Co-Founders Message

A Message From Jay Ponce-Enrile

A few years ago, my family charged me with reviewing the performance of our offshore investments. They were scattered in various places around the world with the assets placed in insurance vehicles that protected their tax free growth.

It was a sobering experience because the assets placed within were mainly private equity and hedge funds. The redemption periods could be as long as one year and at best, three months. During that time, it was possible that their values could drop further and we would still have to pay for their original and ongoing commissions.

How many Filipino families are in a similar situation? How many have had capital placed with a private bank but are invested in illiquid assets? Was the quality of service experienced commensurate to their financial commitment? How many feel detached from the management of their portfolio?

Providere was founded to provide a long term, liquid, tax free growth solution within a trust structure that gives clarity and protection for families. Every Providere client will be allocated a highly trained account manager and will have face to face meetings with our Chief Investment Officer and our CEO.

No commissions will be taken on assets purchased within the insurance structures, just a straightforward management fee. Because of this, our portfolios can be liquidated overnight, a powerful benefit indeed.

You will have access to an online valuation service and all documentation will be available through a cloud account.

Let me be clear, the Ponce-Enrile family are not investment advisers. We are your gatekeepers, constantly seeking world class opportunities whilst looking to protect your financial well being at all times.

Our prime directive is merely to help financially secure future generations of Filipino leaders, by offering a low cost, flexible solution that is transparent, accountable and endorsed by a first class and experienced local service.

 

Jay Ponce-Enrile
Co-Founder