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Stewards Investment Capital wins Structured Finance Deal of the Year for FAVO Capital deal at Global Private Banking Innovation Awards 2024


Stewards Investment Capital, a boutique investment management leader proudly announces its recent recognition at the Global Private Banking Innovation Awards 2024 in the category of Structured Finance Deal of the Year. This accolade celebrates Stewards Investment Capital's instrumental role in facilitating the ground-breaking acquisition of FAVO Capital, resulting in FAVO Capital's acquisition of all entities comprising the FAVO Group of Companies, marking a significant milestone for both companies. Since this restructuring in June 2023, FAVO Capital has experienced significant growth and sees itself as a key player in the private credit market in USA.


 The Global Private Banking Innovation Awards, organised yearly by Global Private Banker exist to identify, honour, and celebrate the world’s pre-eminent private banks, family offices and wealth managers that demonstrate elite levels of advisory, unbiased research and bespoke solutions and their individuals’ contribution to client service and strategic wealth preservation and growth capabilities. Past winners include JP Morgan, HSBC, FAB, Visa, UBS, Wells Fargo, Santander, Citi, Standard Chartered amongst others. Global Private Banking Innovation Awards 2024 are known as the world’s most authoritative and transparently judged private wealth awards recognising the most innovative products and services, cutting-edge technological and digital capabilities, scalable customisations across the global private banking landscape.


The Award-winning restructuring of FAVO's business operations, which showcased the transition from a realty-focused company to a private credit-centric firm. This strategic shift positioned FAVO to capitalize on emerging market trends and secure substantial investments from notable institutional investors. The acquisition empowered FAVO to expand operations and solidify its market position offering working capital solutions to small and medium-sized businesses across the United States, with Stewards Investment Capital becoming its second largest shareholder post-restructuring.


Glen Steward, Founder and Chairman of Stewards Investment Capital and Chief Strategy Officer and Board member at FAVO Capital Inc., expressed his gratitude, stating, "We are humbled and thankful to Global Private Banker for this honour and recognition. I would also like to thank our committed team at Stewards and FAVO Capital, whose relentless efforts ensure that our investors' capital maximizes its potential every day. Mr. Steward added, “This award is a testament to our continued commitment to innovation. We are proud to have played a pivotal role in this ground-breaking deal, and this award is a validation of our team's hard work and dedication”.


A statement from the Judges of Global Private Banking Innovation Awards 2024, “Stewards Investment Capital has deftly introduced innovative, niche and value driven solutions that significantly impact investors, thereby attracting institutional investors and private clients. Most notably, the successful restructuring of FAVO Capital Inc involving a USD $37 million transaction, enabled FAVO to expand operations, introduce innovative products and solidify its market position”.


Through the use of cutting-edge technology, advanced risk management strategies, and a profound understanding of market dynamics, Stewards Investment Capital together with FAVO Capital have developed an investment solution that not only delivers superior performance but also substantial value to its investors. Additionally, Stewards facilitated investments from notable institutional investors, including one of South Africa’s largest pension funds. As strategic advisors and significant shareholders, Stewards actively contributed to FAVO's expansion, culminating in the acquisition of three additional businesses and significant growth in staff numbers from 40 to 126.


Shaun Quin, President at FAVO Capital Inc., remarked, "We are incredibly proud to see Stewards recognized for their groundbreaking work. This collaboration is set to catalyze growth and facilitate global expansion, marking a significant milestone for Stewards Investment Capital and FAVO Capital. Congratulations to the entire team at Stewards Investment Capital & FAVO Capital for this well-deserved award.”

With a focus on innovation, diversification in emerging asset classes, and aligning with investors' appetites, Stewards Investment Capital continues to provide niche investment solutions that set the standards in the financial industry.

 

More About FAVO Capital, Inc.

FAVO Capital, Inc. (FAVO: OTC Markets) is a rapidly growing direct funding company headquartered in USA. With extensive expertise in business, entrepreneurship and finance, their dedicated professionals offer a range of personalised funding solutions to emerging, small, and medium-sized businesses. FAVO’s goal is to facilitate swift and efficient funding without imposing rigid requirements, enabling businesses to grow in a seamless manner.

Their services include Merchant Cash Advance (MCA), Invoice financing, Equipment financing, Business lines of credit, Small Business Administration (SBA) loans and Real estate backed bridge financing. FAVO Capital Inc. employs over 126 people in 5 offices globally.


About Stewards Investment Capital

Stewards Investment Capital is boutique investment advisory leader with a 25-year legacy within the Stewards affiliation of companies. With a strategic presence in Mauritius, South Africa and USA, we specialize in tailoring niche investment solutions with optimized risk adjusted returns for high-net-worth individuals, pension funds and institutional investors. Guided by a commitment to be a catalyst of growth for our investors, our advisory team navigate the financial landscape with a high-alpha approach to deliver tangible value and performance for our investors.


Our purpose revolves around the stewardship of your wealth, maximizing and preserving assets for current and future generations. Renowned for our unconventional and innovative investment strategies, we offer market-leading solutions that reflect our commitment to delivering distinct value.


Our flagship investment solutions offer attractive fixed income yield opportunities, participation in the equity market upside through strategic themes with downside protection, and access to exciting new markets including digital assets which have delivered stellar returns. Providing our investors with early access to emerging investment opportunities and trends is a cornerstone of our approach. We were amongst the first investors in the digital assets space and were early investors in the growing private credit trend.

The Stewards affiliation of companies has multiple financial services licenses and business in South Africa, Mauritius and USA with operations spanning forex, trade finance, investment management, micro finance, private credit, payments, market maker and liquidity provider.


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