Bailiwick Investments Limited (the “Company”) is an authorised closed-ended collective investment scheme established in Guernsey with the objective of attaining long-term capital growth by investment in a diversified portfolio of investments, principally in businesses, property and assets situated in, registered, headquartered or managed from the Channel Islands’, or in relation to which through the involvement of Channel Islands businesses or individuals, resident in the Channel Islands, there is a material Channel Islands’ interest. The Company is authorised by the Guernsey Financial Services Commission and listed on The International Stock Exchange, and is a member of the Association of Investment Companies (the AIC). The Company has an independent board of directors and an investment manager each of which has a strong and demonstrable record of business acumen and success both in the Channel Islands and further afield. Bailiwick Investments is a unique and attractive vehicle for investors who have been professionally advised with regard to investment, or other financially sophisticated investors, who are looking for exposure to high quality, well-established businesses primarily in the Channel Islands.
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Guernsey Recycling (1996) Limited
Guernsey Recycling (1996) Limited, trading as GRG, is a waste to resource management group headquartered in Guernsey with over 200 staff operating across Guernsey, Jersey, the UK and the Cayman Islands.
GRG companies are active in the transportation, processing and trading of all forms of waste. Everyday GRG turns processed waste material into renewable resources. The group serves customers ranging from governments to individuals and businesses from all sectors.
The company provides infrastructure and services for all forms of solid, hazardous, liquid and inert waste in large and small economies. Given its Channel Islands’ heritage, GRG has a particularly intimate and unique knowledge of waste management solutions for island economies.
Through the acquisitions of BKP Waste, Greenway Environmental and Chloros Environmental in the UK, GRG has become a market leader for hazardous and liquid waste, providing solutions across the UK.
www.grgcorp.com
Jersey-headquartered holding company of a retail-focused property portfolio across the Channel Islands. Formerly an international retail and food service operator with over 20 stores across four territories.
On 2 June 2023, it was announced that Octane PCC had entered into an agreement to sell Jacksons and its operating subsidiaries to Van Mossel Automotive Group. Following approval from the Jersey Competition Regulatory Authority, the sale completed on 11 August 2023. Octane PCC continues to own property assets including the Jacksons Isle of Man site which has been to Van Mossel on a 15-year lease.
CI Hospitality Limited (Randalls) is a leading hospitality and wholesale business in Guernsey. The company owns and manages more than 20 pubs, restaurants, hotels and shops across Guernsey, Alderney and Sark. It also brews, distils and supplies some of the Bailiwick’s most popular drinks.
Channel Islands Media Group
Channel Islands Media Group Limited’s (“CIMG”) vision is to bring together traditional printed media with a digital future and comprises two wholly owned subsidiaries, The Guernsey Press Limited and TPA Guernsey Limited.
The Guernsey Press Limited, acquired in September 2019, is a key source of information across the Bailiwick of Guernsey, offering multi-media platforms, as well as the production and distribution of the local newspaper and the wholesale and distribution of national newspapers and magazines.
TPA, acquired in August 2020, is a professional services company creating marketing and digital development output across a range of media in Guernsey and Jersey, with a focus to grow its offering in Jersey.
Bailiwick invested a further £610k into CIMG as part of a capital restructure completed on 1 April 2022, increasing its holding from 30% to 47%. Key members of the management team also invested or increased their investment into the business at the same time.
FB Limited
F B Limited (“Oatlands”) owns Oatlands Village, one of Guernsey’s leading visitor attractions comprising a number of rental units, including a range of high quality retail outlets and a popular restaurant, The Kiln.
Oaty & Joey’s Playbarn opened in December 2018 following a multimillion pound development and is one of Guernsey’s premier children’s attractions comprising nearly 30,000 square feet of soft play, trampolines, ten pin bowling and other activities.
During 2021, management successfully completed a number of projects to improve the overall offering, including the opening of Oaty’s Drive Thru, Guernsey’s first fast-food drive through, an upgrade to the crazy golf course and the redevelopment of the former Jungle House to a children’s nursery.
In July 2021, Oatlands welcomed a new investor, Guy Hands, who now sits alongside the Fund and director, Chris Coles. The restructure also enabled the retirement and exit of one of the existing investors and directors, while raising funds to enable the company to exploit further investment opportunities within the existing grounds of Oatlands. Each of the shareholders now holds an equal share in the company, comprising both ordinary and preference shares.
www.oatlands.gg
Jersey Electricity plc (“JEC”) is listed on the Main Market of the London Stock Exchange and has an annual group turnover in excess of £100 million.
The States of Jersey owns 62% of the ordinary share capital, which is unlisted. JEC is a vertically integrated power utility dealing in the importation, generation, transmission and distribution o electricity. The company is the sole supplier of electricity in Jersey, serving over 51,000 domestic and commercial customers. Providing affordable, secure and sustainable energy is its core objective.
JEC’s non-energy businesses include Retail, Building Services, IT Advisory, Environmental Engineering and Property.
JEC fully supports Jersey’s ambitions to become carbon neutral by 2030 and aims to be at the forefront of the change, helping and supporting islanders on the journey.
Established in 1914 as a care home for elderly residents of Guernsey. Construction started in November 2018 to extend the building and refurbish other existing parts to create a fully compliant, market standard 50-bedroom care home for elderly residential and dementia care.
Le Platon was established in 1914 as a residential home for people who are elderly and are at a time in their lives when they need care and support. The home operates on a not-for-profit basis and is run by a registered charity. Construction started in November 2018 to extend the building and refurbish other existing parts to create a fully compliant, market standard 50-bedroom care home for elderly residential and dementia care. The new wing development was completed in 2023.
Polygon is a family-owned investment company which holds a range of investments, including
property, financial services and angel investment assets across the Channel Islands.
Proviz is an international, multi-award winning sports brand, distributed and sold online globally. A Jersey company formed in 2008, Proviz set out to revolutionise the ‘hi-viz’ and reflective sports market and aims to be the world’s most innovative enhanced visibility sports brand, creating products that empower their customers and harnessing the power of the brand for the greater good of the planet.
In May 2022, Bailiwick invested £2m in Proviz as part of a fundraise to support an accelerated marketing and brand awareness programme and strategic international expansion, including investment in people and systems.
Formerly an independent investment services group delivering focussed investment solutions and support to advisers. Now in orderly wind up, with one remaining office in South Africa.
Y/E 2024
Y/E 2023
Y/E 2022
Y/E 2021
Y/E 2020
Y/E 2019
Y/E 2018
Y/E 2017
Y/E 2016
Y/E 2015
Y/E 2014
Y/E 2013
Y/E 2012
Y/E 2011
*The total shareholder return from inception to 31st March 2025 is 156% based on the cumulative dividends paid by the Company to date and the movement in share price. Past performance is not necessarily a guide to future performance and may not be repeated.
Fund Name
Bailiwick Investments Limited
Security Type
Ordinary Shares
Legal Structure
Non-cellular company limited by shares
Fund type
Authorised closed-ended collective investment scheme
Fund Size
Gross Asset Value £90.2m / Net Asset Value £89.9m
Domicile
Guernsey
Listing
The International Stock Exchange
Launch Date
15 December 2008
Launch Price
100p per share
Total Shares in Issue
48,100,000
Investment Manager
Ravenscroft Corporate Finance Limited
ISIN
GG00B3KJH957
NAV per Share
(March 2025) 159.9p