Watercress
Capital
First independent asset management company of the Maldives.
Consult for free no payment required.
What we do.
While our services are typically tailored to custom requirements, we classify our solutions as follows.
Investment Advisory
We offer customized investment policies serving as a roadmap with clear investment parameters that balances your need for safety and your desire for growth.
From concept to execution, we provide investment solutions, small and large. Refined methodology and strategic financial technologies help network and combine resources for maximum ROI.
Wealth Management
From acquisition to liquidation, we offer asset and wealth management services to help families manage, grow and preserve wealth across generations. We dive deep to understand your family’s unique financial circumstances and objectives to create a customized plan for your family.
State of the art analyses and frameworks minimize risk and ensure optimum performance of your wealth. Be it acres of property or a fleet of vessels, conveniently track your wealth with innovative tools and reporting.
Research and Valuations
We provide valuation services for businesses and assets. With the latest in analysis tools and processes, qualified experts measure and assure the value of assets. Ensure the accuracy of your valuations with data rich processes and deep industry knowledge.
Financing and Consultancy
Our expert teams are ready to consult your every organizational need. We consult on financial instruments and best practices to identify and acquire funding that best fit your operations. Services span across risk, marketing, operational, financial, legal, human resource and web consulting.
Level up your wealth with our well trusted instruments for risk and profit management.
Venture Capital
for the innovative
We aspire to equip innovative businesses with the capital and expertise required to successfully build world class organizations that bring positive changes to the economy. With this in mind, we provide founders and businesses seeking growth with the necessary guidance and capital at pre-seed, seed and beyond.
Our rigorous framework for analyzing investments ensures that only businesses with the best chance of success get nominated. The businesses eligible for funding are rated by our investment committee consisting of experts from key areas such as investment management, accounting, marketing, technology, business development and industry experts.
The selected beneficiaries are provided with the support they require throughout the journey to grow their business. This ensures our ability to provide adequate return on investment for the investors backing these businesses.
If you have a business idea, and are passionate and driven, we would like to hear from you.
Meet the team.
The first licensed Investment Advisor of the Maldives, and the appointed investment advisor and representative for the Watercress Growth Fund, Miras provides investment advisory, conducts market analysis and fundamental analysis as a researcher.
With numerous years of experience in the finance sector, Miras is an ex-banker and a strong advocate and practitioner of Islamic Finance. He provides financial consultancy including equity valuation for private and public entities.
Leading the continuous enhancement of our policy frameworks and compliance standards, Shai assures organizational best practices and minimizes the risk factors for Watercress Capital and our clients.
Shai previously served as the Head of Risk and Compliance at the Maldivian Monetary Authority, and is the co-founder and CEO of Achievia Consultancy. She continues to consult private and public entities on risk, business development, compliance and strategic management.
With combined entrepreneurial experience in business development, project management, marketing and accounting, Sahaa oversees the operational process, business development and public relations of the organization.
With over a decade of consulting experience, Sahaa has contributed to the development and growth of several private sector organizations by leveraging a diversity of connections across industries to mobilize the right arrangement of resources.
We are the first independent asset management company in the Maldives registered in 2016 in the Capital Market Development Authority (CMDA).
Asset Management Company
License No. CMDA/2016/IA-2
Our Watercress Growth Fund was registered also in the same year with the aim of providing investors an avenue to grow their investments.
Watercress Growth Fund
License No. CMDA/2016/IF-1
To ensure that you are investing through a legitimate business registered at the Capital Market Development Authority, visit the CMDA website , on the menu, under Licensing, select Registered Intermediaries to search for businesses with the different licensing provided by the CMDA.
An investment advisor is a person or a company that provides investment advice to individuals or companies about investing in securities and other investment products. Investment advisors need a license from the CMDA to provide the service. Each investment advisory firm needs to have an investment advisor and each investment fund needs to have an investment advisor allocated to that fund, according to the CMDA regulations.
The investment advisor for Watercress Capital is our Managing Director, Mr. Hassan Miras who is also the designated investment advisor for the Watercress Growth Fund.
Islamic Financing is financing activities that must comply with Shariah and also refers to investments which are permissible under shariah. The main difference between conventional financing and islamic financing is that some basic concepts in conventional financing such as interest, speculations, investing in prohibited activities, uncertainties and risk are not allowed in Islamic Financing and investing.
The main types of financing arrangements under islamic financing are Mudarabah (Profit-and-loss sharing partnership), Musharakah (Profit-and-loss sharing Joint Venture) and Ijarah (leasing). The major investment vehicles used are Equities and Fixed Income Securities. Sukuks in Islamic Financing are the equivalent of Bonds in conventional financing, however it represents a partial ownership in an asset, not a debt obligation.
Let’s schedule
a meeting!
We look forward to hear from you to discuss how we can help you.
Consult for free no payment required.