONS

This contact section is strictly reserved for Qualified Institutional Buyers (QIBs) and professional allocators who are evaluating an allocation to the Trade Finance Fund.

The purpose of this form is to provide institutional investors with a direct channel to our Investor Relations team in order to discuss portfolio fit, allocation timing, and access to short-tenor, collateral-backed trade finance opportunities.

It is not intended for transaction applicants, borrowers, or individuals seeking credit facilities. Any non-investor submissions will not be reviewed.

The fields on the right are designed exclusively for QIB investors to provide the necessary information so that our team can verify eligibility, share fund materials, and coordinate the next steps in the diligence process.