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Portland JSX writes down two investments, losses expand ninefold - Vimarsana News

Portland JSX writes down two investments, losses expand ninefold

Portland JSX Limited, a fund that invests in privately held companies in Jamaica and Latin America, has slipped deeper into losses that were nine times worse than a year ago. The fund’s annual results for year ending February 2024 were exacerbated...

Crunch time for Portland's Merqueo investment | Business - Vimarsana News

Crunch time for Portland's Merqueo investment | Business

Robert Almeida, manager of investment fund Portland JSX Limited, thinks that its multimillion-dollar financing of fast-growing online grocer Merqueo might go to nought, following the lapsed initial public offering, which would have provided a way...