Mike Soertsz
Principal Fund Manager, Investor, Yachting Enthusiast
Mike Soertsz leads HelmShare, a seasoned entrepreneur and sailor with a history of building deep technology in the finance and banking sectors. He has assembled a team of experienced professionals across the maritime, investment management, finance and technology sectors to develop the Fund.
Background
- 15+ years in startups and technology, building technology and models for banking and finance.
- Over 10 years experience with venture capital and high net worth fundraising.
- International compliance and corporate structuring experience.
- 10+ years experience sailing and chartering yachts.
Elsewhere
Articles by Mike Soertsz
- Charter income returns capital before it earns anything, and the residual decides which
- The hurdle a charter yacht has to clear is 2.85 per cent real, and it rose this month
- The revenue split is the least informative number in a charter management contract
- Yield on cost: how yacht funds are rewriting acquisition strategy
- The charter rate card is the smallest number in the transaction
- Season and location move the charter rate by more than half
- Charter utilisation is 20.8 weeks, and the number that matters is narrower than that
- Where the capital is actually moving, and what the marine data says about it
- Central banks bought a record quarter of gold into a falling price
- The monetary reset is being built, and it is 99.5 per cent dollar
- When the finance ministry sets the long rate
- Divide the annual cost by days aboard and yacht ownership changes shape
- Depreciation is the largest cost in yacht ownership, and most of it lands in three years
- What a berth costs, and why it sets the floor under every other line
- Yacht insurance is quoted as a percentage, and the percentage moves four-fold
- The yard bill compounds, because six surcharges sit on top of the base rate
- Why the wealthy own assets that produce cash distributions
- Oil shocks and real assets: when energy is a cost, not a hedge
- Is the illiquidity premium real? What the evidence shows
- Invest like the 1%: what access to private markets means