29 Jun 25 years in the making
Alternative investment group celebrates stellar returns
TBI, a well-established South African alternative investment group with a superior return track record, celebrates its 25th birthday on 1 July 2017. The group was established in 1992 and is owner-managed to this day.
The group’s performance has been solid since inception, with annualised total returns delivered to shareholders of 30.34% since inception up to 31 March 2017. At the end of March 2017, the group held investable funds of R480 million, a net asset value of R365 million and, including its alternative fund management subsidiary, Ora Fund Managers, has assets under management of over R10 billion.
TBI’s investment objective is to create and sustain shareholder growth by investing for the long-term. Its business includes fund management in the alternative investment space of own and third-party portfolios, as well as its three core investment portfolios:
- TBI Strategic Partners, which invests strategically as minority shareholders in quality companies with high potential for growth. Investments include shareholdings in the finance, marine agri, chemical manufacturing and alternative energy sectors;
- A listed equity portfolio, held through an index tracker fund; and
- TBI Property, which holds investments in light industrial properties, mainly to the east of Pretoria.
“The success we’ve had in creating shareholder value and achieving superior returns for our investors over these past 25 years has been much more than we could have imagined in 1992,” comments Ian Groenewald, Chief Executive of TBI. “We hope to keep building on our track record and have some exciting investment opportunities planned for the future.”
TBI’s board includes finance world heavy weights, former ABSA managing director, Dr Steve Booysen, former head of Indwe Risk Services, Abrie du Preez and former SANLAM Collective Investments chief executive, Tienie van der Mescht.