Strategy

STRATEGY OF THE FIRM

The Firms’ overall strategy is to enhance its human, intellectual and financial wealth by taking on risk in a rational way and investing in businesses and markets where the Group feels it can effectively add value. The Firm is not the business of investing money. The firms’ efforts to seek out opportunities are focused on industries and markets where it has a greater affinity. At Drake, we like to build companies. Drake Enterprises is poised to become a holding of different and complementary businesses. The Firms’ entrepreneurial ventures are still in a primary phase.

THE FIRM TODAY

The Firms’ core activity today consists mainly of a portfolio of financial investments that are managed with the assistance of Cambridge Associates in Boston, USA. Consistent with the Vision, Mission, and Values of the firm, the Board has recently begun to pursue a more entrepreneurial approach. To date, the Firm’s entrepreneurial thrust is represented by two incipient ventures: Drake Real Estate Partners “DREP”-a vehicle for investments in real estate in the USA- and Drake Holdings -a vehicle for direct investments in companies with interest in agribusiness, real estate and quick service restaurants in Chile and Peru.

Capital under management by the Firm is in the range of USD 1.2 billion.