Title: The Boroka Proposition: Assessing the Feasibility of a Private Tropical 40 Program within an Exclusive Caribbean Framework
Subject: Analysis of deploying the Private Tropical 40 (PT40) investment vehicle as a Caribbean-exclusive offering.
The Exumas, Bahamas: Home to private cays that offer the "40 Boroka" feel—vast stretches of turquoise water with no one else in sight for miles. Is It Worth It?
Recommendation: Launch PT40-C as a pilot with $50M AUM, targeting 25-30 family offices. If the pilot absorbs two hurricane seasons without NAV drawdown >15%, scale to full offering.