SOMERS

Somers Limited is an investment holding company in the financial services sector... Somers is managed by ICM Limited ("ICM"), a Bermuda based global fund manager and corporate finance adviser which currently manages approximately US$1.8 billion in funds directly, and is responsible indirectly for a further US$23.2 billion of assets in subsidiary investments (as at 31 December, 2023). ICM is a long term investor that focuses on having a deep understanding of the business fundamentals of each investment and its environment versus its economic value... Somers will generally aim to achieve a control position but is equally comfortable with a minority position if the purchase price is sufficiently attractive or the investment instrument offers a degree of protection. Somers aims to maximise value for shareholders by holding a reasonably concentrated portfolio of investments and maintaining a prudent level of gearing. These investments can be both unlisted and listed. Besides looking for..

Also known as: Somers Limited

Registration numbers: 46441 (W)

Primary location: Hamilton Bermuda