Track Record

A decade proven

Over USD 100 million deployed across multiple market cycles. Over 75+ transactions completed with discipline and precision. Historic equity returns ranging from fifteen to thirty percent and beyond.

75+

Transactions completed

15–30%

Historic equity IRR

$100M+

Cumulative volume

Past performance is not indicative of future results.

Timeline

How we built this from the ground up

The foundation was laid with discipline and clear intent. We acquired our first vessels and built the operational infrastructure that would sustain us through the years ahead.

2011–2014

Foundation

CapeShore was founded with a singular purpose. We completed our first vessel acquisitions and established the technical management partnerships that would define our approach.

2015–2018

Scale up

We moved beyond single transactions into systematic sourcing. 50+ transactions and counting, with deep partnerships that allowed us to move with speed and precision.

2019–2022

Resilience

Navigated COVID-era dislocation, executed opportunistic distressed purchases and exits, and maintained a 100% debt-repayment track record.

2023–2025

Institutionalisation

We transitioned to an institutional fund structure and brought in institutional-grade service providers. HighWater Capital was launched to serve serious capital.

Strategy Track Record

Our Two Investment Strategies

Short-Term Track record

Buy→Sell

Targeting short-duration trades in liquid segments to capture pricing dislocations.

Strategy Lens

‍Active acquisition and disposition of vessels around short-term market dislocations
‍Selective use of leverage with equity typically 10–35% of vessel value
High-velocity trade cycle focused on rapid recycling of capital

* For detailed, deal-by-deal breakdown (including entry/exit dates, leverage profile & transaction-level returns), please refer to Track Record Annexure / full performance document. Past performance is not indicative of future results.

Onboard for full track record

93.8%

Win rate

217.4%

Annualized ROI

42.1

Days average hold

Mid-Term track Record

Buy→Operate→Sell

Owning and operating vessels through a full earnings cycle to capture both income and capital appreciation.

Strategy Lens

Acquisition of undervalued assets near or below replacement cost
Exit timing driven by asset-price recovery and market tightness
Operational optimisation through active employment and technical oversight

* For detailed, deal-by-deal breakdown (including entry/exit dates, leverage profile & transaction-level returns), refer to Track Record Annexure / full performance document. Past performance is not indicative of future results.

Onboard for full track record

35.1%