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Next Generation Finance Invest
„We invest in innovative companies with disruptive business models,
products and technologies in order to take advantage of the
historical opportunity to be a driver of the emerging
reconfiguration of the global financial industry.”
Next Generation Finance Invest AG | Innere Güterstrasse 2 | CH-6300 Zug
+41 41 712 2353 | [email protected]
Summary - September 2012
Context
Next Generation Finance Invest (NextGFI) is a listed investment company with a
significant track record (NAV/share +83% and share price +63% since inception).
We believe that banking will change significantly over the next 20 years. The „digital
natives“ will demand more efficient, more transparent and more accessible products.
There is a historical chance to create a global financial services provider based on best
of breed technology, innovative products and highly efficient distribution channels.
We are perfectly well positioned to build a global player due to our
› vision
› team
› network
› domain expertise
› focused portfolio and portfolio synergies
Context | 2
Investment Philosophy
NextGFI invests consequently into the niche of next generation finance (finance 2.0).
We invest only in businesses which we understand 100% and which we can actively
drive on an operational level.
We are actively leveraging our unique domain expertise and global network in the area
of delievering trading and investment products to retail customers.
We see ourselves as entrepreneurs rather than private equity managers.
We place strong focus on portfolio synergies and new investments are made only if they
match this criterion.
Investment Philosophy | 3
Investment Team
Investment Team | 4
Robert Lempka
› Investment Manager and Founder
› CEO ABN AMRO marketindex (next generation B2C trading platform)
› Managing Director, Fixed Income Trading, Dresdner Kleinwort Frankfurt
› Executive Director, Repo Trading, Goldman Sachs London
› Masters degree Business Administration University of Trier
Thomas Winkler
› Investment Manager (multiple angel and other private equity investments)
› CEO ABN AMRO Switzerland, Zurich (650 employees)
› Global Head of Private Investor Products, ABN AMRO, London
› Executive Director FICC, Goldman Sachs, London
› Swiss Certificate of Competence, Banking
Marc P. Bernegger
› Serial Entrepreneur and Business Angel
› Co-Founder of amiando (Global Technology Pioneer of the World Economic Forum; trade sale to Xing in 2010)
› Founder of usgang.ch (trade sale to the media company Axel Springer in 2008)
› Member of the Board of the Pioneers’ Club PCU
› Awarded as "Newcomer of the Year 2010" by SwissICT
› Lawyer (Master of Law at University of Zurich)
Management Strategy
Management Strategy | 5
Robert Lempka Thomas Winkler Marc P. Bernegger
› Product Development
› Business Development
› Strategy
› Portfolio Synergies
› Global Expansion
› Fundraising
› Screening, Reporting
› Social Media, PR
NextGFI Board
NextGFI Management
NextGFI Advisors
Supervisory Board
Supervisory Board | 6
Dr. Thomas Ladner, Chairman
› Specialized M&A/Private Equity Lawyer and professional Board Member
› Partner Exigen Capital L.P., a US private equity house
› Counsel to meyerlustenberger attorneys at law, Zurich
› Chairman/Board Member of different trading companies
› (Co-)Founder of some of the most exclusive business networks in Switzerland and Germany (‘Club zum Rennweg’,
‘Entrepreneurs’ Roundtable’, ‘Entrepreneurs’ Roundtable Deutschland’, ‘Zurich.Minds’ a.o.)
Dr. oec. Toni Calabretti, Member
› Managing Director of Otto Beisheim Holding
› Member of the Board of Prof. Otto Beisheim Trust
› Ex-CEO Experian Deutschland Holding
› Multiple Board Member
Nicholas Teller, Member
› CEO and Partner of E.R. Capital Holding GmbH & Cie. KG
› Non Executive Director of Air Berlin PLC
› Member of ‘Zentraler Beirat’ of Commerzbank AG
› Former Executive Board Member of Commerzbank AG
› Board of Directors of the American Chamber of Commerce in Germany e.V.
Robert Lempka and Thomas Winkler are delegates of the supervisory board
Advisors
Advisors | 7
Christoph Gerlinger
› Serial Entrepreneur (CEO & Founder Frogster Interactive , CFO and MD CDV Software Entertainment, et al)
› Brought two companies public
› Academic background in Finance
Michiel G.J. de Jong
› Managing Director Jumons BV (private equity investments in financial institutions and real estate) and
› Partner Padang Capital BV (private equity investments)
› Managing Board Member ABN AMRO Bank NV
› Member Executive Committee Global Banking and Markets RBS, Designated Head CEEMEA
› CEO BU Europe ABN AMRO Bank NV and various international managerial assignments for ABN AMRO
Martin Korbmacher
› Managing Partner, Event Horizon Capital & Advisory GmbH
› Former Head of Investment Banking Credit Suisse Germany & Austria
› Multiple supervisory and advisory board positions and private investor
› Academic background in Mathematics and Computer Science
Hermann Watzinger
› Founding Partner of Mercer Street Capital, Frankfurt (private equity (financials) and real estate)
› Member of the Board, ABN AMRO Bank (Deutschland) AG and RBS (Deutschland) AG
› European Head of Financial Institutions, ABN AMRO Bank Plc and RBS Group Plc
› Managing Director, European Head of Securitisation and Credit Derivatives at Merrill Lynch and Citibank
Portfolio Companies
OANDA offers online FX-trading, FX Data and global FX payment
services. The company offers ist services to institutional and retail
customers. OANDA is a pioneer in providing extremely tight spreads
to retail customers and enhances efficiency in the sector of FX
payments significantly.
ayondo is an electronic marketplace for real time trading-and
investment signals connecting signalmakers and signaltakers.
Signalmakers improve their investment results significantly while
signalmakers can build a profitable online business.
Gekko Global Markets is an electronic multi asset CFD and Spread
Betting platform. It offers online leveraged currency, commodity,
indices and single stock trading 24/5 globally.
Portfolio Companies | 8
Portfolio Companies
2iQ Research is a leading provider of international Insider (Director)
Dealing data. The product is offered to the investment community as
data feed, web access or tailor made services (i.e. email
notification).
yavalu is a web-based personal investment service targeting long
term investors. Based on the personal investment profile and risk
characteristics yavalu is able to determine a portfolio of ETFs and
offers individual investors sophisticated investment management
services.
StockPulse provides independent social media and news analyses
for financial markets. StockPulse daily collects up to 100,000 news
and opinions, determines market moods, and provides valuable
trading signals.
Portfolio Companies | 9
Portfolio – Build on a two tier model
Portfolio – Build on a two tier model | 10
Driver Companies
> Strategy 100% aligned with management
> Strong operational involvement
> NextGFI stake 49% (gekko) and 44%
(ayondo) - close to 90% with friendly
co-investors
> Further synergies planned
Add-on acquisitions
> Up to 25% stake
> Management buys into NextGFI-strategy
> Strong rights (veto etc.)
> Joint product development
> Sometimes product/regional exclusivity
Portfolio
Gekko Global Markets is a fully licensed and FSA regulated broking platform and is the
nucleus investment of NextGFI. Gekko is taking client money, providing execution
services to retail and institutional clients and managing risk.
Other portfolio companies are offering financial added value services to their
customers and are also acting as „feeders“ for the Gekko Global Markets platform.
All companies have innovative business models and technologies, operate on low cost
and are globally scalable.
Currently we primarily target highly active investors since this group generates the
highest returns, but the infrastructure is developed in a way to spread into investments
and savings; the upgrade into full bank status or the acquisition of a bank (possibly a
cooperation with a bank) is potentially required in the future to enable deposit taking
business and broaden the customer base.
Portfolio | 11
Portfolio Synergies
Portfolio Synergies | 12
News
Execution of ETFs Joint marketing
Signals
Market access
Market access
Joint product development
Market access
Traffic generation via community
Signals
Traffic
Introduction of clients
Introduction of clients
Regulatory services
Introduction of clients
Market data
Traffic via community
Automated execution
of trading signals
Traffic
Introduction of clients
Customer services
Research
Traffic
Sentiment
Intro of clients
Product development
Intro of clients
Intro of clients
Online communication and distribution including social media
Online communication and distribution | 13
- website: http://www.nextgfi.com
- blog: http://nextgfi.wordpress.com
- facebook: http://www.facebook.com/nextgenerationfinance
- twitter: http://twitter.com/nextgfi
New and innovative distribution and communication
channels to reach new target groups
Trackable, immediate and scalable results worldwide
„Next generation“ of marketing and distribution for
the financial industry
investor relations 2.0
Performance
NextGFI vs. UBS & Credit Suisse (since listing at Berne eXchange)
Performance | 14
Net Asset Value - Past
NextGFIs net asset value increased by more than 80% and assets under management
increased from CHF 2.6mm to CHF 18.0mm since inception in June 2009
Net Asset Value - Past | 15
Net Asset Value - Outlook
NextGFIs net asset value of CHF 91.05 is based on the valuations of our portfolio
companies as of 30st June 2012.
The three year business plans of our underlying portfolio companies which include
major milestones like
> the release of the new trading platform (Gekko Global Markets)
> release of ayondo 3.0
> investing substantial ressources into marketing campaigns
> using social media as a viral distribution channel
> rolling out our businesses in new markets
imply an increase of the NextGFI NAV of more than 100% by Q1/2015.
NextGFI has a long-term and open-end strategy meaning exit proceeds will be
reinvested or paid out as dividends to its shareholders.
Net Asset Value - Outlook | 16
Key Facts
Company: Next Generation Finance Invest AG, Zug (Switzerland)
Type of company: Investment Company; listed on BX Berne eXchange
ISIN / Valor / Ticker: ISIN: CH0014521980 Valor: 145219 Ticker: NGFN
Market Cap: CHF 18.0mm (net asset value per 30.6.2012)
Management Fees: Waived until further notice
Performance Fees: 25% of quarterly performance; high watermark
Targeted Return: 20%-30% per annum
Investment Manager: Thomas Winkler, Robert Lempka, Marc P. Bernegger (Next Generation
Finance Management AG)
Key Facts | 17
Next Generation Finance Invest
Innere Güterstrasse 2
CH-6300 Zug
Switzerland
www.nextgfi.com
Phone +41 41 712 23 53
Email [email protected]
Disclaimer
This presentation was prepared by Next Generation Finance Invest AG (NextGFI) exclusively for
the benefit and internal use of NextGFI in order to indicate, on a preliminary basis, the feasibility of
a possible transaction or transactions. This presentation is incomplete without reference to, and
should be viewed solely in conjunction with, the oral briefing provided by NextGFI. The presentation
is proprietary to NextGFI and may not be disclosed to any third party or used for any other purpose
without the prior written consent of NextGFI.
The information in this presentation reflects prevailing conditions and our views as of this date,
which are accordingly subject to change. In preparing this presentation, we have relied upon and
assumed, without independent verification, the accuracy and completeness of all information
available from public sources or which was provided to us by or on behalf of the Company or which
was otherwise reviewed by us. In addition, our analyses are not and do not purport to be appraisals
of the assets, stock or business of the Company. Even when this presentation contains a kind of
appraisal, it should be considered preliminary, suitable only for the purpose described herein and
not be disclosed or otherwise used without the prior written consent of NGFI. The information in this
presentation does not take into account the effects of a possible transaction or transactions
involving an actual or potential change of control, which may have significant valuation and other
effects.
Disclaimer | 19
