BMB Group

BMB Group
Private
Industry Advisory & Asset Management
Founded 2006
Headquarters Bermuda
Key people
 Rayo Withanage
—Chairman and CEO
Website www.thebmbgroup.com
BMB’s New York Headquarters at 1 World Trade Center

BMB Group is an advisory and asset management platform for ruling families and Forbes 200 investors. The company works only with ultra high-net-worth investors in private off-market initiatives.[1] Prominent founders include HH Prince Abdul Ali Yil Kabier[2][3] and HRH Prince Bahar Bolkiah[1] of the Brunei royal family, one of the oldest continuing lines of its kind in the Islamic World.[4] In an investigative report, Euromoney described BMB as "one of the world’s most exclusive financial institutions. The group calls to mind an era when courts of Asian empires were the global centers of money, technology, culture and power. Its growing number of investors are drawn from eastern ruling families with vast riches gleaned from the long term growth demand for commodities."[2]

The firm was founded in 2006 by prominent financier Rayo Withanage,[2] originally an attorney and strategist who developed a successful career as a direct investor.[5] Mr. Withanage, who was named in the Financial Times 100 rising stars of finance,[6] is the President, Chief Investment Officer and majority owner of the firm.[1][2] BMB and its affiliates have invested upwards of US$12 billion[2] around the world in the areas of real estate,[7] natural resources,[2][3] wealth management,[7] hospitality[8] and philanthropy.[9][10]

BMB's directors are actively engaged in philanthropy and alongside other endeavors support the Malaysian Government’s global philanthropic initiatives.[9] BMB is headquartered in Bermuda[1] with offices in London and One World Trade Center in New York City.[11]

References

  1. ↑ 1.0 1.1 1.2 1.3 http://online.wsj.com%2Farticle%2FSB10001424052748704123604575322974008677994.html
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 "Banking industry news & analysis of international finance | Euromoney magazine". Euromoney.com. Retrieved 2014-08-22.
  3. ↑ 3.0 3.1 "The East-West Nexus". Global Investor. September 2010. Retrieved 2011-12-04.
  4. ↑ "brunei". 4dw.net. Retrieved 2014-08-22.
  5. ↑ Rayo Salahadin Withanage. "Rayo Withanage: Executive Profile & Biography - Businessweek". Investing.businessweek.com. Retrieved 2014-08-22.
  6. ↑ http://www.efinancialnews.com/fn100/individual/4067620705/Rayo%20Salahadin%20Withanage?ea9c8a2de0ee111045601ab04d673622
  7. ↑ 7.0 7.1 http://online.wsj.com/news/articles/SB10001424052748704123604575322974008677994?mg=reno64-
  8. ↑ Effinger, Anthony (2010-10-14). "BMB Says It Bid $4 Billion for Atlantis Owner Kerzner". Bloomberg. Retrieved 2014-08-22.
  9. ↑ 9.0 9.1 "The BMB Group wins coveted mandate to manage Global Zakat and Charity Fund for OIC". AltAssets. 2009-03-01. Retrieved 2010-11-04.
  10. ↑ "BMB poach sharia team of Deutsche unit - Banking & Finance". ArabianBusiness.com. 2007-06-25. Retrieved 2014-08-22.
  11. ↑ Henderson, Jennifer. "Two Tenants Take 1 World Trade Center Pre-Built Spaces". Commercial Observer. Retrieved 2014-08-22.

External links