# JVCAPITAL

JVCAPITAL is a Government / Public Body based in Kingston, Jamaica.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Kingston, Jamaica
- **Region:** Latin America
- **Address:** Kingston, Jamaica
- **Assets under management:** Undisclosed
- **Website:** http://www.venturecapitaljamaica.com

## Regulatory record

- **Reports private funds:** No

## About

JVCAPITAL is a government agency based in Kingston, Jamaica. It manages approximately $100 million in assets across one fund. Its regional focus is on Latin America and the Caribbean.

## Sectors

- Real Estate
- Infrastructure
- Venture Capital
- Private Equity
- SME Financing

## People

- Audrey Richards — Founder / Architect

## Questions

### Is JVCAPITAL a fund or a government program?

JVCAPITAL is a government program housed within the Development Bank of Jamaica (DBJ), not a standalone fund or legal entity. It functions as a catalytic facilitator, using the DBJ's balance sheet and convening power to structure co-investment vehicles that attract private capital into Jamaican SMEs, real estate, and infrastructure. Its mandate is developmental — building market infrastructure and demonstrating investment viability to a traditionally risk-averse local financial sector.

### How does JVCAPITAL relate to CARAIA?

JVCAPITAL was a founding member of the Caribbean Alternative Investment Association (CARAIA), the region's primary industry body for private capital. CARAIA was established as a successor organization to continue the ecosystem-building activities that JVCAPITAL initiated. This reflects a deliberate strategy to institutionalize the market infrastructure beyond the direct reach of the Development Bank of Jamaica.

### What investment stages does JVCAPITAL typically target?

JVCAPITAL targets a broad range of stages. Through the FirstAngelsJA Investment Readiness Programme, it covers the pre-seed and angel stage. Its direct investments span growth equity and project finance across real estate, mixed-use development, and infrastructure. The program's mandate is to fill gaps across the entire capital stack where private investors have been absent, making stage coverage intentionally broad and opportunistic.

### What is JVCAPITAL's known posture on co-investments alongside external GPs?

Co-investment is JVCAPITAL's core operating model. The program was designed specifically to bring in external GPs, angels, and institutional investors as co-investors, using the DBJ's participation to de-risk deals and demonstrate viability. Its founding of CARAIA and partnerships with organizations like LAVCA and GPCA signal active efforts to connect Jamaican deal flow with external fund managers.

## Related profiles

- [JV Financial Group](https://altss.com/profile/jv-financial-group)
- [JVCKENWOOD Group](https://altss.com/profile/jvckenwood-group)

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Last updated: 2026-06-03T20:00:00.000Z

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