PHILIPPINE DISCOVERY INVESTMENT COMPANY LIMITED (PDICL)

PDICL is the largest funded private equity fund dedicated to the Philippines, with US$43m in investment capital. It is a Guernsey-registered close-ended fund listed on the London Stock Exchange.

Strategic investors add value beyond cash:

Corporate shareholders: 

  • Bass Brothers of Fort Worth, Texas
  • Hsin Chong Group of Hong Kong 
  • Mitsui & Co. of Japan
  • PSA Corporation of Singapore
Financial shareholders: 
  • Philippines National Bank 
  • Security Bank 
Active IPO Players: 
  • G. K. Goh Holdings of Singapore
  • Soros Private Equity Partners 
  • Value Partners of Hong Kong
PDICL Board of Directors are: 
  • Rt. Hon. The Earl of Cromer, Chief Executive Officer of Cromer Associates Ltd. 
  • Cesar A. Buenaventura, former Chief Executive Officer of Shell Philippines
  • Peter B. Favila, president of Allied Bank
  • Goon Kok Loon, Deputy Group President and President of the International Business Division of PSA Corporation
  • John D. McEvoy, Executive Director of Soros Private Equity Partners
  • Philip P. Monbiot, founder of the Karintina Group
  • Martin Bowen, CFO of Fine Line, Inc, an Edward Bass holding company
Information on PDICL's financial performance can be accessed from Bloomberg (Ticker: PHIDICI OS Index).

Three of PDICL's investments are:

Macondray & Co., Inc. - controls the world's largest Del Monte pineapple plantation and is a major canned food producer in the Philippines.

More information on our investment in Macondray
www.delmontepacific.com
 

Fastech Synergy Ltd. - a fast growing exporter of discrete electronic devices. 

More information on our investment in Fastech
www.fastechsynergy.com

Smart Communications, Inc. - the largest cellular telephone network operator in the Philippines. 

More information on our investment in Smart / PLDT
www.pldt.com.ph
www.smart.com.ph

SIP (L) LIMITED

SIP (L) Limited is a wholly-owned subsidiary of Soros Private Equity Partners. In February 1998 it entered into a US$35 million Co-Investment Agreement with the Philippine Discovery Investment Company Limited (PDICL) by which it is entitled to invest alongside PDICL on some or all investments made by PDICL. To date, SIP (L) has co-invested in one of PDICL's investments – Macondray & Co, Inc.
 

FIDELITY CAPITAL FAR EAST

Fidelity Capital Far East has an US$8 million co-investment with PDICL.

CAMBRIDGE PACIFIC FUND LTD 

Cambridge Pacific Fund Limited is a US$40 million global investment fund launched in March 2000.

Investment:

  Banco de Oro - the Philippines' twelfth largest commercial bank

More information on our investment in Banco De Oro

www.bdo.com.ph

ASIAN CONSERVATION CORPORATION

Asia's premier conservation company founded primarily to invest in profitable enterprises which promote conservation and preservation of biodiversity and the protection of the environment in the Philippines or elsewhere in Southeast Asia. 

Investment:

 Ten Knots Development Corporation - manages El Nido Resorts in Palawan, south of the Philippines.  

 

More information on our investment in Ten Knots Development Corporation

www.elnidoresorts.com