Kingdom Holding Company

http://www.kingdom.com.sa/

"Kingdom Holding Company

 The World’s Foremost Value Investor

Welcome to the online home of Kingdom Holding Company – one of the world’s most successful diversified investment holding companies. Based in Riyadh, Saudi Arabia, Kingdom Holding Company (KHC) is a publicly listed company on the Tadawul (Saudi Stock Exchange). KHC is comprised of a select team of experienced investment specialists directed by HRH Prince Alwaleed Bin Talal, one of the world’s leading investors.

KHC is internationally renowned for its interest in both high performance global brands and strategic regional interests. The company utilizes detailed selection criteria to identify optimum opportunities to invest and realize value from undervalued or underperforming assets nationally and internationally, appreciating potential for the long term. 

 

Investments

Kingdom Holding Company – The Home of Investment

The KHC investment strategy is to identify and support “best of the best” enterprises around the world. We employ detailed selection criteria to maximize long-term returns for shareholders and joint venture partners, and employ an astute approach to realize investment potential in addition to identifying potential assets that are typically undervalued or underperforming, locally and globally through our sound investment strategy.

Through this approach KHC has cemented its position as one of the world’s foremost value investors.

But the real strength of the overall KHC portfolio lies in sector diversity. We have major interests in investment categories ranging from luxury hotels and real estate to media and publishing, entertainment, finance and investment services, social media and technology, consumer and retail, petrochemicals, education, private equities, health care, aviation, – even agriculture. KHC is among the world’s largest and most diverse investors, with regional and international holdings in many key industries. We are recognized as one of the largest foreign investors in the United States. We are also active in Africa, an emerging market and growing economic power offering nearly limitless potential.

KHC regularly extends its portfolio to include new opportunities. Current holdings shown do not define the limits of the company’s investment ambitions...."

 

Kagiso Tiso Holdings

"Investment Approach

KTH (through its legacy companies KTI and Tiso), boasts a track record of investment performance and creating long term sustainable shareholder value. Historically, the group’s impeccable BEE credentials allowed them to partner with strong companies (as an empowerment partner) and assisted those companies to create wealth for all shareholders. As a result, KTH currently has a portfolio of investments comprising market leading companies across key sectors. With the creation of KTH, the group is now poised to leverage this experience to become a leading investment company across Africa.

KTH focusses on investing in companies in specific sectors with strong, involved management teams. We aspire to become active shareholders of reference in our portfolio companies, through participation at board level and the various sub-committees. These companies are generally, high growth or cash generative and meet our investment criteria of inter alia generating market related returns for KTH. We maintain a long term horizon and can therefore partner with companies through-out cycles without any pressure to exit.

KTH sees the African continent at its primary market and will seek to manage a portfolio spanning across various sectors on the continent.

We adhere to the strictest code of ethical and professional conduct as an organization and ensure that through our participation in various corporate governance structures of our investee companies, the highest standards of corporate governance are adhered to. KTH believes it can be a catalyst for the transformation of our society by assisting to drive a broad based transformation agenda in our portfolio companies. We are equally proud of the charitable work and social agenda of our key shareholders and seek to invest in companies that share these values..."

http://www.kagiso.com/about.php

Tana Africa Capital

Tana Africa Capital is an Africa-focused investment company founded by E. Oppenheimer & Son International Ltd and Temasek. Through the medium of capital and business building support, Tana aims to build African business institutions for generations to come. In doing so, Tana is able to draw on the rich heritage, vast experience and extensive networks of its founding shareholders as well as the on-the-ground African knowledge and operating experience of its management team. Like its namesake, Ethiopia’s Lake Tana (the source of the Blue Nile), Tana aims to serve as a fount of development, leaving an enduring, tangible and positive legacy on the businesses which it supports.

Investment Approach

Tana’s investment approach is predicated on the following three core principles:

Active Investment Management

Tana is an active, value orientated investor that engages positively and in a collaborative fashion with the boards and management of the companies in which it invests. Tana prioritises the institutionalisation of business practices such as business leadership, financial discipline, operational excellence and sound corporate governance. In doing so, it is able to draw on its investment team’s deep experience in strategy and operations across Africa.

Long-Term Investment Focus

The value-adding, partnership approach is supported by the fact that Tana limits the number of companies in which it invests, focusing its efforts on companies that can serve as platforms for domestic and regional expansion. Developing such enduring businesses will, at times, require the adoption of lengthy investment time horizons. The flexibility that Tana has in terms of investment holding periods originates from the fact that it has been established as an evergreen investment company and has as its founding shareholders investors that have achieved great success from eschewing the short termism that dominates much of the investment world.

Clear Sector Focus

Tana’s investment activities are focused on two primary sectors: Consumer and Agriculture. This clear sector focus brings with it deep industry expertise and extensive networks, greatly enhancing the positive impact that Tana can have on the companies in which it invests. 

Focus Sectors and Investment Criteria

Tana invests between US$20 million and US$75 million to acquire significant minority or control equity positions in established businesses across Africa that operate within the Consumer and Agriculture sectors.

Consumer Focus

Companies well positioned to meet the consumption needs of Africa’s young, energetic and growing population are core to Tana’s Consumer sector focus. There is tremendous economic and social value in satisfying the food, beverage and personal care consumer good needs of the African populace, providing the building materials required to house the growing number of households, and offering the logistical support needed to produce and deliver these goods.

Within the Consumer sector, Tana focuses its efforts on:

• Food, beverage and personal care fast moving consumer goods
• Building materials
• Retail
• Logistics

We also consider select opportunities in Consumer Financial Services, Media, Healthcare and Education.

Agriculture Focus

Africa, which has the largest reservoir of undeveloped arable land in the world, will play a pivotal role in the decades ahead in ensuring that the food requirements of a rapidly growing world population are met. Tana will be there to support the development of the crucial Agriculture sector, investing along the agricultural value chain from agricultural inputs (fertilizer, crop protection and equipment) to downstream opportunities in processing, storage and logistics.

Investment Criteria

Tana has a preference for companies operating in these sectors that have the following characteristics:

• Talented and visionary entrepreneur/majority shareholder/management team
• Large, addressable and rapidly growing market
• Minimal public sector dependency
• Attractive industry structure with proven, profitable and sustainable business model
• Highly scalable business with standardised and repeatable processes
• Internal expansion opportunities, as well as potential for add-on acquisitions
• Distinct competitive advantage driving strong market position
• Clearly identifiable and implementable levers for value creation
• Appropriate corporate governance

WDB Investment Holdings

"WDBIH is a private enterprise formed in 1996 with an overarching purpose of making a difference in the lives of rural women and communities. The main beneficiary and shareholder in WDBIH is the WDB Trust. The WDB Trust focuses on the social and economic upliftment of rural women and households, principally by providing micro-enterprise credit and business skills training to aspiring female entrepreneurs. The WDB Trust and  the micro-finance programme was established in 1991.

Our key investment objectives are to:

• Make equity investments in established and growing businesses
• Build a sizeable capital base for our constituency
• Generate regular cash flows for the WDB Trust
• Have meaningful operational and strategic influence in our investments
• Achieve sustainable returns in our investments
• Establish long term partnerships and relationships
• Drive sustainable transformation within our investments with regards to women representation in executive roles, employment equity, skills development and procurement from small businesses

Investment Mandate

WDBIH’s mandate is to grow its portfolio of investments as well as generate sufficient cash flow in order repatriate dividends through to the WDB Trust to fund its programmes. WDBIH has equity investments in key sectors in South Africa including industrials, life insurance, banks, oil and gas, real estate, media and basic resources. WDBIH’s mandate is to further diversify and grow its portfolio by investing in key strategic sectors in SA.

WDBIH adds strategic value in its investments through board representation, facilitating women empowerment and skills transfer, working with our corporate partners in their enterprise development initiatives.

Investment Criteria

• Targeted sectors: Food and Agriculture, Residential and Commercial Property, Media & Telecoms and Technology, Education, Renewable Energy/Utilities, Healthcare and Pharmaceuticals, Retail, FMCG and Diversified Industries.
• Target equity returns: WDBIH seeks to make equity investments in growth businesses that generate cash, and seek market and sector related IRR’s.
• Investment horizon: We maintain long term investment horizons, taking a longer strategic view of our investments, through various cycles, without the pressure of an exit.
• Investee company profile: We invest in businesses with growth, strong cash generative ability and healthy dividend flow.
• Efficient use of capital: We seek to maximize our capital return by reducing our cost of capital, through a combination of debt (including vendor and third party funding) and own equity.
• Investment level: we seek to hold all our investments at holding company or group level...."

 http://wdbinvestments.co.za/

Zico

"Strategic Focus

Our growth strategy shall be realised through participation in established companies whose strengths are measurable and that will contribute to future wealth maximisation, within the following sectors:

• Automotive (motor retail and allied services)
• Operational services, which include specialised security, cleaning, laundry, hygiene, pest control and fumigation
• Media and advertising
• Human capital recruitment, training and development
• Financial services
• Infrastructure and manufacturing
• Mining and resources
• Alternative energy

Investments outside the above areas will be considered if they provide lucrative returns and provided we can add real and meaningful value in nurturing and growing such investments. Excluded in our investment mandate are sectors where there is a lack of clear competitive advantage or where we do not see ourselves adding significant value over the investment period.

Transactions that Zico will participate in include:

• Joint ventures
• The acquisition of strategic equity interests
• Privatisation, restructuring or unbundling initiatives
• The provision of expansion capital, replacement capital or acquisition capital
• Management buy-outs and leveraged buy-ins..."

http://www.zico.co.za/pages/Default.aspx