Letterone Holdings SA

company

About

Letterone Holdings SA is a private equity and venture capital firm specializing in startups, industry consolidation and distressed.

  • 11 - 50

Details

Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Venture Capital

LetterOne is a privately owned Luxembourg-based global investment vehicle focused on utilizing its financial resources, management and investment expertise to make value-driven investments in the Energy and Technology sectors through its two main business units L1 Energy and LetterOne Technology. LetterOne’s liquidity is managed by LetterOne Treasury Services.

As at 31 December 2013, LetterOne’s assets under management total $29bn (comprising $13,5bn in telecoms assets and circa $15,6bn in credit and equity securities, loan deposits and funds) and originate from the successful investment and operational track record of its founding shareholders including the sale of TNK-BP, a major Russian integrated oil and gas company.

LetterOne targets large-scale investments (above $1bn) where it sees additional value generation. This may be through a combination of operational excellence, provision of additional capital and strategic input as well as special situations such as turnaround of distressed and underperforming assets.

LetterOne expects to be an active participant at management and/or board level with focus on performance, strategy and business development.

LetterOne does not have fixed investment time horizons. Investment returns will be generated through dividend income as well as capital gains from disposals.

Investments

Number of Investments
Number of Lead Investments
1
1
Letterone Holdings SA has made 1 investments. Their most recent investment was on Feb 12, 2016, when Uber raised $200M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 12, 2016 Uber
Series Unknown $200M Logistics Yes