Car club is the brand owned by Berggruen Car Rentals Private Limited a venture by Berggruen Holdings Inc.
Berggruen Holdings invests across a wide range of industries, continents and asset classes, including direct private equity, real estate, alternative energy, financial instruments and basic industry startups.
Berggruen Holdings has net equity in excess of 2 billion dollars. In the aggregate the firm’s private equity portfolio is debt free and represents businesses that currently have 5 billion dollars in revenue and in excess of 250 million dollars EBITDA.
Berggruen Holdings takes a long-term, value-oriented, often contrarian view. Berggruen Holdings prefer to build organically and through acquisitions, partnering with management, as opposed to quick, opportunistic exits. Depending on the opportunity and asset class, Berggruen Holdings is prepared to invest up to 200 million dollars in any one transaction.ss, Berggruen Holdings is prepared to invest up to 200 million dollars in any one transaction.
Berggruen Holdings is the direct investment vehicle of The Nicolas Berggruen Charitable Trust. Over the last 20 years, Berggruen Holdings and related entities have made well over 100 direct investments using its proprietary capital, which allows for longer investment horizons, flexibility in financing and swift investment decisions. Nicolas Berggruen is the Chairman of the Board of Berggruen Holdings.
Berggruen Holdings works closely with existing management teams, developers and asset managers to identify appropriate investment opportunities, with few requirements except for positive cash flow. It is this strategy that allows Berggruen Holdings to successfully invest globally across asset classes. The Berggruen Group has offices in New York, Berlin, Istanbul, Mumbai and Tel Aviv.