Access Industries
Access Industries is a private holding company and global investment firm based in New York, with a diverse portfolio valued at over $35 billion across various sectors and regions.
Company Overview
Access Industries is a private holding company and global investment firm based in New York, founded in 1986. With over three decades of investment experience, the firm has established a diverse and extensive portfolio valued at more than $35 billion. The firm's holdings span across various sectors and cover over 200 countries and territories, reflecting its significant global presence.
Investment Sectors
Access Industries has diversified its investments across multiple sectors including biotechnology, entertainment, external funds, global media, real estate, strategic equity, and technology ventures. Established in different years, these sectors showcase the firm's adaptive investment strategy. For example, the biotechnology sector was launched in 2019, real estate investments began in 2013, and the technology ventures division was opened in 2015.
Notable Transactions
Access Industries has executed several notable transactions. In 2020, the company took Warner Music Group public, achieving an impressive 14x return. In 2018, it closed a $17 billion take-private acquisition of Calpine, America's largest generator of electricity from natural gas and geothermal resources. Other significant acquisitions include the Grand-Hôtel du Cap-Ferrat, managed by Four Seasons Hotels and Resorts since 2015, and Clal Industries in 2013.
Key Investments and Partnerships
Access Industries has made key investments and partnerships in various fields. In biotechnology, the firm has invested in companies like Disc Medicine, Principia Biopharma, and Day One Biopharmaceuticals. In entertainment, Access Industries co-finances films with A24 through Access Entertainment. The company also holds strategic equity investments in entities such as LyondellBasell and BMC Software. Real estate ventures include iconic properties like the Faena Hotel in Miami Beach and the Grand-Hôtel du Cap-Ferrat.
Technology Ventures Investments
Access Industries' technology ventures include investments in notable companies such as Alibaba, Amazon, Archer Aviation, Chime, DigitalOcean, Facebook, Opendoor, Snap, Square, and Zhihu. Launched in 2015, this division aims to support and grow tech-driven enterprises by providing substantial financial backing and strategic support.