The New Alternative

Investment Opportunity: Profitable Indian IT Company for SALE

Felix — Sun, 08 Aug 2010 11:58:39 +0000

Apache Advisors is acting for a privately-owned, India-based, global information technology services and consulting business. The business provides web application development, web designing, SEO, product engineering & re-engineering and remote database/ infrastructure management services. The Company has expertise in proprietary technologies such as .NET, C, C++ etc. as well as Open Source technologies such as PHP, Ruby on Rails etc.

It has a global client base extending from the USA, Middle East, Europe, Asia and ANZ, and client types include both end-user businesses as well as other technology firms which outsource their client work to the Company. Its clientele includes major players in travel industry, financial institutions, educational institutions, and resellers

The business has a profitable operating history of over 2 years, employs 70 staff (including senior management, project managers and engineers), and has 25 clients on monthly retainer contracts together with a good pipeline of potential business. The turnover of the business last year was USD $1.3 million and this will increase to USD $2 million for the current based on existing contracted clients and prospects.

The proprietors of the Company now wish to offer for sale a meaningful equity stake in the Company. They would, however, also consider selling the entire business to a more substantial organization in a similar industry in which the existing client relationships could be maintained.

If you are interested in investing, please get in touch with me directly. My contact details are below.

With kind regards

Felix Sim
Managing Director

APACHE ADVISORS
Office: +971 (4) 305 0635
Mobile: +971 55 887 6168
Email: felix.sim@apacheadvisors.com
Skype: felixs.im
Website: www.apacheadvisors.com

New Consultancy Practice to provide bespoke consulting services in and from the Middle East

Felix — Sun, 02 May 2010 11:18:34 +0000

Two highly experienced investment industry practitioners, Paul Forsyth and Felix Sim, have partnered to form APACHE ADVISORS, a new, unique and independent consultancy practice. Based in Dubai, the new firm will provide strategic advisory services to governments, investment managers, banks and private offices on business strategy, product development, distribution & marketing. The emphasis will be on the Middle East region.

APACHE ADVISORS will work primarily with companies involved in the finance and investment industries drawing on the wealth of experience that its principals have acquired over the years. The Apache team has carried out multiple projects in areas such as cross-border initiatives, global distribution strategy, market segmentation, product development for some of the world’s leading investment businesses.

Paul Forsyth commented “we talk to local firms who want to cast their net wider. Many look to the Indian subcontinent and into Asia which they perceive to be the new economic engines. Being so close, they want to be part of this exciting growth story. We can help these companies deliver their plans effectively. We can help them avoid the pitfalls and maximise the opportunities. This can involve a fairly radical rethink of how they do business, reflecting both commercial and cultural issues.”

Felix Sim added “we have recognised for some time that incoming investors do find it difficult to establish meaningful businesses in the Gulf. Setting up the business can itself be very challenging but that is only the beginning. Doing business successfully in this region is all about building relationships and that is where we can help.“

“A growing number of investment institutions around the world are looking to develop and grow their business relationships in the Gulf. Hedge funds and other alternative investment managers in particular show the most interest to be present in the region as investors begin to look for investment opportunities that will give them uncorrelated, superior risk-adjusted returns,” observed Felix Sim.

Both Paul Forsyth and Felix have Sim established solid connections in the Gulf. This, coupled with their extensive range of contacts with financial industry professionals around the world, means that APACHE ADVISORS can offer real added value – both to local clients who are seeking international expansion and to overseas clients who aim to build a business of substance in the Gulf region.

Apache Advisors’ website can be found at http://www.apacheadvisors.com.

Seatown Holdings launches with USD$3 billion in Singapore

Felix — Wed, 10 Feb 2010 11:15:22 +0000

Singapore investment fund Temasek Holdings has set up a new investment company called Seatown Holdings. According to the statement, Temasek’s senior managing director and chief strategist Charles Ong will be the chief executive of the new company. Mr Ong said Seatown is a global investment company, wholly-owned by Temasek Holdings. It is not immediately clear how Seatown’s mandate will be different from Temasek’s own investment role. Remember, Temasek’s investment mandate is to protect the monies of Singapore, including the pension monies (CPF) of its residents. Temasek set up Fullerton Fund Management a few years ago to manage 3rd party money. I suppose the real question to ask is how different would Seatown be from Fullerton Fund Management’s mandate. Or even, how different is it from GIC’s mandate? Some news reports say that in addition to investing the city-state’s own assets, Seatown will eventually open its doors to Singapore’s citizens, allowing them to co-invest with the sovereign fund.

I did some research and found a flowchart from this blog, where the author interpreted the money flow within this organisation. See the chart below (click on it for a larger version).

A spokesman said he had no further details beyond the statement. Temasek said it has seconded a small core team and is still in the process of building up the Seatown team. Earlier, Dow Jones reported that the new company will have an investment capital of around US$3 billion and would focus on investments in emerging markets with an emphasis on Asia.

$30mm FOF launched in Asia

Felix — Fri, 05 Feb 2010 09:14:56 +0000

South Korea’s Woori Investment & Securities Co Ltd has released a statement which says it is set to launch a $30 million fund-of-hedge-funds with Temasek’s Fullerton Fund Management, as part of a restructuring of its hedge funds business. Restructuring, after some reading, means closing down a $60m hedge fund and redeploying half of that money into a Fund of Funds product, which will be managed by Woori but investment advisory will be provided by Fullerton.

If you’re in the Asian (inc. Japan) equities long/short business, there’s probably $1mm to $2mm for you from this new FOF so go ahead, send your pitch books now!

What Bernie Madoff could not steal from me (a video)

Felix — Sun, 31 Jan 2010 19:48:11 +0000

Not exactly what you were expecting, but this video is pretty interesting. Enjoy.

HR MANAGER REQUIRED FOR A FINANCIAL CLIENT- Westchester, New York

Felix — Tue, 26 Jan 2010 20:42:08 +0000

Responsibilities will include but are not limited to:

Responsible for understanding, interpreting, administering and mediating any and all forms of inquiry that arise relating to human resources;
Maintain compliance with all state and federal laws pertaining to human resources employment in all regions, updating forms, policies, procedures and programs as needed;
Manage human resources operations by recruiting, selecting and orienting staff;
Assist managers with employee performance management, including 360 feedback performance, annual reviews, development, training, coaching and counseling;
Responsible for administering employee retention plan, employee benefits and salary updates;
Conduct exit interviews as needed;
Attend seminars, conferences and keep abreast to changing laws and market trends; and
Mentor junior staff.

QUALIFICATIONS:

5-7 years of progressive, generalist HR Management experience with 3+ years of direct Supervisory responsibilities, preferably within the Finance sector
Bachelor’s degree in Business Administration, Human Resources/Organizational Development required
PHR/SPHR certification preferred
Comprehensive knowledge of general employment legislation and the application of regulations in the areas of Title VII, EEOC, FLSA, ADA, FMLA, COBRA, HIPPA and related employment laws
Ability to analyze, identify and develop policies and procedures
Prior experience integrating satellite offices
Recruiting new employees and on-boarding experience
Prior experience conducting 360 and annual performance reviews
Exhibits proactive, highly adaptable, level-headed management approach
Excellent interpersonal, presentation, communication and writing skills
Ability to multi-task, prioritize and establish goals
Knowledge of ADP Payroll, Excel, Word, Power Point and General Microsoft Office Applications

Salary – Around $100-115k plus bonus

**MUST HAVE A STRONG FINANCIAL BACKGROUND FROM EITHER AN INVESTMENT BANK, HEDGE FUND, PE FUND ETC**

If you are interested in this position, please drop me an email.

Middle East Hedge Funds Group (4th February 10)

Felix — Mon, 18 Jan 2010 18:17:33 +0000

The Middle East’s only hedge fund group is organising a networking evening bringing together Middle Eastern and international investors, hedge funds and their services providers.

Venue: Dusit Thani Hotel, Sheikh Zayed Road, Dubai

Date: February 04, 2010

Time: From 7:00PM

Fees: $40 (including first drink)

As this is our first event, we are keeping it to a maximum of 50 attendees so networking can be done more effectively. All attendees will have their company profiles featured in the Middle East Hedge Funds Group newsletter, free of charge, which goes out to 1,749 investment professionals who have interest in the Middle East.

We look forward to meeting you at the event.

Get Funded, now.

Felix — Mon, 18 Jan 2010 17:47:04 +0000

If you are looking for a loan (individuals and businesses), and have problems getting the banks to listen, you will want to continue reading this post. There is a new Asset Based Loan program that will give individuals and businesses up to 90% LTV against a portfolio of listed securities. This is backed by a reinsurance company. For more information about this ABL program, visit the ABL application page, now.

Latest Hedge Fund Jobs: 24-Dec-09

Felix — Thu, 24 Dec 2009 14:30:33 +0000

Turnaround, Restructuring, Bankruptcy Specialist (VP level & Director Level), 6-7 years experience or more – New York
Infrastructure Analyst/Senior Analyst (Infrastructure Advisory firm) – Washington
Marketing/Communications Manager, 5 years plus experience – New York
HR Manager/Director (Generalist) 5-7 years experience, financial experience preferred – New York

If (and only if) you match the requirements and are interested in either of the roles above, drop me an email.

Power Projects, anybody?

Felix — Sun, 20 Dec 2009 12:59:11 +0000

A contact is looking for projects which are ready to build and or to invest.

The permissions / approvals, executive summary / business plan 1 page, in case of power projects PPA, etc. have to be ready to build the projects.
Existing profitable plants, etc.

As usual, drop me a note if you have something to discuss.