Family Office

The Withanage Family Office is primarily focused on developing proprietary transactions and operating businesses that can be meaningful and transformative for its core clients. The family office utilizes its commitment from its stakeholders to catalyse transactions and businesses.

Originated transactions are instances where partners welcome expansion capital to acquire stakeholders, consolidate positions and develop new business lines. The Withanage Family Office is also interested in the development of operating businesses and has interests in natural resources, real estate, hospitality, and media & technology.

The Withanage Family Office are disciplined investors with a long-term horizon. It plays a vital role in providing businesses with the capital to realize their growth potential. They uncover value by identifying great companies and enhance their performance by providing patient capital and partnering with strong management teams. This capital helps our portfolio companies launch new business initiatives, make transformational acquisitions, and upgrade technologies and systems to support their long-term plans.

Investments are not restrained by traditional private equity models, where there is a need for a more stringent time frame on exit and commercialization. The Withanage Family Office seeks to develop exceptional long-term value in our assets as an absolute return investor.

The Withanage Family Office Focuses on the Following Types
of Investments:

Withanage Family Office assists UHNW families and corporations to buy out stakes of other shareholders in a deadlock situation.
Withanage Family Office acts as the catalyst for UHNW families and corporations in merger initiatives through principal investment.
Where appropriate, Withanage Family Office invests into activist situations with UHNW families and corporations to help bring about reform to unlock shareholder value.
Withanage Family Office can leverage its capital, network and experience to assist the Group’s families, UHNW and corporations unlock and expand value.

Legacy Business

EMP GLOBAL

In 2008 BMB invested to acquire a 50% interest in EMP Global, a pioneer in emerging markets private equity. EMP was founded in 1992 by the former Prime Minister of Pakistan, Moeen Qureshi, and the former Treasurer of the World Bank, Donald Roth. The partnership raised over $7 Billion for private equity funds, focused on Asia, South America, the Middle East and emerging Europe.
BMB ISLAMIC

BMB acquired Deutsche Bank’s subsidiary business in Islamic finance, which advised on over $20 Billion in transactions. BMB Islamic was an early pioneer in Islamic finance. BMB advised the Malaysian Prime Minister, Abdullah Ahmad Badawi, and the Organization of Islamic Countries on the setup of a global  Zakat fund to manage Islamic philanthropic money. BMB Islamic was founded by Dr Humayon Dar.
SCEPTER PARTNERS

In 2015, BMB invested in the creation of Scepter Partners, a standing syndicate of sovereign investors and ultra-high-net-worth families. The formation of Scepter’s merchant banking division created one of the most experienced merchant banking specialists, focused on family offices and sovereign wealth.