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Swettenham Stud Breeding Venture #1 |
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Adam Sangster has long harbored an ambition to put together a group of investors that can share with him the passion and excitement of breeding thoroughbred horses. Finally all those people who have indicated they would like to be involved with Swettenham Stud (and don’t have a mare) have the appropriate vehicle. Click here to see the explanatory video. In consultation with Stable Connect, a progressive firm holding an appropriate dealers’ license (ASFL #336964), Swettenham Stud are well advanced in developing the appropriate investment vehicle that would provide investors with this unique opportunity. As Adam Tims from Stable Connect states “Imagine the enjoyment being in a close knit group that can utilize the expertise, contacts and facilities of the world renowned ‘Swettenham Stud’ and so participate in the Australian and international thoroughbred breeding and racing industry in such an intimate fashion”. The venture has many important ingredients: » It will source and purchase at least five quality broodmares: »Two will be from the USA and their foals will be weaned after birth in early 2010 and sold next November at Keeneland Foal Sale in Kentucky. » In most cases mares will be in foal, although good fillies & mares off the track will not be overlooked; » The mares will be mated to suitable commercial stallions in Australia in 2010 with the aim of selling the progeny at major yearling sales in Australia; » It will identify and purchase commercial weanlings, to be prepared for resale at the major yearling sales; » Finally, it will identify and purchase yearlings that will be suited for resale to the Asian market. They will be trained up to reach that market as trialed or ready to run horses. The following sets out a brief overview of the parameters the Swettenham Stud Breeding Venture No.1 will operate within. I would be interested to know whether this type of investment would be attractive to you. Proposed details of the venture are as follows: » Minimum investment $25,000 (one-off payment); » Minimum capital raised to proceed $1,500,000 with full subscription being $2,000,000; » Applicants must meet the definition of a “Wholesale Investor”; » Investment is available to all types of investors, including superannuation funds; » Fund will operate for a finite period, 6 years; » The fund’s bloodstock and breeding decisions will be managed by key individuals from the Swettenham Stud operation, namely Adam Sangster and Bloodstock Manager Ian Rimington; » The Fund’s finances will be managed by the Chartered Accounting Firm, Stable Financial. If you are interested in this concept can you please reply by email or contact Adam Sangster on 0418 543 633 or Ian Rimington on 0419 887 184 as soon as possible. Willingness to participate does not guarantee a position in the venture. For those interested an information memorandum with an application form will be provided in due course. [CLICK HERE] for more details.
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