GT Capital to invest $200M in portfolio diversification

GT Capital Holdings Inc., the investment arm of the Ty family, is looking to invest $100 million to $200 million in prospective partners as part of moves to diversify its business portfolio and lessen its dependence on the banking and automotive industries.

- By JAMES A. LOYOLA

In an interview, GT Capital Chief Financial Officer George Uy-Tioco, Jr., said, “We’re in this situation now where we have strong performance of our business units, and the next question is what do we do next, what sectors do we want to invest in next?”

“What we’re trying to do now is we’re trying to finalize our investment plan and how we take GT capital to the future...We’re in investment mode. We are in the process of looking for sectors and businesses that we can invest in to expand our portfolio,” he added.