A Disciplined Framework for

Superior Investment Performance

Outsourced CIO Program
Challenges Investors Face Today
Complex and fast evolving
investment landscape –
Investors today need to have
significant resources/expertise,
time and discipline to execute
investment strategies that will
help them realize their financial
goals. Managing a diversified
investment portfolio in absence
of an experienced team of
investment professionals is very
difficult
Absence of holistic view – In
the absence of a formal
investment framework,
investment portfolio gets
concentrated in one or two
asset classes, dangerously
exposed to either very high risks
or very low return potential.
Formal articulation of
investment objectives, asset
allocation policies and strategies
is critical to achieving the
desired results
Conflicted advise and
unsuitable investments – A
vast majority of financial
intermediaries receives a
significant part of their
remuneration from selling high
cost products/structures.
Investors are often saddled with
complicated investment
products such as structured
products, Fund of Hedge Funds,
etc., that are often unsuitable
and laden with hidden costs
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10K OCIO Model
Client 10K
Why Clients Prefer OCIO Model
Responsibility Responsibility

Governance and Mandate Oversight 75%

Lack of internal
resources

IPS Construction and Revisions

64%
Additional
Asset Allocation and Investment Strategy fiduciary
oversight

Investment and Manager Selection 39%

Need to
increase returns
Monitoring and Rebalancing
68%
Better risk
Execution and Asset Ownership management

Source: Pensions&Investments special report dated 29 June 2020

Fees - Transparent and Aligned to Client’s Objectives 3
Outsourced CIO (OCIO) Program – Key Benefits
10K OCIO program builds customized multi-asset class, multi-country solutions to help our clients achieve their
financial goals
Focus on what you do best -
OCIO program allows you to
dedicate your time and
resources on your core business,
delegating the hard grind of
investment decision making to
10K
Independent and aligned –
10K does not get any form of
compensation from third party,
making us completely conflict
free and aligned closely to our
client’s interests
Uniquely tailored solutions -
that are adjusted dynamically to
changing market conditions and
your financial goals
Cost savings and efficiencies –
In the current depressed yield
environment, investors can save
0.5%-2.0% of their investments
by carefully selecting low-
cost/passive investment
products
Robust risk management –
investment process that ensures
that your investments are
appropriately diversified and in
line with your long-term financial
goals
Continuous oversight and
nimble decision making –
fast changing and complex
investment environment
warrants continuous oversight
and fast decision making,
possible only with dedicated
investment team
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10K Advantage - Integrity, Independence and Insights

Independent and aligned - We
derive our remuneration solely
from the fees we charge our
clients and not from selling
third-party product. This not
only makes us independent in
strategy and selection of
investment products but also
aligns our interest to that of
clients
Long track record of uniquely
tailored solutions – Our
partners have been in the money
management business over the
last 4 decades, managing multi-
asset, multi geographic
investment mandates
Process driven – Our process
driven approach brings both
rigor and discipline in
investment decision making,
reducing errors often caused by
emotional reaction to major
market movements

Strong network in GCC, India No black boxes – We believe in

and AsiaPac – Benefit from a
wide network of professionals in
alternative asset classes such as
private equity, hedge funds and
structured products
using transparent, liquid and
uncomplicated strategies to
achieve investment objectives of
our clients. Easy to understand
strategies are often the most
effective ones

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10K Investment Philosophy
10K thinks and acts like a passionate investor, marrying intellectual honesty, rigor and skepticism with fiduciary duties.
Long-term strategic perspective along with a disciplined investment framework is essential for achieving investment
goals

Asset allocation is the key
driver of long-term returns -
Asset allocation decisions and
long-term investment horizon
have the biggest bearing on
overall returns
Effective diversification critical
for managing investment risks -
A portfolio diversified across
uncorrelated asset classes (stocks,
bonds, real-estate, cash, etc.) is
often the most prudent
investment course for investors
Blend of Active & Passive
Strategy – In the current
depressed yield environment,
investors can save 0.5%-2.0% of
their investments by carefully
selecting low-cost/ passive
investment products

Institutional investment Transparent, liquid and Portfolio turnover to be kept

approach –
a formal and documented
Investment Policy Statement
(IPS) is the foundation for every
solid investment program
uncomplicated strategies – at a minimum -
not black box, but easy to like their underlying businesses,
understand strategies are often investments also need time to
the most effective ones, too perform and compound

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Shariah and Ethical Considerations
10K team understands and caters to GCC investors’ need of building a Shariah compliant investment portfolio. We
also facilitate building client defined ethical investment portfolio

Investor Priorities - Shariah compliance - Impact investing -

Our team has an understanding
of the fundamental principles of
Islamic finance and a deep
exposure to investors in MENA
and elsewhere in Asia
We work with client preferred
Shariah consultants to determine
specific assets, investment
structures and income streams
that are Shariah compliant, to
ensure adherence to client’s
investing principles
We regularly serve clients keen on
impact / ethical investing by
developing priority list and / or
negative list of assets and specific
securities. Benchmarks such as
carbon foot print, gambling,
alcohol, micro finance, woman
empowerment among others are
used

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Deep Capabilities - Strategic and Alternative Investments
Direct Investments
Disintermediation of the funds layer. Investor
takes direct exposure to start-ups, unlisted
companies, real estate projects, pre-IPO and
special situations
Private Equity / VC Funds
Certain opportunities best available through
funds. 10K curates and performs due
diligence on sector and geography specific
funds
ESG and Impact Investing
Select assets that satisfy client defined
features e.g. ESG, sustainable micro
businesses, etc.
On Offer – Decades of experience on buy and sell
sides of strategic investments – from 5% to a majority
equity and hybrid instruments - into privately held
businesses, start-ups and listed companies
Diverse Exposure – A portfolio of work within sectors
such as SAAS, technology, services, retail, life science,
healthcare, real estate, hospitality, F&B, BFSI,
engineering and manufacturing. Closed transactions in
US, UK, Australia, Saudi Arabia /GCC and Asia
Track Record – Closed deals exceed $10 billion in
enterprise value, the largest deal valued in excess of $4
billion
Seamless Project Management – Time-bound closure
in coordination with all stakeholders, namely
accounting firms, M&A lawyers, the counterparty, their
advisors, bankers, creditors, executive management,
regulators, media and analysts
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Investment Process

Review and Produce IPS – Understanding client’s

financial goals, investment objectives, risk appetite, and
constraints. These aspects are quantified and Understanding your
Monitoring and
accomodating
documented in the form of a written Investment Policy financial goals,
investment objectives,
investor inputs
Statement (IPS) risk appetite and
constraints Design target
asset allocation
and strategies
Designing and Portfolio Construction – Portfolio Portfolio construction and
Achieving
investor
policies (long-term target asset allocation) and management, dynamically
objectives and
aligned to policy/tactical
investment strategy (tactical asset allocation) are asset allocation
performance
evaluation
articulated and put into action through careful selection
of best fitting investment products/securities
Asset class return
expectations
Assessing economic, Monitoring
Monitor and Rebalance – Investments are monitored social, political, economic
sector and valuation and market
and rebalanced on a dynamic basis to accommodate considerations fundamenals
meaningful changes in the market environment and/or
client’s financial goals

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Executive Team
CHETAN SHAH Managing Partner Sydney
Chetan continues to build a rich exposure to diverse industries and capital markets while working with businesses in the US, UK, Saudi Arabia,
Australia and India. He has concluded large ticket cross-border buy-outs, strategic investments, mergers and exits exceeding $10 billion in
enterprise value. His roles as corporate development head with Tata companies and as a banker with Lazard, Saudi National Bank (erstwhile NCB)
and Bank Muscat have earned him long standing relationships and client confidence.

He has a deep interest in visualizing the future of mature and new age companies within an environment of unusual business models, changing
valuation trends and diverse management behavior.

PRAMOD BAID, CFA Partner and CIO New Delhi

With over two decades of exposure to capital markets, Pramod has experienced and navigated multiple episodes of meltdowns (2008, Arab
Spring, Greece crisis, etc.) and melt-ups as a money manager. A passionate investor, Pramod practices agnosticism when it comes to selecting
asset-class, style, sector or geography.

Prior to co-founding 10K Partners, Pramod occupied senior managerial roles at Oman Investment Authority (OIA), Oman’s sovereign wealth fund.
Pramod managed various listed equities mandate in-house, including a bottom-up global equities portfolio. His other responsibilities included
managing multi-asset portfolios for related entities and contributing to asset allocation and strategic decision making.

SUNIL DHALL, CFA Partner and Head Alternatives Dubai

With more than three decades of global markets experience, Sunil has witnessed more than three market cycles. He is an out of the box thinker
with a passion for financial markets and behavioral finance. He is always trying to connect the dots between the markets and everything that
drives them.

Sunil has worked in seven countries on three continents with some leading institutions like UBS, HSBC, Deloitte among others in a variety of roles
in investment management, technology, accounting and consulting. Prior to co-founding 10K, Sunil worked as Chief Investment Officer with a
leading Single-Family Offices (SFO) in Dubai for five years. 10
Next Step

Obligation-free Portfolio Review

To explore the possibility of improving your
investment performance, contact us for a brief
review and analysis of your current portfolio Thank You +971 554 182 864

chetan@10k-partners.com
pramod@10k-partners.com
sunil@10k-partners.com

www.10k-partners.com

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