Board of Directors
Edgar Hernandez – President and Chief Executive Officer
Mr. Hernandez brings over 25 years of experience as an investment banking professional in commercial banking, insurance, investment management, and risk management across Central and South America. In 2012, he founded Pacific Capital Investment Banking Advisory (“Pacific Capital”). This Guatemalan entity manages, collaborates with, and co-invests alongside companies such as Santander Group, Manttra, Allied Global, Qitronics, Pacific Trust, and Grupo Hache across a range of industries, including agribusiness, agritech, energy, and business process outsourcing. The investments are selected and actively managed by Mr. Hernandez, his management team at Pacific Capital, and employees of the co-investors.
Additionally, since 2023, Pacific Capital has served as an advisor to CreAI, a Mexican start-up focused on developing artificial intelligence software solutions. Mr. Hernandez is the founding partner and principal of CreAI and has recently joined its Board of Directors. He received an MBA in 1999 from INCAE Business School in Costa Rica, after graduating with a BA in Economics from Universidad Rafael Landívar in Guatemala in 1995. Since 2005, Mr. Hernandez has lectured on investment banking and international finance at Universidad Francisco Marroquín (UFM) in Guatemala and served as a director at Bolsa de Valores Nacional from 1999 to 2013.
Contact Edgar at: edgar.hernandez@pacificglobalholdingshplc.com
Nilesh Jagatia, Chief Financial Officer
Nilesh Jagatia currently serves as Chief Financial Officer at Pacific Global Holdings Plc and also currently holds Chief Financial Officer positions with AIM quoted Inspirit Energy Holdings plc (INSP) ( Engineering and renewable energy) and Octagonal Ltd, a Financial Services company based in the UK and Hong Kong. Nilesh has been involved with several IPO’s and was previously Group Finance Director of several AIM traded companies in the following sectors : Fintech, leisure, media and entertainment. Nilesh has over 25 years’ experience, including senior financial roles in divisions of both Universal Music Group and Sanctuary Group plc. He served as a Finance Director for an independent record label that expanded in to the US. Nilesh is a qualified accountant and holds a degree in finance.
Contact Nilesh at: nilesh.jagatia@pacificglobalholdingsplc.com
Peter Jay, Non-Executive Chairman
Peter Jay , brings with him over 40 years of experience as a solicitor specialised in corporate work and, in particular, in public market matters and his experience also includes mergers and acquisitions and management buy-outs. Peter qualified as a solicitor in 1970 and was a partner in Ingledew Brown Bennison & Garrett and then, later, in Stein Swede Jay & Bibring. From 1998 to 2002, he was the Senior Partner of Finers Stephens Innocent moving to Beachcroft LLP in 2003 as a corporate finance partner until he resigned from the firm in 2007. He was a consultant to Beachcroft LLP for the following 2 years. Peter Jay continues to advise companies on corporate finance matters and he has held a number of directorships with both private and public companies.
Contact Peter at: peter.jay@pacificglobalholdingshplc.com
Daniele Penna, Non-Executive Director
Daniele is a lawyer with over 20 years of experience in the capital market sector. He spent 12 years in major investment banks (Credit Suisse and Barclays Capital) working on a wide range of structured finance transactions, Debt Capital Market and listed business solutions across EMEA. Daniele started his career as a lawyer in Italy in 1996 at the Attorney General Office of Italy before joining Clifford Chance law firm where he assisted for 4 years major financial institutions on complex structured finance transactions as well as providing regulatory advice on a broad range of listed and OTC structured products. Currently Daniele is Partner and General Counsel of EBW (East Bridge West) Capital UK, an FCA (AR) regulated UK advisory company active in the Fund solutions and Private Equity business space. Daniele holds a Law degree summa cum laude from La Sapienza University of Rome and he is an Italian qualified barrister.
Contact Daniele at: daniele.penna@pacificglobalholdingsplc.com
Who we are
Pacific Global Holdings plc is an AIM listed investment company pursuing a dynamic strategy to create a portfolio of companies whose growth and success is linked to the worlds changing demographic situation. Pacific Global Holdings is headquartered in London.
Investing Policy
The investing policy is to invest principally, but not exclusively, in sectors where changing demographic factors are important drivers of growth. The Company intends to focus initially on projects located in Europe but will also consider investments in other geographical regions. The Company may become an active investor, acquire controlling stakes or minority positions.
Investments may be in either quoted or unquoted securities made directly or indirectly in partnerships or joint ventures or into individual assets and can be at any stage of development.
The Company intends to deliver shareholder returns principally through capital growth rather than capital distribution via dividends. Given the nature of the investing policy, the Company does not intend to make additional regular periodic disclosures or calculations of net asset value outside of the requirements for an AIM quoted company.
The Company may offer Shares as well as cash by way of consideration for prospective investments, thereby helping to preserve the Company’s cash position. The Company may, in appropriate circumstances, issue debt securities or borrow money to complete an investment.
Investor Relations
The Investing Policy is to invest principally, but not exclusively, in sectors where changing demographic factors are important drivers of growth. The Company intends to focus initially on projects located in Europe but will also consider investments in other geographical regions. The Company may become an active investor, acquire controlling stakes or minority positions, in each case, as the Board considers appropriate and commercial.
The proposed investments to be made by the Company may be in either quoted or unquoted securities made directly or indirectly in partnerships or joint ventures or into individual assets and can be at any stage of development. The Company intends to deliver shareholder returns principally through capital growth rather than capital distribution via dividends. Given the nature of the Investing Policy, the Company does not intend to make additional regular periodic disclosures or calculations of net asset value outside of the requirements for an AIM quoted company.
The net proceeds of the Placing will enable the Company to take initial steps to implement this strategy. It is likely that the Company will undertake further fundraisings in the future to provide additional capital for the Company and proposed investments.
The Directors believe that their broad, collective experience, together with their extensive network of contacts, will assist them in identifying, evaluating and funding suitable investment opportunities. External advisers and investment professionals will be engaged as necessary to assist with sourcing and due diligence of prospective opportunities. The Directors will also consider appointing additional directors with relevant experience if the need arises.
The Directors will review the Investing Policy on an annual basis and, subject to their review and in the absence of unforeseen circumstances, the Company intends to adhere to the Investing Policy. The Directors confirm that, to the extent required by the AIM Rules, they will at each annual general meeting of the Company seek approval of Shareholders to the Investing Policy. Should the Company make an investment that is not in accordance with its Investing Policy, such an investment would be conditional on the approval of Shareholders. Changes to the Investing Policy may be prompted, inter alia, by changes in government policies or economic conditions which alter or introduce additional investment opportunities. It is the intention of the Company to invest its cash resources as far as practicable in accordance with the Investing Policy. However, due to market and other investment considerations, it may take some time before the cash resources of the Company are invested.
Shareholders should note that where a transaction is considered to be a reverse takeover for the purposes of the AIM Rules for Companies and the Shareholders approve any such transaction, trading on AIM in the Ordinary Shares will be cancelled and re-admission to AIM will be required to be sought in the same manner as any other applicant applying for admission of its securities for the first time. Trading in the Ordinary Shares will normally be suspended following the announcement of any such transaction until the Company has published a re-admission document in respect of the Company.