Management
Craven House Capital has a management contract with Desmond Holdings Ltd to manage the portfolio of the company and generate new investment opportunities. Desmond Holdings is a private investment holding company with principal offices in Hong Kong and an investment portfolio that includes public and private companies in Latin America, Asia, Africa and Eastern Europe. The company primarily focuses on the natural resource industry, agriculture and manufacturing.
Desmond Holdings manages the day-to-day operations of Craven House Capital and reports to a non-executive Board of Directors which acts in a supervisory capacity.
Board of Directors
Mark Pajak - Non-Executive Director
Mark Pajak's duties include chairing the investment committee and direct board level involvement with the portfolio companies. Prior to his role at Craven House Capital, Mr. Pajak was Managing Director at Desmond Holdings and a member of their investment committee. He is also President and CEO of DLC Holdings Corp. (formerly Desmond Investments Ltd), a company listed on the TSX Venture Exchange in Toronto.
Mr. Pajak started his career at Taylor Wimpey Plc, the UK's largest property developer where he worked directly for the Chief Executive advising on M&A activity, corporate capital structuring and communications with shareholders and the financial community. He was among the youngest directors in the 130 year history of the company.
Mark holds both an undergraduate degree and MBA from Oxford University.
Balbir S. Bindra - Non-Executive Director
Mr. Bindra is a solicitor and formerly a Partner of Ince & Co and Sidley Austin. He specialises in cross-border asset, project and structured finance transactions relating to energy, natural resources and industrial equipment. He has extensive experience in debt capital markets and investment fund transactions, advising both underwriters and issuers on a wide range of capital market products. In the structured finance area he has advised financial institutions, funds and issuers on repackagings, asset backed products, fund structuring and portfolio management and has represented multinationals, banks, securities houses, hedge funds, private equity groups, multilateral and sovereign lenders.
Mr. Bindra has been named as a leading individual in both Asia Pacific Legal 500, Chambers Asia for Structured Finance and Euromoney's Guide to the World's Leading Structured Finance Lawyers. He is a member of the Law Society of England & Wales and of Hong Kong.
Calum Morrison - Non-Executive Director
Following a successful career as an Officer in the Royal Marines, Mr. Morrison has spent over 15 years managing businesses across a diverse range of emerging and frontier markets in sectors including telecoms, risk management and oil & gas. He has developed particularly valuable experience in north and central African jurisdictions, the Middle East and India
He is the founder and is a director of The Extraordinary Adventure Club.
