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OVERVIEW : I Squared Capital Advisors, LLC is a private equity firm specializing in infrastructure investments. It invests in energy, utilities and transportation sectors. It seeks to invest
in India, China, North America and Europe. It seeks to invest between $125 million and $400 million. I Squared Capital Advisors, LLC was founded in 2012 and is based in New York, New
York with additional offices across North America, Europe, and Asia. It is NOT a listed company
I SQUARED CAPITAL
Looking at risk-
adjusted annual
returns between 15%
and 20% from the
road sector
AWARDS
In 2016, I Squared won six awards from Infrastructure
Investor, the leading magazine for the industry,
including:
"Global Personality of the Year"
"Global Fund Manager of the Year"
"Global Fundraising of the Year"
"North America Fundraising of the Year"
"North America Fund Manager of the Year"
"Asia Pacific Transport Investor of the Year"
1. Cube highways(transportation):
Cube Highways is a joint venture between I
Squared Capital and International Finance Corp.
(since In Oct 2014), the private investment arm of
the World Bank. Singapore based company
investing in road and highway projects, along with
select other infrastructure sectors in India .
2. Cube hydro (energy): Enduring Hydro formed
Cube Hydro Partners, LLC (“Cube Hydro”) with I
Squared Capital, LLC (“ISQ”), a global
infrastructure private equity fund on January 17,
2014. Cube Hydro is now an ISQ portfolio
company which combines the hydro expertise of
the former EH team with the financial expertise of
ISQ
US$3.8 billion
Assets under
management
I Squared Capital raised $3 billion in a global fund (ISQ
Global Infrastructure Fund) that would invest in assets
across several market. That corpus has now grown to
US$3.8 billion. The fund has so far made nine
investments across 22 individual assets.
GLOBAL INFRASTRUCTURE FUNDS
Investment platforms
I SQUARED CAPITAL
Office locations : New York, Houston, London, New
Delhi, Hong Kong, Singapore
When Investment Amount invested
Jan 2016 100% stake in Western UP Tollway Ltd US$ 85 million
Oct 2015 100% stake in Madhucon Agra Jaipur Expressways Ltd US$ 37 million
2015 Invested in Amplus Energy Solutions Pvt. Ltd (sets up
distributed solar power generation projects in India)
US$ 150million
May 2015 100% acquisition of Jaipur Mahua Tollways Pvt. Ltd, a
road project in Rajasthan
US$ 85 million
Jun 13, 2016 (In NEWS)
I Squared will invest in road assets worth US$ 1.2 billion through Cube Highways. Out of the
planned US$ 1.2 billion commitment, Cube Highways plans to have 70-75% of its assets in the
road sector and the rest in other sectors like logistics, warehouses and wayside amenities. and in
assets worth US$ 300 million to its rooftop solar platform Amplus Energy Solutions
June 22, 2016 (In NEWS)
I Squared Capital and India’s Tata Realty and Infrastructure Ltd (TRIL) are among the buyers
in race for acquiring the 18.4-km two-lane bypass road project at Durg, Chhattisgarh, from
IDFC Alternatives and Nagpur-based infrastructure company SMS Ltd
Future projects(India)
Investment Portfolio India Presence
Global Presence
Ireland: In March 2016, the company struck a deal to buy the Irish
power company Viridian for about US$1.1 billion. Viridian provides
about 20% of power to Ireland.
North America: In January 2016, I Squared acquired Lincoln Clean
Energy (Lincoln), a developer, owner, and operator of wind and
solar projects in North America.
New Mexico: On 31 December 2015, I Squared purchased the 220
mile pipeline gathering system owned by WPX in the San Juan
Basin. The purchase price was reported to be $285 million USD in
cash.
China: In September 2014, I Squared acquired majority interest in
Jiangsu Province Jiaqing Water Services Co., Ltd.
Ohio: In June 2014, I squared acquired 100 percent interest in DTE
CoolCo, LLC (“CoolCo”) from DTE Energy Services, Inc.
OVERVIEW : KGL Investment Company K.S.C.C. is a private equity and venture capital firm specializing in investments in seed/start-ups, early venture, mid venture, middle market,
growth capital, expansion capital, and buyouts. It seeks to invest in in mid-sized platform companies in the logistics and infrastructure; infra-logistics companies and related operations;
transportation; oil and gas exploration and production; funding; petroleum; energy and power; other diversified sectors; and port and port related logistic businesses in emerging
countries. It seeks to make investments in companies that offer air, sea, and land freight forwarding, project logistics, port management, stevedoring, warehousing and distribution and
logistics infrastructure. The firm seeks to invest in the Middle East, Asia, Africa, MENA, GCC, Eastern Europe, and ASEAN regions. It typically invests between $20 million and $500
million. The firm has a medium to long-term investment period with an average holding period of five to eight years. KGL Investment Company K.S.C.C. was founded in 2006 and is
based in Sharq, Kuwait with additional offices in the Netherlands and Manila, the Philippines. It is NOT a listed company
KGL Investment Company
achieved
10% IRR
No India
presence
SECTORS
Advisory
services
Petroleum
Fundin
g
Infrastruct
ure
Transportation and
Logistics
GLOBAL PRESENCE
Investment Philosophy
By investing in the infrastructure and logistics sectors in emerging countries, KGLI
seeks to take advantage of growing economies and lucrative sectors within them.
Investment Strategy
Portfolio Company Profile: Midsized companies with target deal sizes of USD 250
mm to 500 mm.
Holding Period: Medium to long-term investment period with an average holding
period of 5 to 8 years.
1. Petrolink Holding Company - Oil and gas company of KGL investment
- It was established in 2007
2. The Port Fund: - It was established in 2007
3. KGLI Asia - It was Established in 2011
- Provides qualifying support services including, the below:
a. Corporate finance advisory services
b. Business planning and coordination
c. Business development
e. General administration and planning
f. Marketing control and sales promotion
g. Training and personnel management
h. Research and development services
i. Product development
COMPANIES
The Port Fund (the Fund), established in 2007, is a private equity fund sponsored by
KGL.
The Port Fund presents both institutional and private investors the opportunity to invest
in the ports, maritime and infralogistics related industries positioned within strategic and
rapidly expanding markets.
Fund represent all Gulf countries and provide the Fund an
extensive network of strategic contacts beneficial to the successful management of the
Fund.
KGL Investment Company
The Port Fund has achieved over a
20% net annual return since inception.
Ports, port-related logistics, freight forwarding
companies and companies specializing in
intermodal transport
TARGET
The Port Fund
THE PORT FUND PORTFOLIO INVESTMENTS
Dominant Shipping and Logistics Platform
Opportunity in SE Asia
Provides the Port Fund with the opportunity to invest in and
benefit from one of the leading, and the most profitable
transportation, shipping and port management companies in
SE Asia
Port Management Company in Egypt
Build-Operate-Transfer (“BOT”) concession with local ports authority
$800 million project to develop 4+ million TEUs of throughput in two
phases
Construction of Phase I to be completed by 2012
2,400 meters of quay length; 17-meter draft
22 STS gantry cranes and 50 rubber-tire gantry cranes
In Dec 2010, the Port Fund announced
that its portfolio company Negros
Navigation Company, Inc., a Philippines
domestic shipping and port company,
had entered into an agreement with
Aboitiz Group, being the controlling
shareholders of Aboitiz Transport
Systems Corporation (ATS), under
which it intends to acquire up to 100
percent of the outstanding common
shares of ATS and commence a tender
offer in the Philippines for all such
common shares, for the Peso
equivalent at closing of 105 million US
dollars in cash.
Clark Field Project (Philippines)
• Development of the 177-hectare Sabah Al Ahmad Global
Gateway Logistics City (GGLC) at the Clark Freeport Zone
• Investment: US$ 3 billion
•to be completed by 2017,
Investment in Philippines
Investment in transport and logistics company 2Go Group
IFM INVESTORS
OVERVIEW: IFM Investors Pty Ltd is a privately owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, insurance
companies, and non-U.S. government entities. It manages separate client focused equity and fixed income portfolios. The firm also manages superannuation funds, infrastructure
funds, private equity funds, and equity mutual funds. It invests in the public equity and fixed income markets across the globe. For the equity portion of its portfolio, the firm invests in
small cap equities of the firm. It typically invests in infrastructure sector and also makes responsible investing. It benchmarks the performance of its portfolio against the MSCI World
Index. The firm conducts in-house research to make its investments. It was founded in 2004 and is based in Melbourne, Victoria with additional offices in Berlin, Germany, London,
United Kingdom, New York City, Sydney, Australia, and Japan, Tokyo. FM Investors Pty Ltd operates as a subsidiary of Industry Super Holdings Pty Ltd. It is NOT a listed company
29%
21%
46%
4%
Asset Mix
Debt Investments (US$ 15b)
Listed equities (US$ 11b)
infrastructure- Global Infrastructure Fund (US$ 24b)
Private capital (US$ 2b)
IFM seeks investments that make sense on a risk-return basis for like-minded, well-capitalised
institutional investors, which include:
1. Pension funds(owned by 29 Australian non-profit pension funds)
2. Non-pension investment funds
3. Government entities, including sovereign wealth funds
4. Endowments and foundations
5. Universities
6. Insurers
Investment approach
Target investments with reliable revenue streams that have a link
to inflation and/or participate in economic growth, and focus on
countries with established regulatory environments and strong
rule-of-law.
Invest patiently and
strategically with returns
measured across decades
IFM infrastructure
funds are open-ended.
This allows long-term
liabilities to be exposed
to long-term
investments.
US$ 51bn
funds under
management
Responsible
investment
considerations
are embedded in
the investment
decision-making
processes and are
benchmarked
against global
best practice.
No India
presence
IFM INVESTORS
Global
Presence
NORTH
AMERICA
5 assets
AUSTRALIA
17 assets
EUROPE
6 assets
INFRASTRUCTURE ASSETS
Education
(1 asset)
Energy
(2 assets)
Pipeline
(1 asset)
Healthcare
(1 asset)
Electricity
transmission
and
distribution
(2 assets)Transportation
(marine ports,
airports, roadways,
railways)
(15 assets)
Water
supply
(2 assets)
Broadcasting
(1 asset)
Infrastructure Asset Portfolio (Total 28
assets)
• Invested for 100% stake in
Indiana Toll Road in 2015 (North
America). Sold 10% interest to
California Public Employees’
Retirement System in 2016
• Invested in Conmex in 2015
(North America ) . Conmex is the
company responsible for the
operation of a 69-mile private
toll road
• Invested in Eastern Distributor
(M1) in 2000 (Australia)
The M1 benefits from a 48 year
concession to 2048.
•Invested in Interlink Roads (M5)
in 1998 (Australia). Interlink
Roads holds a 33-year
concession of the M5 toll road
to 2026.
• Invested in Vienna International
Airport taking its total holding to
over 38%. Vienna Airport is
Austria's biggest airport
• Invested for 35.5% stake in
Manchester Airports Group in
2013. It is the largest UK-owned
airport operator
• Invested in Adelaide Airport
in 2002 (Australia)
• Invested in Brisbane Airport for
13.8% stake in 1997 (Australia)
• Invested in Melbourne Airport
in 1997
• Invested in Perth Airport
in 1997. Perth Airport is Australia’s
fourth largest airport by passenger
numbers.
• Invested in Port of
Brisbane in 2010. It is
Australia’s fastest
growing container port
• Invested in Port Kembla
in 2013. It is the largest
vehicle import hub in
Australia
• Invested in Port Botany
in 2013. Port Botany is
Australia's second
busiest container port
OVERVIEW : ASMA Capital Partners B.S.C.(c) is a private equity firm specializing in infrastructure investments. The firm seeks to invest in core infrastructure sectors of energy, power,
telecommunications, utilities, water and waste, natural resources, transportation infrastructure, and will include investment in oil and gas, refinery and petrochemicals, steel and
aluminum, mining, logistics and an allocation for social infrastructure (healthcare and education), and financial services. It invests in the member countries of the Islamic Development
Bank across Asia, Middle East, Eurasia, and Africa as well as selected countries in South‐East Asia which includes a focus on Philippines, Thailand, Vietnam, Indonesia, Saudi Arabia, and
Turkey. ASMA Capital Partners B.S.C.(c) is based in Manama, Bahrain. It is NOT a listed company
ASMA Capital Partners
US$ 2bn
Infra fund
Achieved
investment
multiple of 1.7x
Achieved
IRR of 18%
Power &
Energy
Education
Telecommunication
Transportation
Healthcare
Water and Waste
INVESTMENT
SECTORS
Anchor investors
1. Islamic Development Bank (IDB),
Kingdom of Saudi Arabia
2. Public Pension Agency (PPA), Kingdom
of Saudi Arabia
3. Ministry of Finance, Kingdom of Saudi
Arabia
4. Ministry of Finance, Kingdom of
Bahrain
5. Ministry of Finance, Sultanate of
Brunei Darussalam
IDB Infrastructure Fund
IDB Infrastructure Fund L.P. IDB Infrastructure Fund II
Fund raised US$ 730 million US$ 2 Billion
Launched 2001 2014
Fund term 10 years
Investment
focus
Power, energy, transportation,
telecommunications, mining and industrial
sectors
Big focus on energy and power
projects, followed by transportation
and telecom infrastructure
Geographical
focus
MENA 57 IDB member countries across Africa,
the Middle East and Asia. The core
focus will be on the IDB’s G-20
members: Saudi Arabia, Turkey and
Indonesia
Remarks It made an 18% annualized internal rate of
return with investments including
Malaysia’s AirAsia, the Saudi International
Petrochemical Company and power assets
in Jordan, Oman and Pakistan
It is the successor to the USD 730
million IDB Infrastructure Fund L.P.
The Fund may invest in projects in any member country of the Islamic Development Bank.
India is not a member country of Islamic Development Bank (IDB)
Investment RegionMember countries of IDB (56+3)
ASMA Capital Partners
The basic condition for membership is that the prospective member country should be a member of
the Organization of Islamic Cooperation (OIC), pay its contribution to the capital of the Bank and be willing to
accept such terms and conditions as may be decided upon by the IDB Board of Governors.
Membership requirements
IDB and India
Non member: India, which has the world's third largest Muslim population, had shown an interest in joining the
OIC as a member state at the time of its formation.. While India's potential candidacy is supported by some OIC
members, Pakistan's strong opposition and threat to boycott the OIC has effectively led to India's inclusion in the
OIC being blocked. The Pakistan Foreign Office has argued that India's inclusion in OIC would violate the rules of
the OIC, which require that an aspirant state should not have an ongoing conflict with a member state
May 2016: The Islamic Development Bank (IDB) will open its first branch in India at Ahmedabad, Gujarat. This is a
part of MoU signed between IDB and India’s EXIM Bank during Prime Minister Narendra Modi visit to United Arab
Emirates (UAE) in April 2016.
IDB office in Hyderabad for IDB Scholarship Programme for Muslim Communities in Non-Member Countries
(SPMC): The objective of the Programme is to improve the socio-economic conditions and to preserve the cultural
and religious identities of Muslim Communities in Non-member Countries through developing their human capital
resources.
April 2016: A Mumbai-based NGO signed an agreement with the IDB for implementing a medicare programme in
India
OVERVIEW : Aberdeen Asset Management PLC is a publicly owned asset management holding company. The firm provides its services to governments, national pension schemes,
listed investment companies, foundations and charities, private banks and discretionary fund managers, and retail clients. Through its subsidiaries, it manages separate client focused
equity, fixed income, and balanced portfolios. The firm also manages mutual funds for its clients. It invests in the public equity, fixed income, currency, and property markets across the
globe. With real estate investments, it invests in properties in the Nordic growth regions. Through its subsidiaries, the firm employs fundamental analysis with a bottom-up stock
picking approach to create its equity portfolio. It conducts in-house research to make its investments. Aberdeen Asset Management PLC was founded in 1983 and is based in Aberdeen,
United Kingdom. It is a listed company (London stock exchange) and is a constituent of the FTSE 250 Index
Aberdeen Asset Management
US$ 420 billion
assets under
management
Global Presence (25 countries)
ASSET CLASS
Advisory
services
(Aberdeen
Solutions)
Proper
ty
Equities
Fixed
income
Direct
propert
y
portfoli
os
Multi-
mana
ger
funds
ASSET BREAKDOWN
Under alternatives,
aberdeen has a specialist
direct infrastructure group
focused on Greenfield
infrastructure projects that
are underpinned by long-
term government contracts.
Aberdeen Asset Management
• Fund size: $3,637.9 million
• Fund type: SICAV
• Incorporated :Luxembourg
• Objective: long-term total return
• The Fund invests at least two-thirds of it's assets in
equities and equity-related securities of companies
with their registered office in India and/or of companies
which have the preponderance of their business
activities in India.
• Aberdeen International India Opportunities Fund
(incorporated in Singapore):aims to achieve long term
capital growth by investing all or substantially all of its
assets in the Aberdeen Global – Indian Equity Fund, a
sub-fund of the Luxembourg-registered Aberdeen Global.
Global India Equity Fund
Region %
India 98.75
USA 1.34
UK -0.09
SECTORS %
Financials 19.38
Information Technology 17.01
Materials 16.73
Consumer Staples 16.51
Health Care 11.26
Consumer Discretionary 7.71
Industrials 5.42
Utilities 2.40
Telecommunications Utilities 1.91
Others 1.68
Largest Holdings %
Housing development finance corp 8.10
Tata consultancy services 7.60
Infosys 7.40
ICICI bank 5.90
Grasim industries 5.30
ITC Corp 4.80
Ambuja cements LTC 4.10
HUL 3.80
Global Emerging Markets Infrastructure Equity Fund
• Fund size: US$ 181.7 million
• Objective: long-term total return
• The Fund’s investment objective is long-term total return to be
achieved by investing at least two-thirds of the Fund’s assets in equities
and equity-related securities of companies active in the field of
infrastructure related sectors, and which have their registered offices in
an Emerging Market country; and/or, of companies which have the
preponderance of their business activities in an Emerging Market
country; and/or, of holding companies that have the preponderance of
their assets in companies with their registered offices in an Emerging
Market country
Country
breakdown
%
Country
breakdown
%
India 14.4 Thailand 5.9
Brazil 13.5 Turkey 5.9
HongKong 10.9 China 5.3
Indonasia 7.2 Philippines 4.3
South Africa 6.5 Other 17.9
Chile 5.9 Cash 2.3
Sector breakdown %
Industrials 24.2
Telecommunication services 19.8
Financials 18.9
Materials 14.4
Utilities 8.6
Energy 6.7
Consumer Discretionary 3.5
Other 1.6
Cash 2.3
INVESTORS
22%
35%
15%
9%
12%
7%
Foundations
Pension Funds
Financial institutions and
insurance
Other
Funds of funds
Families and private persons
OVERVIEW : RWB Group is a private investment firm specializing in fund of fund investments. The firm primarily invests in funds specializing in venture capital, mezzanine,
restructuring, distressed buyout, and turnaround investments with a focus on Europe, the United States, China and India. RWB Group was founded in 1999 and is based in Oberhaching,
Germany with an additional office in Innsbruck, Austria. The RWB Group specializes in private equity. It is NOT a listed company
Rendite Wert Beteiligungen
US$ 1.97 billion
Assets under
management
GLOBAL INVESTMENTS
140 international fund
investments
in
16 countries
in
5 continents
INVESTMENTS STRATEGY
• Balanced Portfolio concept
•Strategic Sector Allocation
•standardized investment process
•Thesaurierung- and reinvestment
•active liquidity management
The RWB Special Market Fund (SMF)
are characterized by a promising fund
of funds investment. Different funds
focus on the development of different
regions worldwide growth at parent
investment topics or to specific
industries. The investment activities of
WARC Special Market Fund focuses
between five to ten target funds, which
come from the above topics.
Fund Strategy
Global Market Fund Special Market Fund
Characterized by security-oriented
fund of funds investment. Highest
possible system reliability is achieved
in this sector by the wide spread in
more than 30 international target
funds. These funds account for all
occasions financing of private equity,
and come from several different
inception years.
China I
China II
China III
China IV
Secondary I
Secondary II
Secondary III
Secondary IV
Secondary V
International I
International II
International III
International IV
International V
Funds available
Asia I
Asia II
Germany I
Germany II
Germany III
India I
India II
India III
Funds available
Rendite Wert Beteiligungen
INDIA FUND I INDIA FUND II
INDIA FUND III
INFRASTRUCTURE INDIA FUND I
India Presence
Fund size: $ 64.0 million
Investment portfolio:
1. Nexus India Capital
2. Tano India Private Equity Fund
3. India Agri Business Fund Ltd
4. Peepul Capital Fund
5. Tara India Fund
6. Banyan Tree Growth Capital
7. Gaja Capital Fund
8. Ascent India Fund
9. India Business Excellence Fund
SECTORS:
17%
9%
9%
8%
7%
7%
7%
6%
6%
6%
5%
5%
3%
0% 5% 10% 15% 20%
Industry good
Technology
Food industry
Contruction industry
Other services
Telecommunication
Automobile
Extraction
Pharmaceuticals
Financial and insurance indutry
Transport and Logistics
Consumer articles
IT and software
Fund size: $ 11.0 million
Investment portfolio:
1. Gaja Capital Fund
2. Tara India Fund
3. Banyan Tree Growth CApital
SECTORS:
12%
9%
15%
9%
10%
14%
9%
8%
4%
1%
4%
0% 5% 10% 15% 20%
Industry good
Contruction
Other services
Telecommunication
Automobile
Extraction
Financial and insurance indutry
Transport and Logistics
Consumer articles
IT and software
Management consultancy
Fund size: $ 13.5 million
Investment portfolio:
1. ChrysCapital
2. Tano India Private Equity Fund
3. Banyan Tree Growth Capital
4. Kedaara Capital Fund
Fund size: $ 12.1 million
Investment portfolio:
1. IDFC private equity fund
2. India Agri Business Fund Ltd.
3. Tano India Private Equity Fund
SECTORS:
30%
6%
22%
11%
4%
10%
3%
3%
5%
7%
0% 5% 10% 15% 20% 25% 30% 35%
Energy and water supply
Industry good
Food industry
Contruction industry
Other services
Telecommunication
Pharmaceuticals
Financial and insurance indutry
Consumer articles
Facilities maintenance services
INVESTMENT SECTORS
Sector Subsector Segment
1. Utilities Electricity Transmission, Distribution,
Generation^ (incl. renewables)
Water Distribution, Waste water
Gas Transmission, Distribution, Storage
Oil Pipelines
2. Transport Roads Toll Roads, Toll Bridges, Toll Tunnels
Airports Airport facilities and operators,
Airport services
Rail Track owners, Rail operators
Ports Port facilities and operators
3. Communication Communications
Infrastructure
Fibre, Copper & Cable networks,
Broadcast Towers, Satellites
4. Community /
Social Amenities
PPP Projects Housing, Public Health, Education,
Prisons, Stadia
OVERVIEW : Rare Infrastructure Limited is an employee owned investment manager. RARE is an infrastructure investment manager focused exclusively on global listed infrastructure.
The firm provides its services to trustees of Australian superannuation funds, mutual funds, and investment companies registered outside U.S.A. It manages client focused portfolios.
The firm launches and manages equity mutual funds for its clients. It invests in public equity markets across the globe. The firm specializes in asset class of global infrastructure. It
typically invests in securities of major infrastructure projects and developments such as airports, gas, electricity, water, and roads. The firm employs fundamental and quantitative
analysis with bottom up stock picking approach to make its investments. It conducts in-house research to make its portfolio. Rare infrastructure Limited was founded in 2006 and is
based in Sydney, Australia. As of October 21, 2015, Rare Infrastructure Limited operates as a subsidiary of Legg Mason Inc.
RARE INFRASTRUCTURE
USD 6.3bn
assets under
management
Fund Strategy
Investment Approach
The company’s investment and risk management approach
is reflected in its name – Risk Adjusted Returns to Equity
(RARE)
OWNERSHIP
75% stake: Legg Mason’s(one of the world’s largest asset
management firms)
15% stake: RARE senior management & investment staff
10% stake: Aurora/Treasury Group
RARE Infrastructure
Value Fund
RARE Yield
Fund
RARE Emerging
Market Fund
A global strategy
with a mix between
income and capital
returns
Global strategy
with a focus on
emerging markets
infrastructure
Global strategy
with a focus on
distributing yield
Inception: August 2006
Comprises infrastructure securities in
predominantly developed countries with a
minimum 75% exposure to developed economies
such as the OECD, EU, Hong Kong and Singapore.
RARE INFRASTRUCTURE
Inception: March 2008
Comprises listed infrastructure securities that
derive the majority of their earnings from
emerging economies such as BRIC (Brazil, Russia,
India and China)
Inception: 2010, October
Provides a competitive alternative investment
solution for stable income, conservative capital
growth and some defensive characteristics for
investors.
Jasa Marga
plans, builds,
operate sand
maintains toll
roads
jasamarga.com
Rearden
Rearden Capital Management LLC
Rearden Capital Management LLC is a trading and
investment firm. Rearden Capital’s primary business
is to manage proprietary capital across commodity,
currency, fixed income and equity asset classes and
related derivative instruments in the global markets.
The firm was founded in 2002 and is based in New
York.
For more information, please contact us
at info@reardencapital.com
Company Size
1-10 employees
https://www.linkedin.com/company/rearden-
capital-management-llc?trk=company_logo
Rearden Capital is a Sydney based fund manager.
It specialises in both the acquisition and
management of senior secured infrastructure
debt on behalf of wholesale investors. Senior
members of Rearden Capital's investment team
have completed infrastructure transactions in
Australia, Asia, Western Europe and North
America. The investment team's experience
includes origination, negotiation and
management of debt securities, in the
infrastructure asset class.
Company Size
1-10 employees
Headquarters
78 Renwick
Street SYDNEY, NSW2016 Australia
For more information contact:
Telephone +61 2 9318 1211
Email partner@rearden.com.au
https://www.linkedin.com/company/rearden-
capital
Rearden Capital Rearden Capital Corporation
R. O’Neal Gray founded Rearden Capital
Corporation in March of 1993. Our business
purpose was to invest in promising real estate
and technology. Rearden has provided capital for
numerous small startup companies including
AmeriPlan Dental Services, Confirm Software
Services, Quake Software Solutions and
AutoRealty Real Estate Forms. The Company’s
total return on these investments has averaged
over 57%. Rearden Capital Corporation owns
Horizon American Development Corporation,
which specializes in self storage and office –
warehouse development. arranged financing for
$200 million on the Company’s real estate
holdings.
Mailing Address: 25 Highland Park Village, Suite
#100, PMB #319 Dallas, Texas 75205
Email: info@reardeninvestments.com
Leasing
Repair
LogisticsMaintenance
Production
OVERVIEW : Touax leases, manages and sells shipping containers, modular buildings, freight railcars and river barges to more than 5,000 customers across the five continents, for its own
account and on behalf of third party investors. Touax was founded in 1853 and is headquartered in La Défense, France. TOUAX is listed in Paris on NYSE EURONEXT – Euronext Paris
Compartment B (Code ISIN FR0000033003) and on the CAC® Small and CAC® Mid & Small indexes. On 17 March 2016, TOUAX S received the European Enterprise Award
TOUAX GROUP
TOUAX
BUSINESSES
1. Railcars
2. River barges
3. Modular buildings
4. Shipping containers
Assets under management:
more than $2 billion
Bifurcation
Owned by the
group
Owned by
third party
investors
Shipping containers $70 million $990 million
Modular buildings $360 million $16 million
Freight Railcars $297 million $157 million
River Barges $90 million $23 million
Total $817 million $1186 million
372
397
387
420
385
340
350
360
370
380
390
400
410
420
430
2011 2012 2013 2014 2015
Consolidated Revenues
(US$ in million)
14
10
-17
-13
-27-30
-20
-10
0
10
20
2011 2012 2013 2014 2015
Consolidated Net Income
(US$ in million)
49%
34%
5% 12%
Breakdown of Revenue
(By Business Activity)
Shipping Containers
Modular buildings
River barges
Freight railcars
49%
37%
9%
1%
4%
Breakdown of revenues
(By Geographical Area)
International (shipping
containers)
Europe(outside France)
France
Africa
America
OVERVIEW : Sentry Investments Inc. is a privately owned investment manager. The firm invests in public equity and fixed income markets across the globe. It manages separate client
focused portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds. It launches and manages hedge funds and flow-through limited partnerships.
The firm was formerly known as Sentry Select Capital Inc. It was founded in 1997 and is based in Toronto, Canada with additional offices in Vancouver, Canada and Montreal, Canada.
Sentry Investments Inc. operates as a subsidiary of Sentry Select Capital Corp.
Sentry Investments

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Roads and highways Targeting (sanchi)

  • 1. OVERVIEW : I Squared Capital Advisors, LLC is a private equity firm specializing in infrastructure investments. It invests in energy, utilities and transportation sectors. It seeks to invest in India, China, North America and Europe. It seeks to invest between $125 million and $400 million. I Squared Capital Advisors, LLC was founded in 2012 and is based in New York, New York with additional offices across North America, Europe, and Asia. It is NOT a listed company I SQUARED CAPITAL Looking at risk- adjusted annual returns between 15% and 20% from the road sector AWARDS In 2016, I Squared won six awards from Infrastructure Investor, the leading magazine for the industry, including: "Global Personality of the Year" "Global Fund Manager of the Year" "Global Fundraising of the Year" "North America Fundraising of the Year" "North America Fund Manager of the Year" "Asia Pacific Transport Investor of the Year" 1. Cube highways(transportation): Cube Highways is a joint venture between I Squared Capital and International Finance Corp. (since In Oct 2014), the private investment arm of the World Bank. Singapore based company investing in road and highway projects, along with select other infrastructure sectors in India . 2. Cube hydro (energy): Enduring Hydro formed Cube Hydro Partners, LLC (“Cube Hydro”) with I Squared Capital, LLC (“ISQ”), a global infrastructure private equity fund on January 17, 2014. Cube Hydro is now an ISQ portfolio company which combines the hydro expertise of the former EH team with the financial expertise of ISQ US$3.8 billion Assets under management I Squared Capital raised $3 billion in a global fund (ISQ Global Infrastructure Fund) that would invest in assets across several market. That corpus has now grown to US$3.8 billion. The fund has so far made nine investments across 22 individual assets. GLOBAL INFRASTRUCTURE FUNDS Investment platforms
  • 2. I SQUARED CAPITAL Office locations : New York, Houston, London, New Delhi, Hong Kong, Singapore When Investment Amount invested Jan 2016 100% stake in Western UP Tollway Ltd US$ 85 million Oct 2015 100% stake in Madhucon Agra Jaipur Expressways Ltd US$ 37 million 2015 Invested in Amplus Energy Solutions Pvt. Ltd (sets up distributed solar power generation projects in India) US$ 150million May 2015 100% acquisition of Jaipur Mahua Tollways Pvt. Ltd, a road project in Rajasthan US$ 85 million Jun 13, 2016 (In NEWS) I Squared will invest in road assets worth US$ 1.2 billion through Cube Highways. Out of the planned US$ 1.2 billion commitment, Cube Highways plans to have 70-75% of its assets in the road sector and the rest in other sectors like logistics, warehouses and wayside amenities. and in assets worth US$ 300 million to its rooftop solar platform Amplus Energy Solutions June 22, 2016 (In NEWS) I Squared Capital and India’s Tata Realty and Infrastructure Ltd (TRIL) are among the buyers in race for acquiring the 18.4-km two-lane bypass road project at Durg, Chhattisgarh, from IDFC Alternatives and Nagpur-based infrastructure company SMS Ltd Future projects(India) Investment Portfolio India Presence Global Presence Ireland: In March 2016, the company struck a deal to buy the Irish power company Viridian for about US$1.1 billion. Viridian provides about 20% of power to Ireland. North America: In January 2016, I Squared acquired Lincoln Clean Energy (Lincoln), a developer, owner, and operator of wind and solar projects in North America. New Mexico: On 31 December 2015, I Squared purchased the 220 mile pipeline gathering system owned by WPX in the San Juan Basin. The purchase price was reported to be $285 million USD in cash. China: In September 2014, I Squared acquired majority interest in Jiangsu Province Jiaqing Water Services Co., Ltd. Ohio: In June 2014, I squared acquired 100 percent interest in DTE CoolCo, LLC (“CoolCo”) from DTE Energy Services, Inc.
  • 3. OVERVIEW : KGL Investment Company K.S.C.C. is a private equity and venture capital firm specializing in investments in seed/start-ups, early venture, mid venture, middle market, growth capital, expansion capital, and buyouts. It seeks to invest in in mid-sized platform companies in the logistics and infrastructure; infra-logistics companies and related operations; transportation; oil and gas exploration and production; funding; petroleum; energy and power; other diversified sectors; and port and port related logistic businesses in emerging countries. It seeks to make investments in companies that offer air, sea, and land freight forwarding, project logistics, port management, stevedoring, warehousing and distribution and logistics infrastructure. The firm seeks to invest in the Middle East, Asia, Africa, MENA, GCC, Eastern Europe, and ASEAN regions. It typically invests between $20 million and $500 million. The firm has a medium to long-term investment period with an average holding period of five to eight years. KGL Investment Company K.S.C.C. was founded in 2006 and is based in Sharq, Kuwait with additional offices in the Netherlands and Manila, the Philippines. It is NOT a listed company KGL Investment Company achieved 10% IRR No India presence SECTORS Advisory services Petroleum Fundin g Infrastruct ure Transportation and Logistics GLOBAL PRESENCE Investment Philosophy By investing in the infrastructure and logistics sectors in emerging countries, KGLI seeks to take advantage of growing economies and lucrative sectors within them. Investment Strategy Portfolio Company Profile: Midsized companies with target deal sizes of USD 250 mm to 500 mm. Holding Period: Medium to long-term investment period with an average holding period of 5 to 8 years. 1. Petrolink Holding Company - Oil and gas company of KGL investment - It was established in 2007 2. The Port Fund: - It was established in 2007 3. KGLI Asia - It was Established in 2011 - Provides qualifying support services including, the below: a. Corporate finance advisory services b. Business planning and coordination c. Business development e. General administration and planning f. Marketing control and sales promotion g. Training and personnel management h. Research and development services i. Product development COMPANIES
  • 4. The Port Fund (the Fund), established in 2007, is a private equity fund sponsored by KGL. The Port Fund presents both institutional and private investors the opportunity to invest in the ports, maritime and infralogistics related industries positioned within strategic and rapidly expanding markets. Fund represent all Gulf countries and provide the Fund an extensive network of strategic contacts beneficial to the successful management of the Fund. KGL Investment Company The Port Fund has achieved over a 20% net annual return since inception. Ports, port-related logistics, freight forwarding companies and companies specializing in intermodal transport TARGET The Port Fund THE PORT FUND PORTFOLIO INVESTMENTS Dominant Shipping and Logistics Platform Opportunity in SE Asia Provides the Port Fund with the opportunity to invest in and benefit from one of the leading, and the most profitable transportation, shipping and port management companies in SE Asia Port Management Company in Egypt Build-Operate-Transfer (“BOT”) concession with local ports authority $800 million project to develop 4+ million TEUs of throughput in two phases Construction of Phase I to be completed by 2012 2,400 meters of quay length; 17-meter draft 22 STS gantry cranes and 50 rubber-tire gantry cranes In Dec 2010, the Port Fund announced that its portfolio company Negros Navigation Company, Inc., a Philippines domestic shipping and port company, had entered into an agreement with Aboitiz Group, being the controlling shareholders of Aboitiz Transport Systems Corporation (ATS), under which it intends to acquire up to 100 percent of the outstanding common shares of ATS and commence a tender offer in the Philippines for all such common shares, for the Peso equivalent at closing of 105 million US dollars in cash. Clark Field Project (Philippines) • Development of the 177-hectare Sabah Al Ahmad Global Gateway Logistics City (GGLC) at the Clark Freeport Zone • Investment: US$ 3 billion •to be completed by 2017, Investment in Philippines Investment in transport and logistics company 2Go Group
  • 5. IFM INVESTORS OVERVIEW: IFM Investors Pty Ltd is a privately owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, insurance companies, and non-U.S. government entities. It manages separate client focused equity and fixed income portfolios. The firm also manages superannuation funds, infrastructure funds, private equity funds, and equity mutual funds. It invests in the public equity and fixed income markets across the globe. For the equity portion of its portfolio, the firm invests in small cap equities of the firm. It typically invests in infrastructure sector and also makes responsible investing. It benchmarks the performance of its portfolio against the MSCI World Index. The firm conducts in-house research to make its investments. It was founded in 2004 and is based in Melbourne, Victoria with additional offices in Berlin, Germany, London, United Kingdom, New York City, Sydney, Australia, and Japan, Tokyo. FM Investors Pty Ltd operates as a subsidiary of Industry Super Holdings Pty Ltd. It is NOT a listed company 29% 21% 46% 4% Asset Mix Debt Investments (US$ 15b) Listed equities (US$ 11b) infrastructure- Global Infrastructure Fund (US$ 24b) Private capital (US$ 2b) IFM seeks investments that make sense on a risk-return basis for like-minded, well-capitalised institutional investors, which include: 1. Pension funds(owned by 29 Australian non-profit pension funds) 2. Non-pension investment funds 3. Government entities, including sovereign wealth funds 4. Endowments and foundations 5. Universities 6. Insurers Investment approach Target investments with reliable revenue streams that have a link to inflation and/or participate in economic growth, and focus on countries with established regulatory environments and strong rule-of-law. Invest patiently and strategically with returns measured across decades IFM infrastructure funds are open-ended. This allows long-term liabilities to be exposed to long-term investments. US$ 51bn funds under management Responsible investment considerations are embedded in the investment decision-making processes and are benchmarked against global best practice. No India presence
  • 6. IFM INVESTORS Global Presence NORTH AMERICA 5 assets AUSTRALIA 17 assets EUROPE 6 assets INFRASTRUCTURE ASSETS Education (1 asset) Energy (2 assets) Pipeline (1 asset) Healthcare (1 asset) Electricity transmission and distribution (2 assets)Transportation (marine ports, airports, roadways, railways) (15 assets) Water supply (2 assets) Broadcasting (1 asset) Infrastructure Asset Portfolio (Total 28 assets) • Invested for 100% stake in Indiana Toll Road in 2015 (North America). Sold 10% interest to California Public Employees’ Retirement System in 2016 • Invested in Conmex in 2015 (North America ) . Conmex is the company responsible for the operation of a 69-mile private toll road • Invested in Eastern Distributor (M1) in 2000 (Australia) The M1 benefits from a 48 year concession to 2048. •Invested in Interlink Roads (M5) in 1998 (Australia). Interlink Roads holds a 33-year concession of the M5 toll road to 2026. • Invested in Vienna International Airport taking its total holding to over 38%. Vienna Airport is Austria's biggest airport • Invested for 35.5% stake in Manchester Airports Group in 2013. It is the largest UK-owned airport operator • Invested in Adelaide Airport in 2002 (Australia) • Invested in Brisbane Airport for 13.8% stake in 1997 (Australia) • Invested in Melbourne Airport in 1997 • Invested in Perth Airport in 1997. Perth Airport is Australia’s fourth largest airport by passenger numbers. • Invested in Port of Brisbane in 2010. It is Australia’s fastest growing container port • Invested in Port Kembla in 2013. It is the largest vehicle import hub in Australia • Invested in Port Botany in 2013. Port Botany is Australia's second busiest container port
  • 7. OVERVIEW : ASMA Capital Partners B.S.C.(c) is a private equity firm specializing in infrastructure investments. The firm seeks to invest in core infrastructure sectors of energy, power, telecommunications, utilities, water and waste, natural resources, transportation infrastructure, and will include investment in oil and gas, refinery and petrochemicals, steel and aluminum, mining, logistics and an allocation for social infrastructure (healthcare and education), and financial services. It invests in the member countries of the Islamic Development Bank across Asia, Middle East, Eurasia, and Africa as well as selected countries in South‐East Asia which includes a focus on Philippines, Thailand, Vietnam, Indonesia, Saudi Arabia, and Turkey. ASMA Capital Partners B.S.C.(c) is based in Manama, Bahrain. It is NOT a listed company ASMA Capital Partners US$ 2bn Infra fund Achieved investment multiple of 1.7x Achieved IRR of 18% Power & Energy Education Telecommunication Transportation Healthcare Water and Waste INVESTMENT SECTORS Anchor investors 1. Islamic Development Bank (IDB), Kingdom of Saudi Arabia 2. Public Pension Agency (PPA), Kingdom of Saudi Arabia 3. Ministry of Finance, Kingdom of Saudi Arabia 4. Ministry of Finance, Kingdom of Bahrain 5. Ministry of Finance, Sultanate of Brunei Darussalam IDB Infrastructure Fund IDB Infrastructure Fund L.P. IDB Infrastructure Fund II Fund raised US$ 730 million US$ 2 Billion Launched 2001 2014 Fund term 10 years Investment focus Power, energy, transportation, telecommunications, mining and industrial sectors Big focus on energy and power projects, followed by transportation and telecom infrastructure Geographical focus MENA 57 IDB member countries across Africa, the Middle East and Asia. The core focus will be on the IDB’s G-20 members: Saudi Arabia, Turkey and Indonesia Remarks It made an 18% annualized internal rate of return with investments including Malaysia’s AirAsia, the Saudi International Petrochemical Company and power assets in Jordan, Oman and Pakistan It is the successor to the USD 730 million IDB Infrastructure Fund L.P.
  • 8. The Fund may invest in projects in any member country of the Islamic Development Bank. India is not a member country of Islamic Development Bank (IDB) Investment RegionMember countries of IDB (56+3) ASMA Capital Partners The basic condition for membership is that the prospective member country should be a member of the Organization of Islamic Cooperation (OIC), pay its contribution to the capital of the Bank and be willing to accept such terms and conditions as may be decided upon by the IDB Board of Governors. Membership requirements IDB and India Non member: India, which has the world's third largest Muslim population, had shown an interest in joining the OIC as a member state at the time of its formation.. While India's potential candidacy is supported by some OIC members, Pakistan's strong opposition and threat to boycott the OIC has effectively led to India's inclusion in the OIC being blocked. The Pakistan Foreign Office has argued that India's inclusion in OIC would violate the rules of the OIC, which require that an aspirant state should not have an ongoing conflict with a member state May 2016: The Islamic Development Bank (IDB) will open its first branch in India at Ahmedabad, Gujarat. This is a part of MoU signed between IDB and India’s EXIM Bank during Prime Minister Narendra Modi visit to United Arab Emirates (UAE) in April 2016. IDB office in Hyderabad for IDB Scholarship Programme for Muslim Communities in Non-Member Countries (SPMC): The objective of the Programme is to improve the socio-economic conditions and to preserve the cultural and religious identities of Muslim Communities in Non-member Countries through developing their human capital resources. April 2016: A Mumbai-based NGO signed an agreement with the IDB for implementing a medicare programme in India
  • 9. OVERVIEW : Aberdeen Asset Management PLC is a publicly owned asset management holding company. The firm provides its services to governments, national pension schemes, listed investment companies, foundations and charities, private banks and discretionary fund managers, and retail clients. Through its subsidiaries, it manages separate client focused equity, fixed income, and balanced portfolios. The firm also manages mutual funds for its clients. It invests in the public equity, fixed income, currency, and property markets across the globe. With real estate investments, it invests in properties in the Nordic growth regions. Through its subsidiaries, the firm employs fundamental analysis with a bottom-up stock picking approach to create its equity portfolio. It conducts in-house research to make its investments. Aberdeen Asset Management PLC was founded in 1983 and is based in Aberdeen, United Kingdom. It is a listed company (London stock exchange) and is a constituent of the FTSE 250 Index Aberdeen Asset Management US$ 420 billion assets under management Global Presence (25 countries) ASSET CLASS Advisory services (Aberdeen Solutions) Proper ty Equities Fixed income Direct propert y portfoli os Multi- mana ger funds ASSET BREAKDOWN Under alternatives, aberdeen has a specialist direct infrastructure group focused on Greenfield infrastructure projects that are underpinned by long- term government contracts.
  • 10. Aberdeen Asset Management • Fund size: $3,637.9 million • Fund type: SICAV • Incorporated :Luxembourg • Objective: long-term total return • The Fund invests at least two-thirds of it's assets in equities and equity-related securities of companies with their registered office in India and/or of companies which have the preponderance of their business activities in India. • Aberdeen International India Opportunities Fund (incorporated in Singapore):aims to achieve long term capital growth by investing all or substantially all of its assets in the Aberdeen Global – Indian Equity Fund, a sub-fund of the Luxembourg-registered Aberdeen Global. Global India Equity Fund Region % India 98.75 USA 1.34 UK -0.09 SECTORS % Financials 19.38 Information Technology 17.01 Materials 16.73 Consumer Staples 16.51 Health Care 11.26 Consumer Discretionary 7.71 Industrials 5.42 Utilities 2.40 Telecommunications Utilities 1.91 Others 1.68 Largest Holdings % Housing development finance corp 8.10 Tata consultancy services 7.60 Infosys 7.40 ICICI bank 5.90 Grasim industries 5.30 ITC Corp 4.80 Ambuja cements LTC 4.10 HUL 3.80 Global Emerging Markets Infrastructure Equity Fund • Fund size: US$ 181.7 million • Objective: long-term total return • The Fund’s investment objective is long-term total return to be achieved by investing at least two-thirds of the Fund’s assets in equities and equity-related securities of companies active in the field of infrastructure related sectors, and which have their registered offices in an Emerging Market country; and/or, of companies which have the preponderance of their business activities in an Emerging Market country; and/or, of holding companies that have the preponderance of their assets in companies with their registered offices in an Emerging Market country Country breakdown % Country breakdown % India 14.4 Thailand 5.9 Brazil 13.5 Turkey 5.9 HongKong 10.9 China 5.3 Indonasia 7.2 Philippines 4.3 South Africa 6.5 Other 17.9 Chile 5.9 Cash 2.3 Sector breakdown % Industrials 24.2 Telecommunication services 19.8 Financials 18.9 Materials 14.4 Utilities 8.6 Energy 6.7 Consumer Discretionary 3.5 Other 1.6 Cash 2.3
  • 11. INVESTORS 22% 35% 15% 9% 12% 7% Foundations Pension Funds Financial institutions and insurance Other Funds of funds Families and private persons OVERVIEW : RWB Group is a private investment firm specializing in fund of fund investments. The firm primarily invests in funds specializing in venture capital, mezzanine, restructuring, distressed buyout, and turnaround investments with a focus on Europe, the United States, China and India. RWB Group was founded in 1999 and is based in Oberhaching, Germany with an additional office in Innsbruck, Austria. The RWB Group specializes in private equity. It is NOT a listed company Rendite Wert Beteiligungen US$ 1.97 billion Assets under management GLOBAL INVESTMENTS 140 international fund investments in 16 countries in 5 continents INVESTMENTS STRATEGY • Balanced Portfolio concept •Strategic Sector Allocation •standardized investment process •Thesaurierung- and reinvestment •active liquidity management The RWB Special Market Fund (SMF) are characterized by a promising fund of funds investment. Different funds focus on the development of different regions worldwide growth at parent investment topics or to specific industries. The investment activities of WARC Special Market Fund focuses between five to ten target funds, which come from the above topics. Fund Strategy Global Market Fund Special Market Fund Characterized by security-oriented fund of funds investment. Highest possible system reliability is achieved in this sector by the wide spread in more than 30 international target funds. These funds account for all occasions financing of private equity, and come from several different inception years. China I China II China III China IV Secondary I Secondary II Secondary III Secondary IV Secondary V International I International II International III International IV International V Funds available Asia I Asia II Germany I Germany II Germany III India I India II India III Funds available
  • 12. Rendite Wert Beteiligungen INDIA FUND I INDIA FUND II INDIA FUND III INFRASTRUCTURE INDIA FUND I India Presence Fund size: $ 64.0 million Investment portfolio: 1. Nexus India Capital 2. Tano India Private Equity Fund 3. India Agri Business Fund Ltd 4. Peepul Capital Fund 5. Tara India Fund 6. Banyan Tree Growth Capital 7. Gaja Capital Fund 8. Ascent India Fund 9. India Business Excellence Fund SECTORS: 17% 9% 9% 8% 7% 7% 7% 6% 6% 6% 5% 5% 3% 0% 5% 10% 15% 20% Industry good Technology Food industry Contruction industry Other services Telecommunication Automobile Extraction Pharmaceuticals Financial and insurance indutry Transport and Logistics Consumer articles IT and software Fund size: $ 11.0 million Investment portfolio: 1. Gaja Capital Fund 2. Tara India Fund 3. Banyan Tree Growth CApital SECTORS: 12% 9% 15% 9% 10% 14% 9% 8% 4% 1% 4% 0% 5% 10% 15% 20% Industry good Contruction Other services Telecommunication Automobile Extraction Financial and insurance indutry Transport and Logistics Consumer articles IT and software Management consultancy Fund size: $ 13.5 million Investment portfolio: 1. ChrysCapital 2. Tano India Private Equity Fund 3. Banyan Tree Growth Capital 4. Kedaara Capital Fund Fund size: $ 12.1 million Investment portfolio: 1. IDFC private equity fund 2. India Agri Business Fund Ltd. 3. Tano India Private Equity Fund SECTORS: 30% 6% 22% 11% 4% 10% 3% 3% 5% 7% 0% 5% 10% 15% 20% 25% 30% 35% Energy and water supply Industry good Food industry Contruction industry Other services Telecommunication Pharmaceuticals Financial and insurance indutry Consumer articles Facilities maintenance services
  • 13. INVESTMENT SECTORS Sector Subsector Segment 1. Utilities Electricity Transmission, Distribution, Generation^ (incl. renewables) Water Distribution, Waste water Gas Transmission, Distribution, Storage Oil Pipelines 2. Transport Roads Toll Roads, Toll Bridges, Toll Tunnels Airports Airport facilities and operators, Airport services Rail Track owners, Rail operators Ports Port facilities and operators 3. Communication Communications Infrastructure Fibre, Copper & Cable networks, Broadcast Towers, Satellites 4. Community / Social Amenities PPP Projects Housing, Public Health, Education, Prisons, Stadia OVERVIEW : Rare Infrastructure Limited is an employee owned investment manager. RARE is an infrastructure investment manager focused exclusively on global listed infrastructure. The firm provides its services to trustees of Australian superannuation funds, mutual funds, and investment companies registered outside U.S.A. It manages client focused portfolios. The firm launches and manages equity mutual funds for its clients. It invests in public equity markets across the globe. The firm specializes in asset class of global infrastructure. It typically invests in securities of major infrastructure projects and developments such as airports, gas, electricity, water, and roads. The firm employs fundamental and quantitative analysis with bottom up stock picking approach to make its investments. It conducts in-house research to make its portfolio. Rare infrastructure Limited was founded in 2006 and is based in Sydney, Australia. As of October 21, 2015, Rare Infrastructure Limited operates as a subsidiary of Legg Mason Inc. RARE INFRASTRUCTURE USD 6.3bn assets under management Fund Strategy Investment Approach The company’s investment and risk management approach is reflected in its name – Risk Adjusted Returns to Equity (RARE) OWNERSHIP 75% stake: Legg Mason’s(one of the world’s largest asset management firms) 15% stake: RARE senior management & investment staff 10% stake: Aurora/Treasury Group RARE Infrastructure Value Fund RARE Yield Fund RARE Emerging Market Fund A global strategy with a mix between income and capital returns Global strategy with a focus on emerging markets infrastructure Global strategy with a focus on distributing yield
  • 14. Inception: August 2006 Comprises infrastructure securities in predominantly developed countries with a minimum 75% exposure to developed economies such as the OECD, EU, Hong Kong and Singapore. RARE INFRASTRUCTURE Inception: March 2008 Comprises listed infrastructure securities that derive the majority of their earnings from emerging economies such as BRIC (Brazil, Russia, India and China) Inception: 2010, October Provides a competitive alternative investment solution for stable income, conservative capital growth and some defensive characteristics for investors. Jasa Marga plans, builds, operate sand maintains toll roads jasamarga.com
  • 15. Rearden Rearden Capital Management LLC Rearden Capital Management LLC is a trading and investment firm. Rearden Capital’s primary business is to manage proprietary capital across commodity, currency, fixed income and equity asset classes and related derivative instruments in the global markets. The firm was founded in 2002 and is based in New York. For more information, please contact us at info@reardencapital.com Company Size 1-10 employees https://www.linkedin.com/company/rearden- capital-management-llc?trk=company_logo Rearden Capital is a Sydney based fund manager. It specialises in both the acquisition and management of senior secured infrastructure debt on behalf of wholesale investors. Senior members of Rearden Capital's investment team have completed infrastructure transactions in Australia, Asia, Western Europe and North America. The investment team's experience includes origination, negotiation and management of debt securities, in the infrastructure asset class. Company Size 1-10 employees Headquarters 78 Renwick Street SYDNEY, NSW2016 Australia For more information contact: Telephone +61 2 9318 1211 Email partner@rearden.com.au https://www.linkedin.com/company/rearden- capital Rearden Capital Rearden Capital Corporation R. O’Neal Gray founded Rearden Capital Corporation in March of 1993. Our business purpose was to invest in promising real estate and technology. Rearden has provided capital for numerous small startup companies including AmeriPlan Dental Services, Confirm Software Services, Quake Software Solutions and AutoRealty Real Estate Forms. The Company’s total return on these investments has averaged over 57%. Rearden Capital Corporation owns Horizon American Development Corporation, which specializes in self storage and office – warehouse development. arranged financing for $200 million on the Company’s real estate holdings. Mailing Address: 25 Highland Park Village, Suite #100, PMB #319 Dallas, Texas 75205 Email: info@reardeninvestments.com
  • 16. Leasing Repair LogisticsMaintenance Production OVERVIEW : Touax leases, manages and sells shipping containers, modular buildings, freight railcars and river barges to more than 5,000 customers across the five continents, for its own account and on behalf of third party investors. Touax was founded in 1853 and is headquartered in La Défense, France. TOUAX is listed in Paris on NYSE EURONEXT – Euronext Paris Compartment B (Code ISIN FR0000033003) and on the CAC® Small and CAC® Mid & Small indexes. On 17 March 2016, TOUAX S received the European Enterprise Award TOUAX GROUP TOUAX BUSINESSES 1. Railcars 2. River barges 3. Modular buildings 4. Shipping containers Assets under management: more than $2 billion Bifurcation Owned by the group Owned by third party investors Shipping containers $70 million $990 million Modular buildings $360 million $16 million Freight Railcars $297 million $157 million River Barges $90 million $23 million Total $817 million $1186 million 372 397 387 420 385 340 350 360 370 380 390 400 410 420 430 2011 2012 2013 2014 2015 Consolidated Revenues (US$ in million) 14 10 -17 -13 -27-30 -20 -10 0 10 20 2011 2012 2013 2014 2015 Consolidated Net Income (US$ in million) 49% 34% 5% 12% Breakdown of Revenue (By Business Activity) Shipping Containers Modular buildings River barges Freight railcars 49% 37% 9% 1% 4% Breakdown of revenues (By Geographical Area) International (shipping containers) Europe(outside France) France Africa America
  • 17. OVERVIEW : Sentry Investments Inc. is a privately owned investment manager. The firm invests in public equity and fixed income markets across the globe. It manages separate client focused portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds. It launches and manages hedge funds and flow-through limited partnerships. The firm was formerly known as Sentry Select Capital Inc. It was founded in 1997 and is based in Toronto, Canada with additional offices in Vancouver, Canada and Montreal, Canada. Sentry Investments Inc. operates as a subsidiary of Sentry Select Capital Corp. Sentry Investments

Editor's Notes

  1. KGL investment is the investment arm of KGL Group KGL Group subsidiaries like KGL Transport Co. and KGL Logistics Co. are listed in KSE (Kuwait Stock Exchange)
  2. There is another company named IFM investments ltd (Beijing) which is a listed company. These two companies are not related.