General Enterprise Management Services Limited (GEMS)

Industry: Financial Services

Main business locations: Asia Pacific region

Registered Office:
Omar Hodge Building
Wickhams Cay I
P.O. Box 362
Road Town, Tortola
British Virgin Islands

Incorporation year: 1998

Financial highlights:
Funds under management (2005): US$650 million

Main institutional investors:
AIG, GE Capital, Spectrum Value Management, Hutchison Whampoa, Dubai Investment Authority, Japan Tobacco, Mitsui, Mitsubishi, Richemont

About the BVI company:

General Enterprise Management Services Limited (GEMS) was founded in 1998 by Simon Murray as an independent investment company just for management of private equity funds. Now it is a private equity fund management group that manages the GEMS Funds (I, II and III), which in its turn make direct investments in the Asia Pacific region. Funds under management in these three Funds total over US$650 million, representing capital commitments from corporate clients, prominent family offices and select individual investors from around the world.

GEMS provides outstanding returns to its investor base, which includes private investors and major multinational institutions such as AIG, GE Capital, Spectrum Value Management, Hutchison Whampoa, Dubai Investment Authority, Japan Tobacco, Mitsui, Mitsubishi, Richemont and others.

GEMS Funds have committed to more than 26 deals over seven years at a total value of approximately US$450 million. GEMS I has already made gross distributions totaling over US$252 million.