A decade of evolution.
From gold miner to investment adviser, the Fund is the result of a series of evolutionary developments under the Sawiris family’s ownership since 2012. The Sawiris family is an Egyptian family with a distinguished track record of value creation in telecoms, media, real estate, and mining.
2012-2015: Operator of gold mines
- La Mancha is bought in 2012 by the Sawiris family – an industrialist investor with a history of value creation in telecoms and real estate
- Operates three gold mines across Australia, Ivory Coast, and Sudan on a private basis
2012
2013
2014
2015
last
2012
2012
Take private of La Mancha by the Sawiris family
2012
Divestiture of Sudan for USD 100m
2012
La Mancha Resources Australia
2012
Société des Mines d’Ity
2013
2014
2015
last
2015-2021: Holding structure
- La Mancha becomes an investment company in 2015 after vending-in its assets into listed entities
- Actively manages its investments – exiting some assets and rolling up others with portfolio businesses
- Specialises in acquiring and managing significant minority stakes in listed gold mining businesses
2016
2017
2018
2019
2020
last
2015
2015
Vend-in La Mancha Australian assets against 31% stake
2015
Vend-in La Mancha Ivory Coast assets against 30% stake
2016
2017
2018
2018
Acquisition of 35% stake via capital increase
2019
2020
2020
Acquisition of 35% stake via private placement
2021: Fund established
- The Fund was launched in July 2021 with >$700m in assets (accumulated since 2012) from the Sawiris family, the cornerstone investor, and $100m of third-party capital – link to press release
2021
2022
2021
2021
Acquisition of 19.9s of a Nickel mine in constuction in Brazil
2021
Contributed participants and activities into the La Mancha Fund raised 3rd party capital
2022
2022
19.9% acquisition of SRG, a vertically integrated graphite project in Guinea
2022
2022
01.
2012-2015: Operator of gold mines
- La Mancha is bought in 2012 by the Sawiris family – an industrialist investor with a history of value creation in telecoms and real estate
- Operates three gold mines across Australia, Ivory Coast, and Sudan on a private basis
02.
2016-2022: Holding structure
- La Mancha becomes an investment company in 2015 after vending-in its assets into listed entities
- Actively manages its investments – exiting some assets and rolling up others with portfolio businesses
- Specialises in acquiring and managing significant stakes (20-30% typically) in listed gold mining businesses
03.
2021: Fund established
- The Fund was launched in July 2021 with >$700m in assets (accumulated since 2012) from the Sawiris family, the cornerstone investor, and $100m of third-party capital – link to press release