Grand Bahama Gets Invested - Investar Opens Grand Bahama Office

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June 19, 2019


Ansel Watson, President & CEO, Investar Securities Ltd., right, greets Hiram Pinder, first Grand Bahamian to invest in Titan Funds as Freeport office opens June 17. 

Interest was high in Grand Bahama with a steady stream of customers inquiring about the Titan Balanced Fund and Titan Fixed Income Fund, the first two investment funds offered by Investar Securities Ltd. with the Balanced Fund the first to include a percentage of Playtech Systems, parent company of Island Luck. 

Customer signing up for the Titan Fund

In keeping with its promise to “provide access to wealth for all Bahamians,” Investar Securities Ltd. opened its office in Grand Bahama June 17, its second in the nation following the successful launch of its new investment funds that opened for public participation in Nassau two weeks earlier. 

On hand for the Grand Bahama opening was financial services veteran Ansel Watson, Investar Securities President & CEO.

“The Titan Funds are a unique opportunity for Bahamians to grow their wealth by investing in proven successful businesses and private or government bonds and securities,” said Watson. “Residents of Grand Bahama seem eager to invest. We’ve been very pleased with the steady stream of persons coming through and with the investment levels which we saw in the first few days since opening on Monday.”

First through the door of the new office at East Sunrise Plaza was Hiram Pinder. “I wanted to invest in Island Luck a long time ago and I couldn’t wait for them to come to Freeport”!

The Titan Balanced Fund is the first to include participation in the revenue from the highly successful Island Luck gaming and entertainment enterprise.

Since its launch on June 3rd, Investar Securities Limited, through the sponsorship of the Titan Investment Funds, is making good on its promise to introduce all Bahamians to the capital and securities market, providing “economic democracy” for all. “My vision is that all Bahamians will be provided with access to wealth and given the opportunity to create better futures. With the launch of these funds, we’ve demonstrated that commitment”, said Sebas Bastian, major shareholder and Director of Investar Securities Limited.

Investar Securities offices will be open in Nassau and Freeport to accept subscriptions from interested persons through to the initial closing date of July 3. Interested persons are asked to bring to bring passport and additional photo ID, either NIB card or driver’s license and a recent utility bill.

Investar Securities also stated that it will continue to make subscription to the funds available throughout the Family Islands. From June 21st – July 2nd the Investar Securities Team will be traveling the Family Islands to collect subscription information from interested persons. Islands included in the visits are Exuma, Abaco, Long Island and Eleuthera. Persons may also subscribe in New Providence to the funds at Cash ‘n Go on Carmichael Road or on Rosetta Street. The funds are being managed by Leno.


Investar Securities Ltd. was founded to broaden access to financial services and invite a wider section of Bahamian society to participate in domestic wealth while contributing to national development and economic democratization. By tapping into latent demand in both the well-served and under-served markets, Investar continuously explores growth investment opportunities aligned with its culture of innovation, openness and trust. The firm’s Directors, CEO and management represent more than 150 years of combined regulatory, accounting, banking and corporate leadership expertise. Investar Securities Ltd. was incorporated in 2015 under The Companies Act 1992 and is regulated by the Securities Commission of The Bahamas.

News date : 06/19/2019    Category : Finance, Press Releases

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