RIVER - Analysis 1
RiVER
Fund
‘Valkarie’
SPV
1 Investment into the Fund fully managed by SR with support from Robin Stevens
2 River controls and distributes funds as required
3 Project size and type negates any serious project led SR input
4 Question: How did SR earn from the project?
5 Outcome: No room for 3 within this type of deal. Move on to much bigger things
RIVER - Analysis 2
RiVER
River is the commercially credible TopCo entity that enters discussions with investors/partners and is currently 100% owned by SR.
SR/River provides the following services to SPV1. SR joins SPV1 Executive.
1 Investment & ongoing Advisory, banking etc;
2 Company structuring and strategy
3 Branding & PR
4 Interior design & creative themes
5 Business Development - next project
6 Project oversight - delivery to Investors
‘Hotel’
SPV 1
Team
Sean Rafter
David Diack
Matt Ward
+
*Steve Thorne
‘Country House’
SPV 2
Potentially a different Team, Structure & Group of investors
‘New HMO’
SPV 3
Potentially a different Team, Structure & Group of investors
‘Golf Club’
SPV 4
Potentially a different Team, Structure & Group of investors
Note:
SPV1 is an entity structured for this specific transaction only.
Other potential Hotel projects via additional SPVs might structured differently and accommodate other investors/partners
SPV1 reports to River as the overarching TopCo. River then liaises with Investors/Partners.
RIVER - Analysis 3
RiVER
River is the commercially credible TopCo entity that enters discussions with investors/partners and is currently 100% owned by SR.
SR/River provides the following services to SPV1. SR joins SPV1 Executive.
1 Investment & ongoing Advisory, banking etc;
2 Company structuring and strategy
3 Branding & PR
4 Interior design & creative themes
5 Business Development - next project
6 Project oversight - delivery to Investors
‘Hotel’
SPV 1
Team
David Diack
Matt Ward
Steve Thorne
+
*Sean Rafter
‘Country House’
SPV 2
Potentially a different Team, Structure & Group of investors
‘New HMO’
SPV 3
Potentially a different Team, Structure & Group of investors
‘Golf Club’
SPV 4
Potentially a different Team, Structure & Group of investors
Note:
SPV1 is an entity structured for this specific transaction only.
Other potential Hotel projects via additional SPVs might structured differently and accommodate other investors/partners
SPV1 reports to River as the overarching TopCo. River then liaises with Investors/Partners.