Investments
Current Investment Opportunities
TEQlease Capital Partners Lease Income Fund targets investments in leases to small and medium-sized companies acquiring essential use revenue-producing equipment. Qualified investors making an investment in the Fund receive a fixed quarterly return over 3 to 5 years.
TEQlease Capital Partners Lease Opportunity Fund was launched in 2009. The Fund targets investments in equipment lease portfolios sold by financial institutions as a result of the failure of the financial institution and disposition of its assets by the FDIC, the disposition of so-called toxic assets which may be administered under the Public Private Partnership Investment Program of the Department of the Treasury, and equipment lease portfolios otherwise sold by secured creditors as a result of intervention or sponsorship by the US government.
TEQlease Capital Partners also is acquiring, reviewing and bidding on specific commercial Equipment Lease Portfolio Purchases. We welcome investor partners in these transactions. The equipment lease portfolios all have different characteristics, portfolio size and diversification, maturity, equipment and obligor types, as well as different target rates of return and preferred investor returns.
Past Investments
TEQlease currently has assets under management of $16.4 million. These assets represent the remaining equipment lease portfolios acquired with five different investment partners.
TEQlease entered into a joint venture with a leading public specialty finance company to manage, service and remarket a $42 million portfolio of equipment leases. In 2003, TEQlease purchased the remaining equipment lease portfolio and continued to service the leases to maturity.
In 2007, TEQlease sold equipment lease portfolios totaling $4.2 million to three investor partners, retaining a partial interest in the portfolios as well as servicing and remarketing.
In 2008, TEQlease sold equipment lease portfolios to two investor partners, retaining a partial interest in the portfolios as well as servicing and remarketing. |