GQG Partners

Rajiv Jain founded GQG Partners in 2016 and is its chairman and chief investment officer.

As per the press release, GQG Partners invested ₹5,460 crore for 38,701,168 equity shares in Adani Enterprises and 8.86 crore equity shares for ₹5,282 crore in Adani Ports. As per his LinkedIn profile, he is also the portfolio manager for all GQG Partners strategies and was honoured as the Morningstar Fund Manager of the Year (Global Equities) in 2012. Through an approach titled ‘Forward Looking Quality’, GQG Partners details in its website that it strives to increase their clients’ wealth by protecting assets in choppy markets and participating in emerging markets. It also sought a status report from SEBI on its ongoing investigation into the matter within two months. The Adani stock shares were bought at discounts ranging from 4.2% to 12.2% of Thursday’s closing price. [Adani Group](https://www.hindustantimes.com/topic/adani-group) on Thursday [raised ₹15,446 crore after selling shares](https://www.hindustantimes.com/business/adani-sells-1-87-billion-worth-stake-in-4-group-companies-to-gqg-partners-101677801219236.html) in four of its listed companies to GQG partners, a US boutique investment firm. After serving as chief investment officer and head of equities at Vontobel Asset Management from January 2002, he was made the co-CEO from March 2014 to May 2016. He is renowned for his knowledge in tracking bargain buys in equities. With over 23 years of expertise, Jain founded GQG Partners in 2016 and is its chairman and chief investment officer. Last month, his investment company was named ‘Fund Manager of the Year – Global Equities’ at the Morningstar Australia Awards. With a majority stake in his own firm, he pumps in most of his money into its funds. After hitting the headlines for the first major investment in the embattled Adani Group following the scathing report by Hindenburg Research that triggered a stock rout, the man behind the massive block deal - Rajiv Jain - is grabbing the limelight.

United States boutique investment firm GQG Partners has bought shares worth USD 1.87 billion in four Adani group companies, Reuters reported.

Rajiv Jain. A series of sudden block deals in multiple listed entities of the Adani Group eventually unleashed a global investor's bid to take positions in the ...

I think from an Adani perspective, there is a lot of hot air in my opinion. The second thing is these are regulated assets...you can verify a lot of these revenue streams from other places. Jain, who was born and raised in India, earned an MBA in Finance and International Business from the University of Miami. Tim Carver is the CEO of GQG Partners and he has built boutique investment firms for over 15 years. Prior to co-founding Northern Lights, Carver was a co-founder of Orca Bay Partners, a private equity firm where he developed a practice area focused on capitalising boutique investment firms. In a February 2022 interview with the Financial Review, Jain said, “Remember what Chuck Prince said in 2007: you’ve got to dance when the party’s on,” Jain says. Now with the Adani group's pivot towards renewable energy and green hydrogen, guess GQG's mega block deals make perfect sense! "I bought my first stock in high school and I have been managing other people's money for over 22-23 years," Jain says in an introductory video on the firm's website. It is listed on the Australian Securities Exchange and majority owned by its employees. According to the firm's latest annual report, those strategies are Global Equity, International (non‑US) Equity, Emerging Markets Equity, and US Equity. The firm was founded by Rajiv Jain in June 2016. We value GQG’s role as a strategic investor in our infrastructure and utility portfolio of sustainable energy, logistics and energy Transition.

अदाणी ग्रुप (Adani Group) को अमेरिकी निवेशक से बड़ा सहारा मिला है। अमेरिकी इनवेस्टमेंट ...

India Business News: The Adani Group has sold stakes worth Rs 15446 crore to a leading US-based global equity investment boutique GQG Partners, ...

In AGEL, where promoters held 60.5% shareholding, 5.5 crore shares or 3.5% stake was sold for Rs 2,806 crore. As much as 2.8 crore shares or 2.5% stake in of ATL, where promoters held 73.9% shareholding, was sold for Rs 1,898 crore. In AEL, where the promoters held 72.6% stake prior to the sale, 3.8 crore shares or 3.39% stake was sold for Rs 5,460 crore. In APSEZ, where promoters held 66 per cent stake, 8.8 crore shares or 4.1% shareholding was sold for Rs 5,282 crore. In a series of secondary block trade transactions, the group sold stakes in four of its companies - Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Transmission Limited and Adani Enterprises Limited. has sold stakes worth Rs 15,446 crore to a leading US-based global equity investment boutique GQG Partners, the company said in an official release to the bourses on Thursday.

In a much-needed relief to the Adani Group, US-based global equity investment firm GQG Partners has made investments worth ₹15,446 crore in four Adani group ...

GQG Partner’s chairman and chief investment officer Rajiv Jain was quoted in the statement as saying that he was excited to have initiated positions in the Adani companies. Adani Enterprises ended up 2.8 percent higher while Adani Ports gained 3.5 percent on the NSE. Last week, he had spoken positively about the group in an interview with a television channel. Senior officials have been assuring investors that it would be able to pay overseas bonds’ dues as they mature through loans from foreign banks, while a bridge loan taken to buy Holcim’s cement companies in India would be repaid by promoters. GQG made the investments through its Emerging Markets Equity Fund, International Opportunities Fund (which is distributed by Goldman Sachs) and some other funds. He added that the transaction was an affirmation of confidence of global investors in the “governance, management practices and the growth of Adani Portfolio of companies.”

समूह ने एक बयान में कहा कि अडाणी पोर्ट्स एंड स्पेशल इकोनॉमिक जोन लिमिटेड (एपीसेज), ...

गौरतलब है कि एईएल में बिक्री से पहले प्रमोटरों की 72.6 प्रतिशत हिस्सेदारी थी और इसमें 3.8 करोड़ शेयर या 3.39 प्रतिशत हिस्सेदारी 5,460 करोड़ रुपये में बेची गई. ऐसे में अमेरिकी निवेश फर्म के अडाणी ग्रुप की चार कंपनियों में रुचि से बाजार में पॉजिटिव संकेत के जाने का स्पष्ट आसार है. बयान में बताया गया है कि अमेरिका की ग्लोबल इन्वेस्टमेंट फर्म, GQG पार्टनर्स ने 15,446 करोड़ रुपये में अडाणी ग्रुप की पोर्टफोलियो कंपनियों में हिस्सा खरीदा है. बताया गया है कि GQG पार्टनर्स ने चार कंपनियों में डील के जरिए निवेश किया है. समूह ने एक बयान में कहा कि अडाणी पोर्ट्स एंड स्पेशल इकोनॉमिक जोन लिमिटेड (एपीसेज), अडाणी ग्रीन एनर्जी लिमिटेड (एजीईएल), अडाणी ट्रांसमिशन लिमिटेड (एटीएल) और अडाणी एंटरप्राइजेज लिमिटेड (एईएल) की कुछ हिस्सेदारी अमेरिकी कंपनी को डील के तहत दी है. ग्रुप की ओर एक बयान में बताया गया है कि ग्रुप के प्रोमोटर्स ने एक ब्लॉक डील के जरिए 15,446 करोड़ रुपये जुटाए हैं.

Adani block deals: अमेरिकी बुटीक निवेश फर्म जीक्यूजी पार्टनर्स (GQG Partners) ने अडानी समूह की चार ...

अडानी पोर्ट्स में 4.1% हिस्सेदारी 5,282 करोड़ रुपये में खरीदी है। अडानी ट्रांसमिशन में 2.5% हिस्सेदारी 1,898 करोड़ रुपये में और अडानी ग्रीन एनर्जी में 3.5% हिस्सेदारी 2,806 करोड़ रुपये में ली है। कौन है यह भारतीय शख्स, जो संकट में भी दे रहा अडानी का साथ, झटके में खरीद डाले ₹15,446 करोड़ के शेयर [हिंदी न्यूज़](/) [बिजनेस](/business/)कौन है यह भारतीय शख्स, जो संकट में भी दे रहा अडानी का साथ, झटके में खरीद डाले ₹15,446 करोड़ के शेयर

"He does not explicitly run an ESG fund, and importantly, his investors are well aware of that," he said in reference to GQG buying into Adani which has ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) This is expected to facilitate trade as the West ratchets up sanctions on Russia. ESG stands for environmental, social and governance. [Adani Sells $1.87b Stake in Group Cos](/epaper/delhicapital/2023/mar/03/et-front/adani-sells-1-87b-stake-in-group-cos/articleshow/98373914.cms) [Insurers Eye Bigger Marine Pool for Russia Shipments](/epaper/delhicapital/2023/mar/03/et-front/insurers-eye-bigger-marine-pool-for-russia-shipments/articleshow/98373905.cms) [Hindenburg-triggered Adani Stock Plunge: SC Names Panel to Review Investor Protection Norms](/epaper/delhicapital/2023/mar/03/et-front/sc-names-panel-to-review-investor-protection-norms/articleshow/98373900.cms) Adani Group on Thursday said US-based boutique investment firm GQG Partners has picked up equity stakes worth $1.87 billion (₹15,446 crore) in four listed group companies — Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission and flagship Adani Enterprises — via secondary share sales. [Adani Enterprises Ltd](/adani-enterprises-ltd/stocks/companyid-9074.cms)for about $662 million, 4.1% of [Adani Ports](/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms)and [Special Economic Zone Ltd](/topic/special-economic-zone-ltd)for $640 million, 2.5% of [Adani Transmission Ltd](/adani-transmission-ltd/stocks/companyid-57724.cms)for $230 million, and 3.5% of [Adani Green Energy Ltd](/adani-green-energy-ltd/stocks/companyid-64847.cms)for $340 million, showed an Adani regulatory filing. [GQG](/topic/gqg)Partners Inc's Australian-listed [shares](/definition/shares)fell by as much as 3% on Friday after the international investment firm pumped $1.87 billion into four companies under embattled Indian conglomerate [Adani](/topic/adani)Group. [Rajiv](/topic/rajiv)Jain told Reuters the Australian-listed firm had carried out its own "deep dive" into Adani and disagreed with Hindengurg's report. [Adani Enterprises](/adani-enterprises-ltd/stocks/companyid-9074.cms)hitting a two-week high.

United States boutique investment firm GQG Partners has bought shares worth USD 1.87 billion in four Adani group companies, Reuters reported.

Adani Group: अडानी समूह की चार कंपनियों के शेयर खरीदने वाले जीक्यूजी के राजीव जैन ने केवल 7 ...

लेकिन बीते दो दिनों में अडानी समूह के शेयरों में गजब की तेजी देखने को मिली है. लेकिन अडानी समूह के लिए जीक्यूजी पार्टनर्स (GQG Partners ) के को-फाउंडर और चैयरमैन राजीव जैन ( Rajiv Jain) हनुमान साबित हुए हैं जिन्होंने 15446 करोड़ रुपये में अडानी समूह की चार कंपनियों के शेयर खरीदकर समूह को संजीवनी प्रदान की है. राजीव जैन जीक्यूजी पार्टनर्स के चेयरमैन और चीफ इंवेस्टमेंट ऑफिसर हैं और वे जीक्यूजी की निवेश की रणनीति बनाते हैं. राजीव जैन ज्यादातर निवेश ऑयल, टोबैको और बैंकिंग सेक्टर में करना पसंद करते हैं. बीते पांच वर्षों से वे अडानी समूह के स्टॉक्स पर नजर बनाये हुए थे लेकिन उन्हें तब समूह के शेयर का वैल्यूएशन महंगा नजर आ रहा था. राजीव जैन ने अडानी समूह की कंपनियों के शेयर क्या खरीदे समूह के स्टॉक्स पर निवेशकों का भरोसा फिर से लौटने लगा है और अडानी पोर्टफोलियो के सभी शेयर्स रॉकेट बना हुआ है.

Leading US Global equity boutique, GQG Partners, have completed a INR 15,446 Cr (USD1. · Investments across Adani Ports and Special Economic Zone Limited (APSEZ) ...

Adani Enterprises Limited (AEL) is the incubation arm of Adani Portfolio. Adani Green Energy Limited (AGEL), is the renewable energy platform of Adani Portfolio. Adani Transmission Limited (ATL) is the transmission and distribution business arm of Adani Portfolio. ATL is the country’s largest private transmission company with a cumulative transmission network of 18,875 ckm, out of which 14,279 ckm is operational and 4,596 ckm is at various stages of construction. AGEL has also been awarded as Global Sponsor of the Year by Project Finance International (PFI) recognizing AGEL as a key driver of energy transition. Winner of the Global Equity Manager of the Year from Morningstar Australia, GQG is listed on the Australian Securities Exchange (ASX:GQG), and majority owned by its employees. With the ability to handle 500,000 twenty-foot equivalent units (TEUs) annually, the Adani logistics business is growing at a rapid pace. AEL, through its wholly owned subsidiary Adani New Industries Limited has committed to build, over the next 9 years, a new green hydrogen vertical focused on decarbonization of industrial energy and mobility. Adani Group plans to supply the country with 45 GW (9% of India's renewable energy) by 2030. Jugeshinder (Robbie) Singh, Group CFO of Adani Group, said: “We are delighted to complete this landmark transaction with GQG. - GQG is one of the world’s leading Global and Emerging Markets investors with exceptional long-term track records. Gautam Adani is widely regarded as among the best entrepreneurs of his generation.

The block deal, which seems to have reversed the fortunes of Adani Group's listed companies on the stock market, has created a lot of buzz about the ...

Jain was quoted by the Bloomberg article as saying that investing is a “game of survival” because most people won’t survive in the long run. Jain is a majority stakeholder in GQG and invests most of his personal wealth in its funds. Giving an example, Jain told Bloomberg that they (rivals) failed to recognise that the tech stock boom was about to go bust last year. Jain is not just unique in his approach, but has the confidence to back it up. Rajiv Jain’s acumen as a portfolio manager dates back to when he started off his career at Vontobel. According to Bloomberg, GQG lured $8 billion in fresh investment and three of its four flagship funds beat benchmark indexes by wide margins.

Adani back: Adani investment of Rs 15446-crore is 2% of its total exposure.

Subscribe to Business Standard Premium - Preferential invites to Business Standard events. US-based boutique investment company GQG Partners has shot into limelight with its Rs 15,446-crore Adani wager.

Gautam Adani's eponymous group is accused by Hindenburg Research of committing what may be the “largest corporate fraud in history”.

Shortly thereafter it [halved its growth target](https://fortune.com/2023/02/12/adani-halves-growth-target-after-attack-by-short-seller-hindenburg/) and scaled down capital expenditure plans in an effort to conserve cash. [risky assets](https://fortune.com/2023/02/08/gautam-adani-group-prepay-500-million-bridge-loan-financing-hindenburg-short-seller/), according to [Reuters](https://www.reuters.com/business/australian-pension-fund-client-queries-gqg-about-adani-investment-2023-03-03/). After joining the New York-based asset management arm of Bank Vontobel as portfolio manager, Jain was appointed chief investment officer in January 2002. 23](https://gqgpartners.com/insights/bloomberg-tv-interview-rajiv-jain). [Sign up here.](https://mynewsletters.fortune.com/trust-factor/) [practically overnight](https://fortune.com/2023/02/03/adani-group-enterprises-shares-hindenburg-report-price-stock-chart/), with Gautam Adani’s own personal fortune tumbling in the process. [forced to shelve](https://www.cnbc.com/2023/02/01/gautam-adani-calls-off-2point5-billion-equity-sale-as-share-price-plunges.html) a [fully-subscribed](https://www.reuters.com/markets/deals/view-adanis-25-bln-offer-rides-out-share-storm-with-investor-backing-2023-01-31/) equity hike that would have raised $2.5 billion for his companies. [at the time](https://www.reuters.com/article/swiss-vontobel-jain-idUSL5N16G1EO), downgrading the stock. [he wrote](https://gqgpartners.com/insights/4q-2022-cio-perspectives), warning of a “murky outlook for earnings” where the odds are not favorable to investors. [quitting](https://www.vontobel.com/en-int/about-vontobel/media/communications/vontobel-appoints-matthew-benkendorf-as-cio-of-its-quality-growth-boutique-rajiv-jain-resigns-and-will-leave-the-firm-3034/) to go into business for himself. [Gautam Adani’s](https://fortune.com/2023/01/31/gautam-adani-asias-richest-man-hindenburg-research-losing-billions/) eponymous group of energy and infrastructure companies, accused by Hindenburg Research [in January](https://hindenburgresearch.com/adani/) of committing what may be the “largest corporate fraud in history”. [in a joint statement](https://www.adaniports.com/Newsroom/Media-Releases/Adani-Portfolio-companies-complete-INR-15446-Cr-secondary-equity-transaction-with-GQG-Partners).

Since the Hindenburg report on January 24, the price-to-earnings for Adani Enterprises has skidded to 487.54 from 266.22, Adani Green from 613.07 to 179.67, and ...

He also believes in buying consistent companies that capture a portion of the growth when markets are going up and provide some protection when they decline. He was also upbeat about Adani Green, saying: “Adani Green Energy is by far the fastest and the largest private sector, green energy company in India. He seeks companies that can sustain earnings growth over the long run and are available for reasonable prices. His US fund holds less than 30 stocks, compared to over 500 in the S&P index. “A lot of governments have come and gone in that period. Of course, he bought the shares at a discount of between 2.5% and 5.7%. Indian companies make up 34% of the GQG emerging markets fund. In his own words: He couldn’t get into the Adani counter because they were in ‘no man’s territory’. So, Hindenburg’s scathing report on Adani Group came as a blessing in disguise for his funds. A day after the deal, all group companies gained over Rs 70,000 crore in market capitalisation. So, so I think some of their assets are fantastic.” Further, he told the publication that GQG did its own due diligence and got a vote of confidence from Indian banks. He is already sitting on a 20% profit in a single day.

In India, GQG's portfolio includes ITC, HDFC, RIL, ICICI Bank, SBI, Sun Pharma, Infosys, and Bharti Airtel, , Rajiv Jain, GQG.

Has the crises he has seen in his career shaped him for this ride ? Is he the astute investor who bets during a crisis and bides his investment horizon ? As per the press release, GQG Partners invested ₹5,460 crore for 38,701,168 equity shares in Adani Enterprises and 8.86 crore equity shares for ₹5,282 crore in Adani Ports. In 1997, he assumed the role of the portfolio manager for the Emerging Markets strategy. Jain had committed to investing 95% of the IPO proceeds into the company and to stay invested for seven years. He invests in around 40 large cap stocks, compared to available benchmark of more than 2000 companies in the international fund universe. In 2016, Jain founded GQG Partners and took up the role of its chairman and CIO. He moved to the US in 1990 for his MBA at the University of Miami. So when he wanted to recruit the first set of recruits for GQG, he reportedly advertised for it under a different individual name and did not use his or company name. In his role, he also saw the Asian currency crisis of 1997-98. In 2002, he assumed wider investment roles - he was the portfolio manager on the Emerging Markets, International and Global Equities portfolios. He started his role just a few weeks before the Mexican peso devaluation and banking crisis of Dec 1994.