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One Thousand & One Voices

A growing slice of the pie: Private equity and the family office

September 12, 2016

Private equity has a special pull for families used to running operating businesses. But with record levels of assets committed to private equity funds is it the best asset class to drive returns?

Private equity has a special pull for families used to running operating businesses. But with record levels of assets committed to private equity funds is it the best asset class to drive returns?

The plotline is one that has been played out countless times before. A family has made its wealth in an operating business, has exited and is now running a family office. Do they sit back and take a diversified approach to their wealth or eventually get itchy feet and pour their assets back into the sector they know best?

Family Business Roundup: Suzuki, Institutional Shareholder Service, and One Thousand & One Voices

July 3, 2015

Suzuki CEO names eldest son as successor, ISS adds voice to contentious Samsung merger, and family-backed equity firm invests in African beef, and

Suzuki CEO names eldest son as successor

Osamu Suzuki, the 85-year-old CEO of Japanese auto maker Suzuki, named his eldest son as the new president this week, easing investor concern over the firm’s succession plan.

Executive vice president Toshihiro Suzuki took over the role of president and chief operating officer on Tuesday. His outspoken father will remain CEO and chairman for the foreseeable future, according to Tuesday’s statement.

Family-backed equity firm invests in African raisins

February 5, 2015

One Thousand & One Voices, a private equity firm founded by brewing next-gen John Coors, has taken its first step towards a planned $300 million (€261 million) investment in Africa by backing a local agriculture business.

The 70-million South African rand (€5.3 million) investment in RedSun Dried Fruit & Nuts, one of the country’s largest raisin producers, will be used to develop processing facilities and to double its workforce.

One Thousand & One Voices' "patient capitalism"

August 12, 2014

Harnessing the collective power of family capital is not a new concept. But One Thousand & One Voices is adding a twist: calling on families’ sector expertise and intellectual firepower to super-charge emerging market SMEs. Just don’t call it impact investing.

For more than 20 years, McKay Belk, in his role as president and chief merchandising officer at his family’s third-generation family business Belk, has spent hundreds of hours every year crisscrossing the globe with his team.

He travelled widely to source products from across southeast Asia, China, India and Africa to stock its 300 plus stores - Belk is the largest privately-owned department store chain in the US generating $4 billion (€3 billion) in revenue in 2013.