Khan Investment Management

Khan Investment Management is an investment management and advisory group established to provide fund-based access to Mongolia-related equity investments. The firm was founded by Travis Hamilton in March 2011 and is described as operating from Singapore and the Cayman Islands. Its principal investment vehicle was the Khan Mongolia Equity Fund, an open-ended fund launched in November 2011. The firm’s investment approach was designed to cover both companies listed on the Mongolian Stock Exchange and companies with operations in Mongolia whose shares trade on overseas exchanges. The fund also participated in Mongolian initial public offerings, giving it exposure to both secondary-market securities and new equity issuance. This structure reflected the limited and developing nature of Mongolia’s public capital markets during the period in which the firm was established. Hamilton has linked the firm’s origins to a 2006 discussion with Robert Friedland, then associated with Ivanhoe Mines and its Mongolian mining activities. After leaving the Helvetica group in 2010, Hamilton investigated ways for outside investors to gain exposure to Mongolia. Finding no straightforward investment vehicle for that purpose, he moved toward creating a dedicated fund-management business. Khan Investment Management’s documented history is concentrated in its formation and the launch of the Khan Mongolia Equity Fund. In March 2012, Narantuguldur Saijrakh, formerly general manager of Asia Pacific Securities, joined the organization as its full-time director. Publicly available reference material provides limited information about the firm’s later fund performance, assets under management, additional products, ownership, current leadership, or present operating status. Accordingly, the business is best characterized from the available record as a specialist Mongolia-focused investment manager and adviser rather than as a broadly diversified global asset-management brand.

Khan Investment Management emerged from an effort to create a dedicated investment vehicle for international exposure to Mongolia. According to accounts attributed to founder Travis Hamilton, the idea was influenced by a 2006 conversation with Robert Friedland, whose mining interests included operations in Mongolia. That discussion appears to have drawn Hamilton’s attention to the country’s resource potential and the investment opportunities associated with its developing economy. Hamilton subsequently left his position at the Helvetica group in 2010 to investigate practical ways for outside investors to invest in Mongolia. The available account states that he did not find an easy or established route for such investment. Rather than limiting the strategy to a conventional advisory practice, he decided to establish a fund-management business focused on Mongolian securities and companies connected to the country. The firm was founded in March 2011. Its principal vehicle, the Khan Mongolia Equity Fund, was launched in November of the same year as an open-ended investment fund. The fund could invest in companies listed on the Mongolian Stock Exchange as well as in businesses operating in Mongolia but listed on other exchanges. It also participated in Mongolian initial public offerings, extending the strategy beyond trading existing listed shares. The fund’s structure was significant because Mongolia’s public-equity market was relatively small and developing. A strategy spanning domestic listings, foreign-listed companies with Mongolian operations, and local IPOs allowed the manager to treat Mongolia-related exposure as a broader investment universe rather than relying exclusively on the Mongolian Stock Exchange. The firm therefore occupied a specialist position between regional investment advisory and country-focused fund management. In March 2012, Narantuguldur Saijrakh joined Khan Investment Management as its full-time director. Saijrakh had previously served as general manager of Asia Pacific Securities, bringing securities-market experience to the young organization. Beyond this appointment, the supplied reference material does not establish later changes in management, additional funds, investment results, assets under management, ownership, or the firm’s current operating condition. The documented history consequently ends with the early development of the Mongolia-focused fund platform.

• 2012

  Narantuguldur Saijrakh appointed full-time director

  [1]Khan Investment Managementen.wikipedia.org

  Former Asia Pacific Securities general manager Narantuguldur Saijrakh joined the firm as full-time director in March.

• 2011

  Khan Investment Management founded

  [1]Khan Investment Managementen.wikipedia.org

  Travis Hamilton founded the investment management and advisory group in March 2011.

• 2011

  Khan Mongolia Equity Fund launched

  [1]Khan Investment Managementen.wikipedia.org

  The firm launched its open-ended Khan Mongolia Equity Fund in November, targeting Mongolian-listed and Mongolia-related companies listed elsewhere.

• 2010

  Hamilton investigates Mongolia investment opportunities

  [1]Khan Investment Managementen.wikipedia.org

  Hamilton left the Helvetica group and explored ways for outside investors to access Mongolia’s developing market.

• 2006

  Founding concept influenced by Mongolia investment discussion

  [1]Khan Investment Managementen.wikipedia.org

  Travis Hamilton later identified a discussion with Robert Friedland as an influence on his interest in Mongolia and its investment opportunities.

A specialist investment manager and adviser providing international investors with structured exposure to Mongolian equities and companies operating in Mongolia.

• Open-ended investment fund · 2011

  Khan Mongolia Equity Fund

  The firm’s documented flagship fund was launched in November 2011 to invest in companies listed on the Mongolian Stock Exchange and in companies operating in Mongolia but listed on other exchanges. The fund also participated in Mongolian initial public offerings, combining exposure to established securities with access to new equity issuance. Publicly available reference material does not provide its assets, performance, fee structure, or current status.

• 2011

  Launch of the Khan Mongolia Equity FundProduct launch

  Background

  The firm was created after Hamilton concluded that international investors lacked a straightforward dedicated vehicle for accessing Mongolia-related investments.

  Action taken

  Khan Investment Management launched an open-ended fund investing across Mongolian-listed equities, overseas-listed companies operating in Mongolia, and Mongolian IPOs.

  Aftermath

  The launch established the firm’s documented specialist focus on Mongolia-related equity exposure. Later performance and business outcomes are not established in the supplied sources.

  Source

1. 1Khan Investment Managementen.wikipedia.org
2. 2Archived Khan Investment Management websiteweb.archive.org