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Hangzhou Jinjiang Group's general manager Zhang Jianyang, vice general manager Sun Jiabin and their team had attended the SECOND BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION, they also attended the signing ceremony of comprehensive strateg...
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global alumina company announced the progress of cooperation
- China Aluminium Network
- Post Time: 2007/3/21
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'Almatis is a great investment opportunity with potentially high returns,' said Chris O'Brien, Investcorp's head of direct investment for corporate and real estate. It is the number one in Europe, the USA and Asia, and has a first mover advantage in China where it is the only Western producer in this high growth market. This is a deal that really fits Investcorp's philosophy. It is highly cash generative, and has a committed management team with a substantial equity interest in the company,' he added.
Opportunities to make private equity investments in Almatis are currently being offered to Investcorp's clients in the region.
Private equity is one of four products in Investcorp's alternative investment offering, alongside real estate investment, hedge funds and venture capital. Investcorp announced net income of $110.3 million for the recent fiscal year ended June 30, 2005, an increase of 22 percent over the previous audited fiscal year. Income before operating expenses, at $324.7 million, was a record achievement for the Firm. Source:
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