VM Group Limited has its feelers out for attractive businesses to buy, on the heels of the $11 billion raised on the private market from an offer of preference shares through new entity VM Financial Group.

President and CEO of VM Group Courtney Campbell says the financial conglomerate will first seek to complete the acquisition of 100 per cent shareholding in Republic Funds (Barbados) Inc – a deal it has been trying to close for some two years – after which it will begin the hunt for larger deals in Jamaica and the rest of the Caribbean.

“Having completed the reorganisation and secured this additional capital, we go to the second move. We will be in a better position to execute on partnership opportunities across the region,” Campbell said during a special meeting of VM Group held on Thursday in lieu of the customary annual general meeting of the VM Building Society following the restructuring of the group.

The first annual meeting for VM Group Limited will be h

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