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SOURCE: Versonce Asset Management
Clients of asset management company raise $700M, with high prospects moving forward.
Zurich, British Virgin Islands (PRWEB) January 17, 2013
Versonce Asset Management, a leading banking institution, has announced the widespread success of its recent investment into bank collateral. Clients of Versonce have raised over $700M in the last quarter alone, illustrating the positive and immediate response to this initiative.
In October of 2012, Versonce Asset Management announced plans for a joint venture with select clients into purchasing the issuance of bank collateral. The purpose of this venture served to raise capital for Versonce’s clients who were seeking additional funds for venture capital. Through collateral investment, Versonce and its clients were able to secure funds in the form of Standby Letters of Credit, Bank Guarantees, Bonds and Notes.
"I contracted with Versonce in late October, 2012. I had previous histories with other groups who had offered to lease instruments for my benefit, but nothing ever worked out,” said Fulton Reed, a Versonce client who took part in the collateral investment. “I was hesitant to work with Versonce, but once I began the process and saw how professional they were, I was very happy. I ended up raising over $75 million for my clean energy project, something I never could have done without Versonce."
The current results of Versonce’s collateral investment initiative showcase a clear and overwhelming success for the project. Clients have hailed the program as an innovative step forward in investment opportunities and with over $700M in funds secured through bank collateral, the initiative seeks to move forward in its successes. The program has been featured by Yahoo! News and other well-known news carriers, adding to the overall success of the investments and shining an international spotlight on Versonce.
"This is not an Internet program; it really works,” said Kenneth Wu, another Versonce client whose investment into bank collateral yielded superb results. “If you have a professional project and need funding, seriously look at what Versonce is offering. If you’re looking for free money or some bogus Internet program, look the other way."
Versonce Asset Management has a boutique approach and special perspective that sets it apart from other banking organizations. Based in the British Virgin Islands and with a focus on managing private wealth and parlaying capital into secure power investments, the company is a sterling partner in high-level financial enterprising. Versonce also specializes in letters of credit, proof of funds and bank guarantees, as well as many other traditional banking services.
Versonce Asset Management is a fully owned subsidiary of Versonce Private Trust Banking.
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