Corporate Profile March 2011
Executive Summary Oxley Group is an innovative private investment firm and multi family office specialising in real estate, agriculture/alternative energy, natural resources sectors and investments across the Asia-Pacific. Headquartered in Singapore, our total assets under management is approaching US$1 billion. We believe in a fresh approach to investing. We see the world in terms of opportunities, possibilities and potential. Some think we have a contrarian streak; we prefer to see ourselves as independent thinkers.
About Oxley Group
Investment Strategy Our investment philosophy is one that advocates discipline; capital preservation is a key tenet, allowing us to weather adverse economic cycles. Oxley is driven by an in-house deal origination process which identifies opportunities on a bottom-up basis. We focus on sectors in which we have demonstrable expertise. In particular, we have exceptional experience and a proven track record in the Asia-Pacific region. At the same time, our network of Executive Partners keeps us in touch and informed about opportunities in specialist sectors and countries.
Our Business Real Estate & Private Equity 1. Real Estate 2. Agriculture/ Alternative Cambridge Industrial Trust Chancery Managed Investments Limited Project Kalzip Energy Sugarcane: Ethacane Bioenergy Solar Energy 3. Natural Resources Coal Tin Sand Uranium 4. Corporate/ Investments Oxley Capital Limited Oxley Global Opportunities LLC Auric Pacific
Executive Partner Programme Oxley Executive Partners Programme is an innovative initiativeiti thatt allows us to collaborate with investment t professionals with selected expertise from all over the world, opening opportunities that would have otherwise been missed. The Programme focuses on a few key areas where eour partners have proven pove expertise epetse in: Real Estate Fund Management Private Equity Funds Retirement Living/ Lodging Developers Financial Services Fund of Funds Products Mandates for sophisticated investors Capital Markets Syndications Alternative Energy Ethanol Palm Oil Healthcare Medtech/Pharmaceutical Biotech Natural Resources Iron Ore Coal Gold TMET Technology Media Entertainment Telecom
Multi Family Office Oxley's Multi Family Office ( MFO ) offers our family partners access to deals that were traditionally only available to large institutional investors. While the concept of Family Office may be relatively new in Asia, Oxley is already well positioned to meet the needs of wealthy families in the region, having completed several joint ventures. Oxley s MFO provides an independent d and holistic approach to the management of our clients finances and assets. Our foremost objective is to protect and grow our clients wealth by maximising returns and minimising risk. The vital alignment of interests between our multi-family office and our clients means that we are able to offer them first look at all of Oxley s deals, very often ote in a co-invest basis. s.
Our Selected Portfolio
CORPORATE / INVESTMENTS Cambridge Industrial Trust ( CIT ) Oxley s milestone investment in 2008, CIT is the first industrial real estate investment trust listed on the Singapore stock exchange on July 2006. Market capitalization of US$430m and portfolio of 43 industrial properties valued at approx. US$720m. Oxley together with National Australia bank has a 100% stake in the trust manager. The manager has plans to expand the portfolio over the next 3-5 years to circa US$2.0b in size. Portfolio Highlights 31 Dec 2010 Competitive Advantages Total Portfolio GFA (sq m) 656,465 Portfolio Occupancy (%) 98.97 Total no. of tenants 110 Weight Average Lease Expiry (years) Arrears Ratio (%) (against CIT s annualised rent) Average Security Deposits (months) 4.1 0.3 14
CORPORATE / INVESTMENTS Chancery Managed Investments Limited ( CMIL ) Oxley s Australian asset management company and investment manager with an Australian Finance Services Oxley s Australian asset management company and investment manager with an Australian Finance Services License. CMIL plans to establish and manage wholesale unlisted property funds in Australia CMIL will also act as trustee for agricultural land held on behalf of our Agri/Alternative Energy businesses.
REAL ESTATE Project Kalzip Joint venture with ACP Construction Pte Ltd in a build and lease development for Kalzip Asia Private Limited, a multinational company which is a part of Tata Steel, India. Features of the property i. 4-storey mixed use building with office, warehousing and production area totaling over 70,000 sq ft ii. Backed by long term triple net lease and three year security deposit iii. Located at Pioneer Crescent, within Singapore s industrial hub
AGRICULTURE / ALTERNATIVE ENERGY Ethacane Bioenergy Oxley's investment vehicle with a strategic focus on sugarcane based agriculture/ alternative energy sectors. Initial investment in Ethacane Australia, a vertically integrated greenfield development of a state-of-the-art surgarcane farm and bio-ethanol plant located in Townsville, Queensland. Townsville is one of Australia s largest sugar exporters. The strategically located farm is supported by the Townsville Port, Queensland s third largest seaport, an excellent transport network of road and rail and a secured water supply. Farm Under Development
CORPORATE / INVESTMENTS Oxley Capital Oxley Group s corporate finance arm, Oxley Capital has made principal investments in several projects and forged strategic alliances with partners in the various industries and across the region. Leverage Capital Intrasia Capital The Quant Group Leveraged Capital is a Fund Management & Investment Banking Company based in India Located in major cities of India ( Kolkata, New Delhi, Mumbai ) and has members at Global Financial Centers (Singapore & London) Singapore based private, valueoriented portfolio investor With expertise in business development in markets such as Indonesia, Bangladesh, Madagascar, Mauritius, Australia and Singapore The Quant Group is one of the leading investment banks in Thailand with expertise in M&A Their industry focus includes oil & gas, financials, power & utilities, telecommunications, resources and real estate 13 professionals Their industry focus includes energy & resources, real estate, financial services and agricultural 15 professionals
CORPORATE / INVESTMENTS Oxley Global Opportunities LLC ( Oxley Opportunities ) Oxley Opportunities is a fund set up by Oxley to explore co-investment opportunities with our family office partners. The Fund can invest directly into businesses in sectors where Oxley has proven expertise. The Fund is currently evaluating several projects globally and intends to make its seed investment in the first half of 2011.
CORPORATE / INVESTMENTS Auric Pacific Group ( Auric ) A Singapore listed company with a market capitalisation of approximately US$65 million, Auric engages in four principal activities: i. Food marketing and wholesale distribution ii. Food manufacturing manufacture of bakery and pastry products iii. Food retail and food courts notably Delifrance and Food Junctions Holdings Limited iv. Property and securities investment Oxley is currently advising management on operational, financial and investor relations issues. 3 main initiatives include: i. Driving sustainable earnings growth through efficiency and cost control ii. New store roll-outs iii. Rationalize unprofitable operations Core Brand & Franchises
Key Personnel
Michael Dwyer, Executive Chairman For over 15 years, Mr Dwyer was intimately involved in the REIT industry in Australia having held the position of Joint Managing Director of a leading Mortgage REIT. He also has strong involvement with the Securities Industry Regulators and Financial Service Associations in Australia. Mr. Dwyer as the Chief Executive Officer listed the eighth REIT on the Singapore Stock Exchange in 2006. It was the first independent cross-border listed property trust, raising S$500m at listing. Mr. Dwyer s family has deep roots in the agricultural industry in Queensland, Australia. He is also a qualified solicitor possessing 20 years of experience in all facets of commercial and property law. He is a current management board member of the Asian Pacific Real Estate Association (APREA). Mark Pawley, Chief Executive Officer Mr Pawley brings a wealth of management and financial expertise together with an unparalleled depth of knowledge of the Pacific Rim. Based in Asia with Credit Suisse since 2000, Mr Pawley served as Chief Operating Officer of Asia Pacific Investment Banking and Head of Asian Real Estate, Gaming and Lodging and Financial Sponsor Coverage Industry Groups. While at Credit Suisse Mr Pawley completed a number of high profile deals including the $1billion sale of Raffles Hotel Group, the $150 million sale of Hamptons, the $1billion sale of OUE, and the $1billion Nasdaq IPO for PBL Melco. Mr Pawley also developed Credit Suisse s Financial Sponsors Coverage Group into one of the industry leaders while establishing relationships with all the major private equity firms active in the region. As Chief Operating Officer of Investment Banking, Mark oversaw regional offices in Singapore, Jakarta, Kuala Lumpur, Bangkok, Manila, Shanghai, Beijing, Hong Kong, Taipei, Mumbai, Sydney and Melbourne. He holds a BA (Hons) in Economics from Essex University and is an Associate of the Chartered Institute of Bankers and member of the Chartered Institute of Marketing.
Victor Ong, Executive Director- Real Estate Mr. Ong has 20 years of experience in real estate funds management and investment banking in Australia and Asia. In Asia, he was an Executive Director of Allco Funds Management (Singapore) Limited and the CEO of Bluestone Asia group Ltd., an innovative and diversified real estate development and funds management company. In Australia, he was a director responsible for the successful development of the funds management operation at Trafalgar Managed Investments Limited. Mr Ong also co-founded Paladin Australia Limited in 1994, a funds management company acquired by Deutsche Bank in 2000. Previously, he was also a senior executive with the Lend Lease Group for 7 years participating in the property and funds management divisions consisting of General Property Trust, MLC Property Funds and Australian Prime Property Funds. Victor holds a Degree in Building (UNSW) and a Master of Business (Applied Finance). George Y. Filmeridis, Executive Director- Private Equity Mr Filmeridis has more than 28 years of experience in both commercial and investment banking. He has held positions with US based banks including American Express Bank, Merrill Lynch International, and AIA Capital Corporation. He has spent most of his professional career in the Asia Pacific region primarily in corporate advisory and private equity. He has completed various transactions including more recently the buy-out of Unza Holdings, sale of Dunham Bush (Malaysia) and of Fine Components (Thailand), and restructure of WRP Asia Pacific. His prior experience included structured finance, loan syndications, project finance, private capital placement, mergers and acquisitions and private equity funds management. George holds a BA in Accounting, Finance and Economics from the University of Bosphorus in Istanbul and his MA from the University of Texas.
Manish Agarwal, Executive Director- Leverage Capital Group (an Oxley Group Associate Company) Mr. Agarwal has more than 15 years of experience in Investment Management and Financial Services Industries in India & International Market. As the Director of Leverage Capital Group in India, he is a strategic thinker and astute in identifying, evaluating and capitalizing Business Opportunities. He has promoted Financial Services Company, Micro Finance lending business, Real Estate development management, Agro based business and believes in value creation through innovative ideas & building organizations with empowered leaders. Mr. Agarwal in a short span raised funds for many noticeable high profile deals for Indian companies. He has extensive involvement in Corporate Projects, Real Estate and Infrastructure Financing and has undertaken Restructuring and Reengineering of various businesses in India. He also advises a number of Indian listed companies on funding aspects. He is a Chartered Financial Analyst Post Graduate Diploma holder in Business Management and a He is a Chartered Financial Analyst, Post Graduate Diploma holder in Business Management, and a Cost & Management Accountant by qualification.
Contact Head Office: 3 Phillip Street #17-01, Commerce Point Singapore 048693 Tel: +65 6507 0999 Email: enquiries@oxleycapital.com Principals: Michael Dwyer, Executive Chairman M +65 9152 4257 T +65 6507 0956 michael.dwyer@oxleycapital.com Mark Pawley, Chief Executive Officer M +65 8112 8181 T +65 6507 0958 mark.pawley@oxleycapital.com l l Victor Ong Wei Tak, Executive Director, Real Estate M +65 9674 3421 T +65 6507 0963 victor.ong@oxleycapital.com George Y. Filmeridis, Executive Director, Private Equity M +65 9819 4562 T +65 6507 0957 george.filmeridis@oxleycapital.com Disclaimer No representation or warranty is made or should be implied as to the accuracy or completeness of the material contained on this corporate profile, and to the extent permitted by law, Oxley Group and its related entities disclaim any responsibility or liability for any loss or damage, howsoever arising, which results from any reliance in whole or in part on such material. Prospective investors should independently verify the material contained on this document. The information contained within this corporate profile is updated on a regular basis, however, you should do your own research and make your own enquiries for more current and accurate information.