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White Knight Corporate Raider CEO Shyam Mehta. Love and Happiness. The purpose of The Loving Heart Centre is to create love and happiness in the world In many instances distributing money can help to do this. Money.
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White Knight Corporate Raider CEO Shyam Mehta
Love and Happiness • The purpose of The Loving Heart Centre is to create love and happiness in the world • In many instances distributing money can help to do this
Money • The objective of White Knight Corporate Raider (“White Knight”) is to make money for you and to also make money for charity • 90% of profits to you, 9.5% of profits to charity, 0.5% costs • By comparison a typical hedge fund will give you the equivalent of only 50%-60% of profits (with a 2%/20% fee structure)
Charitable Purpose • Each year, natural catastrophes impact 300 million people across the world • The scale of devastation is unimaginable • White Knight will distribute funds to charities, but not exclusively those dealing with natural catastrophes • It selects the best charities to support, maybe you have suggestions
Enormous Opportunity (1) • 8 estate agents recently offered to sell my house. One agent quoted a commission of 1.25%, another 3%..: there is no logic • UK agents are incompetent in this area: they either overcharge or undercharge customers • Given that there are fixed costs, the values of these agencies could be dramatically increased (200%+) by correct pricing
Enormous Opportunity (2) • I undertook a study of 16 randomly chosen FTSE 100 companies • For 8 of these, a simple change in pricing strategy (reducing prices by typically 6%) creates a huge increase in shareholder value (by between 60% and 290%) • They mostly have high overheads and a small change in price creates a competitive advantage and greatly impacts P&L
The Idea • Form a Private Fund in Gibraltar to buy shares in undervalued companies, persuade them to change their pricing so as to increase profitability • Insulate the investor from stock-market volatility by adopting a market neutral (‘beta’ =0) strategy • 90% of profits to investors, almost all the rest to our chosen charities • For the investor it is almost the same as investing directly, costs are low:
Costs • Gibraltar is the optimal jurisdiction in the world to form this Fund, within the security of a UK environment • There are also various other practical reasons to choose Gibraltar, which we can discuss • Setup costs: £10,000 • Annual costs: about £100,000, plus 0.5% of profits • Because of these costs we need a sizeable Fund to begin with
Target Size • We are seeking funding for White Knight of £20,000,000 to £50,000,000 or more to start with • Once we have raised this money we can create the Fund and start investing • The greater the Fund, the bigger the companies we can invest in and engage with
My Credentials • I have been working in the City of London, with leading firms such as Shearson Lehman Securities, Merrill Lynch and BNP Paribas, and others, for 40 years • I have enormous expertise in this area, having been studying company financial statements for 45 years • My detailed CV is available on request
Working With.. • Henry Northcroft • Mohammad Rostom • Dave Kaemmerlen, head strategist for 3GT hedge fund in Gibraltar. He has 22 years’ experience trading equities and derivatives
Risk Warning • The value of your investment may fall as well as rise and you may get back less than you invested
Conclusion • Here is a wonderful opportunity to • make lots of money for yourself and, at the same time, • help charity • If you have significant investments please consider giving some (£100,000 or more) to be managed here • The terms offered are enormously attractive compared with those for other hedge funds
More Information • Shyam Mehta • shyam@whiteknightraider.com • +44 (0) 795 663 4444 • Dave Kaemmerlen • dave@3gt.gi • www.whiteknightraider.com (under construction) • www.lovingheartcentre.net