SQN Asset Finance Income Ord

Name
SQN Asset Finance Income Ord
Manager
SQN Capital Management, LLC
Type
Closed Ended Investment Company
ISIN
GG00BN56JF17
Sector
Sector Specialist: Leasing
Launched
14/07/2014
OCF
1.65 %
3 Year Sharpe
0.19
Yield
6.9 %
Fund Size
£ 319.92 million
NAV
96
Gearing
102
Discount Premium
-6
The investment objective is to provide its shareholders with regular, sustainable dividends and to generate capital appreciation through investment, directly or indirectly, in business-essential, revenue-producing (or cost-saving) equipment and other physical assets. The company expects the majority of investments, over time, to be in the specialist segment of the leasing market where, typically, assets provide cash flow during the base term of the leases as well as offering the potential for additional proceeds through lease extensions or sales at the end of the lease.
Name
SQN Capital Management, LLC
Address
10005, New York, United States
Legal Structure
Closed Ended Investment Company

Managers

Neil Roberts
Joined 07/14/2014
Jeremiah Silkowski
Joined 07/14/2014

Jeremiah Silkowski formed SQN Capital Corporation in 2005 to provide asset-backed and equipment-based financing to underserved sectors of the market with a focus on business- essential assets and equipment. In 2007, Jeremiah formed the Investment Manager as a joint venture and serves as President and Chief Executive Officer. Since then, the Investment Manager has grown to manage a number of public and private funds under the SQN Alternative Investment Funds umbrella which are designed specifically to bring collateralised, non-correlated investments to the registered investment advisor and private wealth management community. Jeremiah is also responsible for the formation of SQN Realty Finance, LLC which focused on direct investments in commercial real estate in the Southwest of the United States and the SQN Special Opportunity Fund which is focused on providing financing for modular accommodations and panelised building systems throughout the world. Under SQN’s SEC Registered Investment Advisor, Jeremiah is also responsible for its growth into separate account management for insurance companies throughout the United States. Jeremiah also serves as President and Chief Executive Officer of the SEC Registered and FINRA Member broker/dealer, SQN Securities, LLC. Prior to SQN Capital Corporation, Jeremiah spent thirteen years with one of the largest independent privately-held equipment finance companies in the United States, most recently, as Senior Vice President of Operations.

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