KUALA LUMPUR: Jynwel Capital, in the news of late over its chief executive officer Jho Low’s role in the joint bid to buy Reebok from Adidas for about €1.7bil (US$2.5bil), believes in cultivating lifelong partnerships with significant investors and focuses on high-value investments.
According to its website, the international private equity investment and advisory firm works with leading sovereign wealth funds, major international investment companies and large family enterprises.
Jynwel Capital focuses on high-value investments in sectors including media and entertainment, consumer and retail, energy and resources, real estate and hospitality, precious metals, commodities and infrastructure.
“We also consider investments that have potential to yield synergies with our target sectors and existing portfolio, or may leverage the core strengths and unique qualities of our team and partners,” it said.
The Wall Street Journal had reported that Jynwel Capital was teaming up with investors from Hong Kong and Abu Dhabi to buy Reebok from Adidas.
Jynwel Capital and funds affiliated with the government of Abu Dhabi planned to send a letter to Adidas directors imminently, offering to buy its Reebok business for about €1.7bil (US$2.5bil).
The Journal said the architect of the bid is Low, 32, the grandson of a mining and liquor entrepreneur.
Low is best known for his role in setting up Terengganu Investment Authority in 2009 which has been renamed 1MDB now. He was an advisor to TIA.
However Low has in the past one year distanced himself from 1MDB a government investment fund that has drawn a lot of attention.
According to Jynwel Capital’s website, Low is a global investor and philanthropist who encourages market access and advances human progress through capital and social investments in a diverse range of projects.
It said he has led and invested in a number of mergers and acquisitions, restructurings and financings, cross-border transactions, leveraged buyouts and other investment projects of various sizes and complexity and across a variety of sectors, including media and entertainment, consumer and retail, energy and resources, real estate and hospitality, precious metals, commodities and infrastructure.
Low has served on the board and as an advisor of a number of listed, private and sovereign wealth funded companies. He is a member of the board of the Viceroy Hotel Group and The Electrum Group, and is also an alternate director of Lilestone Ltd.