Venulum’s Castaways bar in Tortola’s capital Road Town highlights the group’s active commitment and involvement within the BVI community.
Castaways is the Venulum Group’s first bar in the British Virgin Islands. Giles Cadman, Chairman of the Venulum Group (a BVI headquartered multi-national private wealth management firm, www.venulum.com) also wanted to put something back into the BVI community. Castaways, which employs eight local people, is one of a number of projects that Venulum has been practically involved with in boosting the local economy and the environment.
Castaways, situated in the heart of Tortola’s capital Road Town (opposite the ferry dock), is a comfortable, laconic venue that fits a niche for the local and ex-pat community in the business district. The bar is air-conditioned and boasts a wide selection of drinks and bar snacks, widescreen TVs and a fantastic roof terrace with a refreshing sea breeze. It’s the perfect place to unwind, watch the game, or for a big night out at the end of the week.
Castaways opened in late 2007 starting steadily and continues to focus on developing the comfort and range of refreshments and services available to its patrons. 2009 promises to be an exciting year for the venue with a number of new initiatives being launched. Castaways will shortly be spreading its appeal to cruise ship tourists by introducing a lunchtime menu.
Venulum is also a major shareholder in Caribbean Sustainable Fisheries (CSF), a BVI-based aqua culture company that aims to sustainably farm Caribbean Spiny Lobsters. The underlying principle behind Caribbean Sustainable Fisheries is biological neutrality – to create a scalable, sustainable lobster-farming model that can be reproduced throughout the world – whilst making a solid contribution to the local economy. This project is currently entering its commercial phase and hopes to produce its first commercially sized lobsters in 2009.
The Venulum Group is a multinational private wealth management firm headquartered in the British Virgin Islands. The Group manages the wealth of high net worth individuals, and specializes in alternative investments often not available to the general public. Venulum helps high net worth individuals balance their portfolios.
The Venulum Group was formed in 2002, and has expanded to include offices in four countries. Since 2002 Venulum’s client base has grown steadily, and now has a substantial number of United States based clients.
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