Overview
"When ESG concerns cause Reeperbahn Landesbank to sell his $750 million credit facility to ""Loan-Own-Capital,"" a New York distressed fund, Norwegian shipping magnate Coco Jacobsen is forced to make a tough decision: put in another $100 million to defend his fossil fuel dependent company -- or toss the keys to the hedge fund and disappear on his yacht. But when Coco learns that one of his lenders is a Sopranos-style money laundering operation that doesn't take kindly to losing money, he enlists his estranged CFO, Robert Fairchild, to get creative about saving his fleet -- and maybe even the entire shipping industry. Exit Strategy is the third book in The Shipping Man series. For readers new to the shipping industry, Matt McCleery's novels are a unique blend of fact and fiction that provide an entertaining and educational glimpse into the world of international ocean shipping and global capital markets. For shipowners, financiers and other industry insiders, the books are an affectionate celebration of the unique characters and timeless traditions that make the maritime industry so special. Featuring fictional characters, transactions and plots, the books offer fun, fast-paced and easily accessible insight into the complex topics including commodity trading and transportation, ship owning, asset finance, hedge funds, public equity, project financing, transactional law, asset valuation, private equity, high yield bonds, mergers and acquisitions, bankruptcy and reorganization. Since the publication of the first book in 2011, The Shipping Man trilogy has sold tens of thousands of copies and have been actively used by universities, business schools and maritime colleges and in the training programs of shipping companies, ship finance banks and multi-sector value investment funds around the world."
Full Product Details
Author: Matthew McCleery
Publisher: Marine Money, Inc.
Imprint: Marine Money, Inc.
Dimensions:
Width: 12.70cm
, Height: 1.80cm
, Length: 20.30cm
Weight: 0.349kg
ISBN: 9780986209437
ISBN 10: 0986209430
Pages: 322
Publication Date: 30 August 2020
Audience:
General/trade
,
General
Format: Paperback
Publisher's Status: Active
Availability: Available To Order
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Reviews
Robert Fairchild is back. The peripatetic shipping financial wizard - the brainchild of author Matt McCleery - returns for the final instalment of the Shipping Man trilogy, the best fiction series ever printed on the high flying, glamorous lives of the top of the shipowning jet set. Exit Strategy marks the culmination of an adventure centering around ex-New York hedge fund manager, Fairchild, and his dealings with shipping magnates, many of whom bear more than a passing resemblance to well-known figures in today's industry. Part fast-paced thriller, part ship finance text book, Exit Strategy carries on with the successful formula that has seen earlier tomes, The Shipping Man and Viking Raid, sell tens of thousand copies with Fairchild urgently enlisted to help out Norwegian shipping tycoon Coco Jacobsen again as a Sopranos-style money laundering operation threatens the shipping magnate's business. Funny and tongue in cheek, and yet a brilliant insight into how shipping transactions actually happen, Exit Strategy makes a potentially dry topic exciting and touches on key issues du jour such as ESG and decarbonisation. -Splash Extra, September 30, 2020, https: //splash247.com
Author Information
Matt McCleery is the President of Marine Money and Managing Director of Blue Sea Capital, Inc. where he advises shipowners and investors on ship financing and investment transactions. He can be reached at mmccleery@marinemoney.com.
