Launches & Closures

Insch Capital starts new vehicle to profit from rising oil prices


Zug-based Insch Capital Management has launched Black Gold, a hybrid investment vehicle that is designed to profit from oil revenues.

Black Gold has a bond-like structure secured by fully proven oil resources, predominantly in Canada, and has a target yield of 9.5% a year paid quarterly with an upside enhancement through oil price participation.

Funds are separated into two return drivers, with 90% of the principal in loan notes representing a diversified portfolio of revenue-generating interests in oil-producing properties, and 10% in a geared oil enhancement strategy that gives investors exposure to potential oil price appreciation.

“The oil