Built over four decades, JS Group is one of Pakistan’s most diversified and progressive financial services groups. JS Group has grown from its roots in Pakistan’s financial services industry. JS Financial operates market-leading companies in asset management, investment banking, securities brokerage, commercial banking, insurance and trade finance.
The group also includes five vertical businesses: JS Industrial, JS Infocom, JS Property, JS Resources and JS Transportation. JS Group believes each of these sectors, in itself, offers an exciting and attractive long-term investment proposition in Pakistan. The diversification across these sectors allows JS to ride out each sector's individual business cycle and take a long term approach to investing in and building the businesses.
The group has offices throughout the major cities in Pakistan and manages its international operations from its London and Dubai offices. The group comprises businesses with over 18,000 employees and profit after tax of $510 million in 2007.
JS Group controls and operates market-leading financial services companies in Pakistan across sectors including asset management, commercial banking, Islamic banking, insurance, investment banking, financial advisory services, stock brokerage, company research, consumer credit rating, factoring and micro finance. JS Group also has investments throughout Pakistan's economy, including its industrial sector, technology & media sectors, commercial real estate, energy & natural resources and aviation.
JS Private Equity Fund
The JS Private Equity Fund (JS) is a generalist private equity fund investing in Pakistan. It was launched in 2007, and major investors are ADB, CDC, IFC, and JS Group.
JS focuses on medium-sized, growth oriented enterprises within Pakistan. The majority of the companies are family-owned, seeking expansion capital and an institutional partner to help them improve corporate governance and make their company attractive for an IPO. The fund primarily invests through convertible instruments. Transactions are structured with standard covenants including put options with the entrepreneurs and tag/drag along rights.
