News
Cash Insurance Scheme Launched
Date:
24/04/2012
- Category:
Project leasing
Summit has launched a regulated insurance product that provides insurance for cash contained in a retailers smart safe.
Summit Launches It's First Public Fund
Date:
30/05/2011
- Category:
Project leasing
Summit, in partnership with it's long standing business partner SQN Capital, has launched it's first SEC regulated public fund.
SQN Public Fund to be Launched Imminently
Date:
23/03/2011
- Category:
Project leasing
The SEC had granted regulatory approval for SQN and Summit to launch a public fund, which will be open to investors in the near future.
Summit continues to expanded its US business.
Date:
19/10/2010
- Category:
Project leasing
Summit has identified an opportunity to expand into a new market, funding a series of operating leases in the United States.
Nordic Coverage added by Summit
Date:
14/05/2010
- Category:
Project leasing
Summit Asset Management has addeded to it's portfolio the ability to support transactions in parts of Scandanavia.
Second Investment Fund Launched
Date:
24/04/2009
- Category:
Project leasing
Summit has launched it's second 2009 investment fund to provide additional debt and equity investment capacity for the UK and North American markets.
Summit Launches It's First Public Fund
30/05/2011
Summit Asset Management and it's strategic business partner SQN Capital Management, have now receceived regulatory approval from the Securities and Exchange Commission to launch the first Public Fund ("SQN III").
The Fund has now broken escrow, and will provide additional capital for Summit to expand it's lending capacity within it's core European and North American markets.
SQN III is being jointly managed by both Summit and SQN.
The Fund’s investment strategy will be to invest in business-essential, revenue-producing assets, which are considered to have a material in-place value and a relatively long economic life. Investments made are expected to include a mixture of single investor and leveraged leases.
The Fund will be targeting assets that have multiple and/or varied industry applications and with active secondary markets. It will be primarily an asset investor rather than credit investor.