Rajiv Jain had hinted in Sydney that Adani would invest more in companies based on how earnings grow. His profile is also different. In 2016, GQG Partners, a US-based global investment company, was established. Born and brought up in India, Jain came to America in 1990 to study MBA. Started career as portfolio manager in 1994. Co-founded GQG Partners in June 2016 after 22 years at one company. Tim Carver is the business partner.
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Jain, who owns a majority stake in GQG, invests most of his personal wealth in various funds. The company’s share sale in Australia in 2021 was the country’s largest IPO. The company raised 89.3 crore dollars, 95 percent of the IPO proceeds were invested in the company itself.
As a portfolio manager and analyst at GQG Equity Strategies, he is a risk-taker. One who finds opportunity in challenges. Most of Jain’s lucrative investment bets were from traditional businesses, where he made billions from investments in sectors like oil, tobacco and banking. . He grew GQG into a $92 billion powerhouse within seven years.
One of GQG’s largest funds is the $26 billion Goldman Sachs GQG Partners International Opportunities Fund. Since its inception in December 2016, the fund has gained 10.8 percent annually.