Hermes-Sojitz

Hermes-Sojitz
private equity
Industry Financial services: private equity (2012–present); direct investments (2012–present)
Founded 2012
Headquarters
World Finance Centre
Harbour
City Hong Kong
Number of locations
 8 offices in 8 countries
Products useful minerals, property development, food industry
Revenue $140 billion (2014)
Total assets $42 billion (2014)
Website Official website

Hermes-Sojitz investment foundation is an international alliance of Asian and European shareholders focusing on direct investments into Asia, Africa and Russia.

The foundation focuses on the emerging markets and makes investments into the development of deposits of useful minerals in gas, oil and metallurgy industries, property development and food industry. In Asia fund invests in commercial real estate – hotels and business centers. Investments in African continent are directed on mining, food industry and development, basically in the construction of shopping malls. In Russia fund invests in food industry and consider possibility to enter Russian market of real estate (hotel and shopping malls).

The foundation operates according to principles of green investing that includes creation of suitable social basis for project development, environmental protection and concern for priorities of local populations.

In order to expand activities in Russia a representative office of Hermes-Sojitz foundation was opened in Moscow in 2013 under the direction of Oleg Yantovsky. The main European office was moved to Italy in 2015.

Advantages of the foundation

Twenty years of experience in managing projects in real economy and development.

Employment of modern technologies and innovative equipment.[1]

Total equity capital of the foundation: USD 140 million.

Investment portfolio until 2017 in Africa: USD 3 billion.

History

2012 was marked by the beginning of the development of deposits of useful minerals. Geological research of the foundation is based on search and exploration of deposits of hydrocarbon and hematite (iron ore) on the territory of Western Africa.[2][3]

In 2013 the Hermes-Sojitz foundation representative office was opened in Russia. In the course of G20 summit were reached the agreements to invest in West Africa.[4]

2014 was marked by the beginning of implementation of a major investment program for the development of fish processing industry in Western Africa, including building of four fish processing facilities. Opening the first surimi (a particular kind of fish spread) producing complex is scheduled for the first quarter of 2015. All other Hermes-Sojitz facilities projects have been launched this year. Total amount of investments is EUR 170 million.[5][6][7]

In 2014 Hermes-Sojitz foundation made an investment into modernization of production equipment of the Karelian Industrial Complex which is the only mass producer of surimi in Northwestern Federal District of Russia. This will result in increase of the production capacity of the enterprise to 2–2.5 thousand tons of products per month.[8][9]

2014 was marked by the beginning of work for the new international index of readiness of countries for the development of industrial projects according to the environmental regulations – Eco Investment Index (ECI).[10]

2014 was marked by launching the development direction of growth for territories in Western Africa. Investment portfolio is represented in the area of residential and commercial real estate of premium and business class. Amongst the prospective projects of the foundation are a multi-functional 65 storey high skyscraper, a residential complex of 25 stories, and a shopping mall of 100,000 sq. meters. During the implementation of these projects the most recent achievements in energy saving construction, design and engineering are used.[11][12]

In 2014 due to the decision of the Blackstone Group investment company to suspend its operation in Russia, as well as the decision of such players as EBRD and IFC to put freeze on the development of projects, the Hermes-Sojitz foundation is now considering making investments in these projects in Russia.[13]

In 2015 fund’s Board of Directors assigns to Italian office status of the central in the Europ.[14]

References

  1. ↑ БалТПП: Минэкономразвития приглашает бизнес в Африку
  2. ↑ Деловой Петербург: Во что надо инвестировать в Африке?
  3. ↑ Online47: Посол Сенегала предложил российскому бизнесу налоговую индульгенцию
  4. ↑ Grâce au fonds d'investissement Hermes-Sojitz au Sénégal, on s'apprête à commencer la production innovante du traitement de poisson
  5. ↑ Le soleil: Investissements: Des Russes annoncent une usine de transformation de produits halieutiques à Sangalkam
  6. ↑ Эхо Москвы: Посол Сенегала в России отметил вклад инвестиционного фонда Hermes-Sojitz в развитие экономики африканской страны
  7. ↑ Bportal: Строительство рыбоперерабатывающих фабрик в Западной Африке
  8. ↑ Деловой Петербург: ГК "Карельский комбинат" за 55 млн евро построит в Карелии гостиничный комплекс с яхт-клубом
  9. ↑ Investment fund backs Africa surimi plant
  10. ↑ Eco Investment Index (ECI)
  11. ↑ Эксперт Северо-Запад: Развитие реального сектора потребует мобилизации
  12. ↑ Деловой Петербург: Инвестиции уходят от кризиса в Африку
  13. ↑ Interfax: Азиатские инвестиции профинансируют проекты Blackstone Group, ЕБРР и IFC в России
  14. ↑ Italy becomes investment center of Hermes-Sojitz in Europe

External links

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