About Investar plc
Established in 2000 by Paolo Catalfamo and other investors
to provide asset management and merchant banking services
to institutional investors and high-net-worth clients, Investar now
operates through its offices in Luxembourg, Malta, Italy, the United
States and India.
It is the controlling shareholder of the financial conglomerate GlobalCapital plc, listed on the Malta Stock Exchange. The group includes a life insurance company, a health insurance company (in partnership with the British insurer Bupa) and an asset management company. All the operating entities are regulated by the Malta Financial Services Authority. The total assets of the group are approximately €250 million and the total capital is €25 million.
The group previously owned an asset management company regulated by the Bank of Italy which managed individual accounts, mutual, hedge and private equity funds. This business was eventually sold to a Swiss bank. The companies and their principals have raised and managed in excess of €10 billion.
The Group has established a number of operational joint ventures with European, American and Indian universities and with other multilateral organisations, including the Trilateral Group. Investar plc is currently offering a €25 million, five-year convertible note. The proceeds of the note will be used primarily to increase the holding in GlobalCapital plc in the next rights issue and to acquire interests in other financial and insurance services companies.