The main shareholder of three funds: BBI Capital, Development and Zeneris is preparing a new strategy. The plan is simple: the company will invest not only in listed investment funds but also foreign funds and investment banking services.
BBI Investment group which controls three listed funds, BBI Capital, BBI Development and BBI Zeneris and is an important shareholder of Sygnity IT company, is preparing its long-term strategy. It will be ready at the end of the year but “PB” has reached access to its main provisions already.
“The aim is to found two new pillars to the present business. Today, we base on investment operations done with our own funds. We want to reach substantial sales in managing entrusted capital and in certain investment banking services”, Pawel Turno, BBI Investment CEO and main shareholder said.
The strategy provides for transforming BBI group into a financial holding. BB Investment will manage the three business lines.
The reason for the new strategy is not only to develop the group but also to get new sources of financing.
“So far, we have invested our own capital. Our potential is limited, however. We couldn’t conduct big buy outs or start all businesses we were interested in. That’s why we couldn’t implement all interesting ideas. We now want to take capital from other investors”, Pawel Turno said.
Today, the group is focused on private equity, homebuilding and green energy investments.
“We have identified 10 new interesting investment areas. I mean sectors,
kinds of assets and value of the transaction”, Pawel Turno added.