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| name = Genii Capital
| name = Genii Capital
| logo = Genii Capital Logo.png
| logo = Genii Capital Logo.png
| caption = The Genii Capital logo
| type =
| type =
| traded_as =
| traded_as =
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| locations =
| locations =
| area_served =
| area_served =
| key_people = [[Eric Lux]]<br /><small>([[CEO]] and Director)</small><br />[[Gerard Lopez (businessman)|Gerard Lopez]]<br /><small>([[Chairman]])</small>
| key_people = Eric Lux (CEO)<br /> Gerard Lopez (Chairman)
| industry =
| industry =
| products =
| products =
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| parent =
| parent =
| divisions = Genii Business Exchange
| divisions = Genii Business Exchange
| subsid = [[Lotus F1 Team]] Ltd
| subsid =
| homepage = {{URL|http://www.genii-capital.com}}
| homepage = {{URL|genii-capital.com}}
| footnotes =
| footnotes =
| intl = yes
}}
}}


'''Genii Capital''' is an international [[financial advisory]] and [[investment]] firm, which specialises in [[brand management]], promising technologies, motorsport and a wide spectrum of [[Venture capital|venture]] capitalism activities. It was created in 2008, by two [[Luxembourger]] investors, [[Gerard Lopez (businessman)|Gerard Lopez]] and [[Eric Lux]] and has a particular focus on emerging markets, including the [[BRIC]] (Brazil, Russia, India and China) nations.<ref>{{cite news| url=http://www.irishtimes.com/newspaper/breaking/2010/0112/breaking48.html | work=The Irish Times | title=Genii seeks to improve Saab bid | date=1 January 2010}}</ref> Genii Capital focuses on a wide range of investment vehicles and also provides advisory services on topics ranging from the preparation of an [[Initial Public Offering|IPO]], the joint development of businesses, [[mergers and acquisitions]] and [[capital market]]s.<ref>{{cite web|url=http://www.supersport.com/motorsport/article.aspx?Id=1120051 |title=Lotus position clarified - SuperSport - Motorsport |publisher=SuperSport |date= |accessdate=2013-03-26}}</ref> As a result of a global restructuring initiative in 2011, Genii Capital is now located in the [[Finance]] division of The Genii Group, a global enterprise overseeing the business activities of Lux and Lopez.<ref>{{cite web|author= Noah Joseph RSS feed |url=http://www.autoblog.com/2011/10/12/proton-denies-sale-of-lotus-to-genii-capital/ |title=Proton denies sale of Lotus to Genii Capital |publisher=Autoblog.com |date=2011-10-12 |accessdate=2013-03-26}}</ref>
'''Genii Capital''' (simply known as '''Genii''' and stylized as '''GƎИII''') is an international [[financial advisory]] and investment firm, which specialises in [[brand management]], technology, motorsport and a range of [[venture capital]] activities. It was created in 2008, by two [[Luxembourger]] investors, [[Gerard Lopez (businessman)|Gerard Lopez]] and [[Eric Lux]] and has a particular focus on emerging markets, including the [[BRIC]] (Brazil, Russia, India and China) nations.<ref>{{cite news| url=http://www.irishtimes.com/newspaper/breaking/2010/0112/breaking48.html | newspaper=The Irish Times | title=Genii seeks to improve Saab bid | date=1 January 2010}}</ref> Genii Capital focuses on a wide range of investment vehicles and also provides advisory services on topics ranging from the preparation of an [[Initial public offering|IPO]], the joint development of businesses, [[mergers and acquisitions]] and [[capital market]]s.<ref>{{cite web|url=http://www.supersport.com/motorsport/article.aspx?Id=1120051 |archive-url=https://archive.today/20120910160641/http://www.supersport.com/motorsport/article.aspx?Id=1120051 |url-status=dead |archive-date=2012-09-10 |title=Lotus position clarified - SuperSport - Motorsport |publisher=SuperSport |access-date=2013-03-26 }}</ref> As a result of a global restructuring initiative in 2011, Genii Capital is now located in the finance division of the Genii Group, a global enterprise overseeing the business activities of Lux and Lopez.<ref>{{cite web|author= Noah Joseph |url=http://www.autoblog.com/2011/10/12/proton-denies-sale-of-lotus-to-genii-capital/ |title=Proton denies sale of Lotus to Genii Capital |publisher=Autoblog.com |date=2011-10-12 |access-date=2013-03-26}}</ref>


==Genii's investment interests==
==Genii's investment interests==


===Formula One===
===Formula One===
On 16 December 2009 it was announced that Genii were to purchase a large stake in the [[Renault in Formula One|Renault]] F1 Team.<ref>{{cite news|title=Renault will race in Formula 1 after selling their team|url=http://news.bbc.co.uk/sport2/hi/motorsport/formula_one/8415935.stm|first=Andrew|last=Benson|work=[[BBC Sport]]|publisher=BBC|date=2009-12-16|accessdate=2009-12-16}}</ref> Genii beat [[Prodrive]] head [[David Richards (racing)|David Richards]] to the deal. Genii is likely to merge the Renault Driver Development programme with its own Gravity Sport Management company, which manages drivers such as [[Ho-Pin Tung]], who tested for the Renault team in 2009, as well as [[Christian Vietoris]].
On 16 December 2009, it was announced that Genii were to purchase a large stake in the [[Renault in Formula One|Renault]] F1 Team.<ref>{{cite news|title=Renault will race in Formula 1 after selling their team|url=http://news.bbc.co.uk/sport2/hi/motorsport/formula_one/8415935.stm|first=Andrew|last=Benson|work=[[BBC Sport]]|publisher=BBC|date=2009-12-16|access-date=2009-12-16}}</ref> Genii beat [[Prodrive]] head [[David Richards (racing)|David Richards]] to the deal. Genii was likely to merge the Renault Driver Development programme with its own Gravity Sport Management company, which manages drivers such as [[Ho-Pin Tung]], who tested for the Renault team in 2009, as well as [[Christian Vietoris]].


On 8 December 2010 Renault made public it would sell its remaining 25% share in the Enstone-based team, Renault F1 team, to Genii Capital, from that moment the sole shareholder.<ref>{{cite news|title=Renault F1 team to be renamed Lotus Renault GP in 2011|url=http://news.bbc.co.uk/sport2/hi/motorsport/formula_one/9267715.stm|first=Andrew|last=Benson|work=[[BBC Sports]]|publisher=BBC|date=2010-12-08|accessdate=2011-09-11}}</ref> [[Group Lotus]] immediately became a partner of the team, renamed Lotus Renault GP. It is projected that in the future the [[carmaker]] company will purchase a significant share of it.<ref>{{cite web|url=http://www.genii-capital.com/content/download/116/558/version/1/file/CQ265.pdf |title=Genii Capital and Group Lotus join forces in Lotus Renault GP |publisher=Genii Capital |accessdate=7 October 2011}}</ref><ref>{{cite news| url=http://www.reuters.com/article/2011/10/31/us-motor-racing-renault-idUSTRE79U1M420111031 | work=Reuters | title=Renault happy to focus on F1 engines | date=31 October 2011}}</ref> The team is now called the [[Lotus F1 Team]] from 2012 until 2015, when the team was sold back to [[Renault in Formula One|Renault]] after the team experienced funding issues.
On 8 December 2010, Renault made public it would sell its remaining 25% share in the Enstone-based team, Renault F1 team, to Genii Capital, from that moment the sole shareholder.<ref>{{cite news|title=Renault F1 team to be renamed Lotus Renault GP in 2011|url=http://news.bbc.co.uk/sport2/hi/motorsport/formula_one/9267715.stm|first=Andrew|last=Benson|work=[[BBC Sport]]|publisher=BBC|date=2010-12-08|access-date=2011-09-11}}</ref> [[Group Lotus]] immediately became a partner of the team, renamed Lotus Renault GP. It was projected that the [[carmaker]] company would purchase a significant share of it.<ref>{{cite web |url=http://www.genii-capital.com/content/download/116/558/version/1/file/CQ265.pdf |title=Genii Capital and Group Lotus join forces in Lotus Renault GP |publisher=Genii Capital |access-date=7 October 2011 |archive-url=https://web.archive.org/web/20110711085309/http://www.genii-capital.com/content/download/116/558/version/1/file/CQ265.pdf |archive-date=11 July 2011 |url-status=dead }}</ref><ref>{{cite news| url=https://www.reuters.com/article/us-motor-racing-renault-idUSTRE79U1M420111031 | work=Reuters | title=Renault happy to focus on F1 engines | date=31 October 2011}}</ref> The team was known as the [[Lotus F1 Team]] from 2012 until 2015, when the team was sold back to [[Renault in Formula One|Renault]] after the team experienced funding issues.


===Other===
===Other===
On 26 January 2009 PHC Acquisitions LLC, affiliated of Genii Capital, become a [[stalking horse bidder]] of [[Polaroid Corporation|Polaroid]] Holding Company. The agreement included the purchase of Polaroid’s assets as intellectual rights, name and brand.<ref>{{cite web|url=http://www.genii-capital.com/content/download/105/509/version/1/file/Genii+Capital+and+Polaroid+EN.pdf |title=Affiliate of Genii Capital to be "stalking horse" bidder for Polaroid |publisher=Genii Capital |date=26 January 2009 |accessdate=7 October 2011}}</ref>
On 26 January 2009, PHC Acquisitions LLC, affiliate of Genii Capital, become a [[stalking horse bidder]] of [[Polaroid Corporation|Polaroid]] Holding Company. The agreement included the purchase of Polaroid's assets as intellectual rights, name and brand.<ref>{{cite web |url=http://www.genii-capital.com/content/download/105/509/version/1/file/Genii+Capital+and+Polaroid+EN.pdf |title=Affiliate of Genii Capital to be "stalking horse" bidder for Polaroid |publisher=Genii Capital |date=26 January 2009 |access-date=7 October 2011 |archive-url=https://web.archive.org/web/20110711085548/http://www.genii-capital.com/content/download/105/509/version/1/file/Genii+Capital+and+Polaroid+EN.pdf |archive-date=11 July 2011 |url-status=dead }}</ref>


On 7 January 2010 it was announced that Genii would, "hand in a cash offer" for [[Sweden|Swedish]] carmaker [[Saab Automobile]], together with [[Formula One]] commercial boss [[Bernard Ecclestone]].<ref name=ge08>{{cite web|url=http://www.genii-capital.com/content/download/102/496/version/2/file/SAAB_Genii_Capital_EN.pdf |title=Genii Capital announced today its interest in making an offer for the acquisition of a majority stake in Saab SAS in a partnership with Mr. Bernard Ecclestone |publisher=Genii Capital |date=7 January 2010 |accessdate=7 October 2011}}</ref> According to Genii spokesperson Lars Carlstroem, "It is a true opportunity and we’re surprised that more investors haven’t identified this opportunity...[Genii] loves brands and Saab is a strong brand on the same level as [[Porsche]] and [[BMW]].”<ref>{{cite web|url=http://www.businessweek.com/news/2010-01-07/saab-delays-board-meeting-as-spyker-genii-plan-to-submit-bids.html|title=Saab Delays Board Meeting as Spyker, Genii Plan to Submit Bids|publisher=Bloomberg|date=7 January 2010|deadurl=yes|archiveurl=https://web.archive.org/web/20100111054211/http://www.businessweek.com/news/2010-01-07/saab-delays-board-meeting-as-spyker-genii-plan-to-submit-bids.html |archivedate=11 January 2010|accessdate=30 January 2016}}</ref> The proposition was finally dismissed.<ref>{{cite web|url=http://www.eleconomista.es/ecomotor/formula-1/noticias/1860265/01/10/Genii-Capital-withdraws-from-bidding-for-GMs-Saab.html |title=Genii Capital withdraws from bidding for GM's Saab - Ecomotor.es |publisher=Eleconomista.es |date=2010-01-26 |accessdate=2013-03-26}}</ref><ref>{{cite web|url=http://www.penews.com/today/index/content/1056212634/restricted |title=Genii Capital confirms Saab bid with Ecclestone |publisher=Penews.com |date=2010-01-08 |accessdate=2013-03-26}}</ref>
On 7 January 2010, it was announced that Genii would, "hand in a cash offer" for Swedish carmaker [[Saab Automobile]], together with [[Formula One]] commercial boss [[Bernard Ecclestone]].<ref name=ge08>{{cite web |url=http://www.genii-capital.com/content/download/102/496/version/2/file/SAAB_Genii_Capital_EN.pdf |title=Genii Capital announced today its interest in making an offer for the acquisition of a majority stake in Saab SAS in a partnership with Mr. Bernard Ecclestone |publisher=Genii Capital |date=7 January 2010 |access-date=7 October 2011 |archive-url=https://web.archive.org/web/20100119082527/http://www.genii-capital.com/content/download/102/496/version/2/file/SAAB_Genii_Capital_EN.pdf |archive-date=19 January 2010 |url-status=dead |df=dmy-all }}</ref><ref>{{cite web|url=http://www.businessweek.com/news/2010-01-07/saab-delays-board-meeting-as-spyker-genii-plan-to-submit-bids.html|title=Saab Delays Board Meeting as Spyker, Genii Plan to Submit Bids|publisher=Bloomberg L.P.|date=7 January 2010|url-status=dead|archive-url=https://web.archive.org/web/20100111054211/http://www.businessweek.com/news/2010-01-07/saab-delays-board-meeting-as-spyker-genii-plan-to-submit-bids.html |archive-date=11 January 2010|access-date=30 January 2016}}</ref> The proposition was finally dismissed.<ref>{{cite web|url=http://www.eleconomista.es/ecomotor/formula-1/noticias/1860265/01/10/Genii-Capital-withdraws-from-bidding-for-GMs-Saab.html |title=Genii Capital withdraws from bidding for GM's Saab - Ecomotor.es |publisher=Eleconomista.es |date=2010-01-26 |access-date=2013-03-26}}</ref><ref>{{cite web|url=http://www.penews.com/today/index/content/1056212634/restricted |title=Genii Capital confirms Saab bid with Ecclestone |publisher=Penews.com |date=2010-01-08 |access-date=2013-03-26}}</ref>


In December 2011 it was announced that Genii Capital led in $35 million of financing for Zink Imaging, a printing technology company, through the Genii Business Exchange.<ref>{{cite news|title=Polaroid spinoff Zink raises $35M, replaces CEO|url=http://www.bizjournals.com/boston/news/2011/12/06/polaroid-spinoff-zink-fundraise.html|date=2011-12-06|accessdate=2012-01-19}}</ref>
In December 2011, it was announced that Genii Capital led in $35 million of financing for Zink Imaging, a printing technology company, through the Genii Business Exchange.<ref>{{cite news|title=Polaroid spinoff Zink raises $35M, replaces CEO|url=http://www.bizjournals.com/boston/news/2011/12/06/polaroid-spinoff-zink-fundraise.html|date=2011-12-06|access-date=2012-01-19}}</ref>


===Expansion strategy===
===Expansion strategy===
On 29 July 2011 Genii Capital, which already had interests in Europe, Asia and North America,<ref name=ge08/> disembarked in Brazil through a [[joint venture]] with WWI Group. This is part of the Genii’s current expansion strategy in [[BRIC]] countries.<ref>{{cite web|url=http://www.genii-capital.com/content/download/130/633/version/1/file/WWI+Group+and+Genii+Capital+release2.pdf |title=New Genii Capital and WWI Group joint venture |publisher=Genii Capital |date=8 August 2011 |accessdate=7 October 2011}}</ref> In April 2012, Genii Capital announced the launch of an office in Geneva as part of its expansion strategy.<ref>{{cite web|author=Anne réthoret |url=http://agefi.com/nc/une/detail/artikel/le-trade-finance-continue-dattirer-des-investisseurs.html?cHash=239ecd8fe3655b6996fd81ab1823cfea&sword_list%5B0%5D=genii |title=Le trade finance continue d’attirer des investisseurs |publisher=Agefi.com |date=2012-04-17 |accessdate=2013-03-26}}</ref>
On 29 July 2011, Genii Capital, which already had interests in Europe, Asia and North America,<ref name=ge08/> disembarked in Brazil through a [[joint venture]] with WWI Group. This is part of the Genii's current expansion strategy in [[BRIC]] countries.<ref>{{cite web |url=http://www.genii-capital.com/content/download/130/633/version/1/file/WWI+Group+and+Genii+Capital+release2.pdf |title=New Genii Capital and WWI Group joint venture |publisher=Genii Capital |date=8 August 2011 |access-date=7 October 2011 }}{{Dead link|date=December 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> In April 2012, Genii Capital announced the launch of an office in Geneva as part of its expansion strategy.<ref>{{cite web|author=Anne réthoret |url=http://agefi.com/nc/une/detail/artikel/le-trade-finance-continue-dattirer-des-investisseurs.html?cHash=239ecd8fe3655b6996fd81ab1823cfea&sword_list%5B0%5D=genii |archive-url=https://archive.today/20120708060919/http://agefi.com/nc/une/detail/artikel/le-trade-finance-continue-dattirer-des-investisseurs.html?cHash=239ecd8fe3655b6996fd81ab1823cfea&sword_list%5B0%5D=genii |url-status=dead |archive-date=2012-07-08 |title=Le trade finance continue d'attirer des investisseurs |publisher=Agefi.com |date=2012-04-17 |access-date=2013-03-26 }}</ref>


==Genii Business Exchange==
==Genii Business Exchange==


Genii Business Exchange is an adjunct to Genii Capital. The Genii Business Exchange is a business platform providing a forum for a global network of [[high-net-worth individual]]s, [[Opinion leadership|opinion leaders]], political leaders and those involved with [[Formula One]].<ref name="f1reader.com">{{cite web|url=http://www.f1reader.com/news/genii-business-exchange-links-up-with-sir-jackie-stewart-8559 |title=Genii Business Exchange links up with Sir Jackie Stewart |publisher=F1 Reader |date= |accessdate=2013-03-26}}</ref>
Genii Business Exchange is an adjunct to Genii Capital. The Genii Business Exchange is a business platform providing a forum for a global network of [[high-net-worth individual]]s, [[Opinion leadership|opinion leaders]], political leaders and those involved with [[Formula One]].<ref name="f1reader.com">{{cite web|url=http://www.f1reader.com/news/genii-business-exchange-links-up-with-sir-jackie-stewart-8559 |title=Genii Business Exchange links up with Sir Jackie Stewart |publisher=F1 Reader |access-date=2013-03-26}}</ref>


The Genii Business Exchange was founded by [[Eric Lux]] and [[Gerard Lopez (businessman)|Gerard Lopez]] in 2010<ref>{{cite web |url=http://www.istockanalyst.com/article/viewiStockNews/articleid/4198105 |title=Genii Capital presents its platform: Genii Business Exchange |work=iStockAnalyst |date=10 June 2010 |accessdate=30 January 2016}}{{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}}</ref> and is hosted in many of the world's [[financial centre]]s, but with a particular focus on emerging economies including [[BRIC]] and MENA countries.
It was founded by Lux and Lopez in 2010,<ref>{{cite web |url=http://www.istockanalyst.com/article/viewiStockNews/articleid/4198105 |archive-url=https://web.archive.org/web/20110228055031/http://www.istockanalyst.com/article/viewiStockNews/articleid/4198105 |url-status=dead |archive-date=28 February 2011 |title=Genii Capital presents its platform: Genii Business Exchange |work=iStockAnalyst |date=10 June 2010 |access-date=30 January 2016 }}</ref> and is hosted in many of the world's [[financial centre]]s, but with a particular focus on emerging economies including [[BRIC]] and MENA countries.


Since the acquisition of the [[Enstone]]-based [[Formula One]] team from Renault (subsequently renamed from "Renault F1" to "Lotus Renault GP") by Genii Capital<ref>{{cite web|url=http://www.lotusrenaultgp.com/3986-Genii-Business-Exchange.html |title=Lotus F1 Team - Exclusive content right from the heart of the F1 action |publisher=Lotusrenaultgp.com |date= |accessdate=2013-03-26 |deadurl=yes |archiveurl=https://web.archive.org/web/20120119211017/http://www.lotusrenaultgp.com/3986-Genii-Business-Exchange.html |archivedate=January 19, 2012 }}</ref> three-time Formula One world champion [[Sir Jackie Stewart|Sir Jackie Stewart OBE]] has worked with the Genii Business Exchange.<ref name="f1reader.com"/><ref>{{cite web|url=http://www.crash.net/f1/news/166425/1/stewart_partners_genii_business_exchange.html/ |title=Stewart partners Genii Business Exchange &#124; F1 News &#124; Feb 2011 |publisher=Crash.Net |date=2011-02-04 |accessdate=2013-03-26}}</ref> Former President of BAE Systems, Sir Charles Masefield joined The Genii Group as a strategic advisor in June 2012.<ref>{{cite news|title=Leading businessman Sir Charles Masefield joins The Genii Group as a strategic advisor|url=http://www.g3defence.co.uk/blog/leading-businessman-sir-charles-masefield-joins-the-genii-group-as-a-strategic-advisor|date=2012-06-12|accessdate=2012-07-13}}</ref>
Since the acquisition of the [[Enstone]]-based [[Formula One]] team from Renault (subsequently renamed from "Renault F1" to "Lotus Renault GP") by Genii Capital<ref>{{cite web|url=http://www.lotusrenaultgp.com/3986-Genii-Business-Exchange.html |title=Lotus F1 Team - Exclusive content right from the heart of the F1 action |publisher=Lotusrenaultgp.com |access-date=2013-03-26 |url-status=dead |archive-url=https://web.archive.org/web/20120119211017/http://www.lotusrenaultgp.com/3986-Genii-Business-Exchange.html |archive-date=January 19, 2012 }}</ref> three-time Formula One world champion [[Sir Jackie Stewart|Sir Jackie Stewart OBE]] has worked with the Genii Business Exchange.<ref name="f1reader.com"/><ref>{{cite web|url=http://www.crash.net/f1/news/166425/1/stewart_partners_genii_business_exchange.html/ |title=Stewart partners Genii Business Exchange &#124; F1 News &#124; Feb 2011 |publisher=Crash.Net |date=2011-02-04 |access-date=2013-03-26}}</ref> Former President of BAE Systems, Sir Charles Masefield joined The Genii Group as a strategic advisor in June 2012.<ref>{{cite news|title=Leading businessman Sir Charles Masefield joins The Genii Group as a strategic advisor|url=https://genii1.com|date=2012-06-12|access-date=2012-07-13}}</ref>


==References==
==References==
Line 68: Line 66:


==External links==
==External links==
* [http://www.be-genii.com/ Genii Business Exchange]. A division of Genii Capital created to transform Formula One exposure into business opportunities.
* [https://web.archive.org/web/20111104022222/http://www.be-genii.com/ Genii Business Exchange]. A division of Genii Capital created to transform Formula One exposure into business opportunities.
* [http://www.lotusf1team.com/ Lotus F1 Team]. The Formula One team owned by Genii.
* [https://web.archive.org/web/20120926183809/http://www.lotusf1team.com/ Lotus F1 Team]. The Formula One team owned by Genii.
{{Lotus F1}}
{{Lotus F1}}


Latest revision as of 15:25, 16 September 2023

Genii Capital
Founded2008
FounderEric Lux and Gerard Lopez
Headquarters
Howald
,
Luxembourg
Key people
Eric Lux (CEO)
Gerard Lopez (Chairman)
ServicesInvestment management and financial advisory
DivisionsGenii Business Exchange
Websitegenii-capital.com

Genii Capital (simply known as Genii and stylized as GƎИII) is an international financial advisory and investment firm, which specialises in brand management, technology, motorsport and a range of venture capital activities. It was created in 2008, by two Luxembourger investors, Gerard Lopez and Eric Lux and has a particular focus on emerging markets, including the BRIC (Brazil, Russia, India and China) nations.[1] Genii Capital focuses on a wide range of investment vehicles and also provides advisory services on topics ranging from the preparation of an IPO, the joint development of businesses, mergers and acquisitions and capital markets.[2] As a result of a global restructuring initiative in 2011, Genii Capital is now located in the finance division of the Genii Group, a global enterprise overseeing the business activities of Lux and Lopez.[3]

Genii's investment interests[edit]

Formula One[edit]

On 16 December 2009, it was announced that Genii were to purchase a large stake in the Renault F1 Team.[4] Genii beat Prodrive head David Richards to the deal. Genii was likely to merge the Renault Driver Development programme with its own Gravity Sport Management company, which manages drivers such as Ho-Pin Tung, who tested for the Renault team in 2009, as well as Christian Vietoris.

On 8 December 2010, Renault made public it would sell its remaining 25% share in the Enstone-based team, Renault F1 team, to Genii Capital, from that moment the sole shareholder.[5] Group Lotus immediately became a partner of the team, renamed Lotus Renault GP. It was projected that the carmaker company would purchase a significant share of it.[6][7] The team was known as the Lotus F1 Team from 2012 until 2015, when the team was sold back to Renault after the team experienced funding issues.

Other[edit]

On 26 January 2009, PHC Acquisitions LLC, affiliate of Genii Capital, become a stalking horse bidder of Polaroid Holding Company. The agreement included the purchase of Polaroid's assets as intellectual rights, name and brand.[8]

On 7 January 2010, it was announced that Genii would, "hand in a cash offer" for Swedish carmaker Saab Automobile, together with Formula One commercial boss Bernard Ecclestone.[9][10] The proposition was finally dismissed.[11][12]

In December 2011, it was announced that Genii Capital led in $35 million of financing for Zink Imaging, a printing technology company, through the Genii Business Exchange.[13]

Expansion strategy[edit]

On 29 July 2011, Genii Capital, which already had interests in Europe, Asia and North America,[9] disembarked in Brazil through a joint venture with WWI Group. This is part of the Genii's current expansion strategy in BRIC countries.[14] In April 2012, Genii Capital announced the launch of an office in Geneva as part of its expansion strategy.[15]

Genii Business Exchange[edit]

Genii Business Exchange is an adjunct to Genii Capital. The Genii Business Exchange is a business platform providing a forum for a global network of high-net-worth individuals, opinion leaders, political leaders and those involved with Formula One.[16]

It was founded by Lux and Lopez in 2010,[17] and is hosted in many of the world's financial centres, but with a particular focus on emerging economies including BRIC and MENA countries.

Since the acquisition of the Enstone-based Formula One team from Renault (subsequently renamed from "Renault F1" to "Lotus Renault GP") by Genii Capital[18] three-time Formula One world champion Sir Jackie Stewart OBE has worked with the Genii Business Exchange.[16][19] Former President of BAE Systems, Sir Charles Masefield joined The Genii Group as a strategic advisor in June 2012.[20]

References[edit]

  1. ^ "Genii seeks to improve Saab bid". The Irish Times. 1 January 2010.
  2. ^ "Lotus position clarified - SuperSport - Motorsport". SuperSport. Archived from the original on 2012-09-10. Retrieved 2013-03-26.
  3. ^ Noah Joseph (2011-10-12). "Proton denies sale of Lotus to Genii Capital". Autoblog.com. Retrieved 2013-03-26.
  4. ^ Benson, Andrew (2009-12-16). "Renault will race in Formula 1 after selling their team". BBC Sport. BBC. Retrieved 2009-12-16.
  5. ^ Benson, Andrew (2010-12-08). "Renault F1 team to be renamed Lotus Renault GP in 2011". BBC Sport. BBC. Retrieved 2011-09-11.
  6. ^ "Genii Capital and Group Lotus join forces in Lotus Renault GP" (PDF). Genii Capital. Archived from the original (PDF) on 11 July 2011. Retrieved 7 October 2011.
  7. ^ "Renault happy to focus on F1 engines". Reuters. 31 October 2011.
  8. ^ "Affiliate of Genii Capital to be "stalking horse" bidder for Polaroid" (PDF). Genii Capital. 26 January 2009. Archived from the original (PDF) on 11 July 2011. Retrieved 7 October 2011.
  9. ^ a b "Genii Capital announced today its interest in making an offer for the acquisition of a majority stake in Saab SAS in a partnership with Mr. Bernard Ecclestone" (PDF). Genii Capital. 7 January 2010. Archived from the original (PDF) on 19 January 2010. Retrieved 7 October 2011.
  10. ^ "Saab Delays Board Meeting as Spyker, Genii Plan to Submit Bids". Bloomberg L.P. 7 January 2010. Archived from the original on 11 January 2010. Retrieved 30 January 2016.
  11. ^ "Genii Capital withdraws from bidding for GM's Saab - Ecomotor.es". Eleconomista.es. 2010-01-26. Retrieved 2013-03-26.
  12. ^ "Genii Capital confirms Saab bid with Ecclestone". Penews.com. 2010-01-08. Retrieved 2013-03-26.
  13. ^ "Polaroid spinoff Zink raises $35M, replaces CEO". 2011-12-06. Retrieved 2012-01-19.
  14. ^ "New Genii Capital and WWI Group joint venture" (PDF). Genii Capital. 8 August 2011. Retrieved 7 October 2011.[permanent dead link]
  15. ^ Anne réthoret (2012-04-17). "Le trade finance continue d'attirer des investisseurs". Agefi.com. Archived from the original on 2012-07-08. Retrieved 2013-03-26.
  16. ^ a b "Genii Business Exchange links up with Sir Jackie Stewart". F1 Reader. Retrieved 2013-03-26.
  17. ^ "Genii Capital presents its platform: Genii Business Exchange". iStockAnalyst. 10 June 2010. Archived from the original on 28 February 2011. Retrieved 30 January 2016.
  18. ^ "Lotus F1 Team - Exclusive content right from the heart of the F1 action". Lotusrenaultgp.com. Archived from the original on January 19, 2012. Retrieved 2013-03-26.
  19. ^ "Stewart partners Genii Business Exchange | F1 News | Feb 2011". Crash.Net. 2011-02-04. Retrieved 2013-03-26.
  20. ^ "Leading businessman Sir Charles Masefield joins The Genii Group as a strategic advisor". 2012-06-12. Retrieved 2012-07-13.

External links[edit]

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