Authorised Thoroughbred Syndication
What does this mean exactly?
Syndication is a method of sharing ownership in a horse (thoroughbred) whereby the syndicator (Fortuna) sells shares to investors.
Fortuna Ltd is a Limited Liabilty Company. Its Director, John Galvin, is an Authorised Thoroughbred Syndicator, approved as such by New Zealand Thoroughbred Racing. This Authorised status is reviewed by NZTR every two years.
As an Authorised Syndicator, Fortuna and John Galvin abide completely by the NZTR Code of Practice established under the Securities Act ( Bloodstock) Exemption Notice 2002.
Specific services provided to Fortuna clients are listed here.