Auric Pacific Group

What Auric Pacific Group does

Auric Pacific Group Limited is a Singapore-based private investment holding company founded in 1988, operating as a permanent capital vehicle for consumer-focused businesses across Southeast Asia. The firm controls and co-invests in operating companies, with Matahari Department Store in Indonesia identified as a prominent portfolio asset, alongside other consumer-oriented holdings. Leadership is concentrated in a professional management team led by Group CEO Dr. Andy Adhiwana, with Monish Mansukhani serving as Deputy Group CEO and Christopher Tan as CFO, overseeing both the holding company and its 501–1,000 employee base.

The group's business model combines direct operating exposure through controlled subsidiaries with capital allocation via its dedicated investment management arm, Auric Capital, which was established in 2020 to formalize and professionalize portfolio oversight. Revenue mechanics derive from a mix of consolidated subsidiary income, portfolio company dividends, and management or advisory fees at the holding level. Following its 2017 privatization, the firm operates outside public reporting requirements, which limits externally observable performance metrics.

Geographically, the platform is anchored in Singapore with material operating exposure in Indonesia via Matahari Department Store, positioning it across two of Southeast Asia's most significant consumer markets. No technology, AI/ML, or product-platform architecture was disclosed in the available inputs; the firm's value proposition centers on capital deployment, operating oversight, and cross-border consumer market expertise rather than proprietary technology.

Name

Auric Pacific Group

Legal name

Auric Pacific Group Limited

Website

https://auricgroup.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Auric Pacific Group is a Singapore-based private investment holding company founded in 1988 that manages consumer-focused businesses across Southeast Asia, operating Matahari Department Store in Indonesia through its investment platform and dedicated capital arm, Auric Capital.

Ownership category

akta.pro rank

Product category

Private Equity & Investment Management

NAICS

Offices of Other Holding Companies (551112), Portfolio Management and Investment Advice (523940), Management of Companies and Enterprises (55111)

SIC

Investment Advice (6282)

akta.pro primary industry

Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL)

Keywords

• Private investment firm
• Consumer-focused holdings
• Equity investment management
• Portfolio management services
• Responsible investing

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Core offering

Auric Pacific Group is a Singapore-based private investment firm that operates as a holding company for consumer-focused businesses through Auric Pacific Group Limited (established 1988) and as an investment manager through Auric Capital (established 2020). The firm targets both control and non-control equity stakes and works with management teams to support portfolio companies, with a portfolio that includes Matahari Department Store in Indonesia.

Product overview

Auric Pacific Group is a Singapore-based private investment firm operating as a dual-entity structure comprising Auric Pacific Group Limited (established 1988) as the holding company for consumer-focused businesses, and Auric Capital (established 2020) as the investment manager. The firm employs a bottom-up approach to evaluating companies, analyzing business fundamentals in the context of their industries and secular trends. Auric Capital targets control and non-control equity investments and provides active operational support to portfolio companies including Matahari Department Store. The Group is committed to responsible investing with high standards of environmental sustainability, social responsibility, and corporate governance.

Differentiator

Problem solved

Functional benefit

Brands

• Auric Capital: Investment manager established in 2020 that targets both control and non-control equity stakes and works with management teams to help businesses reach their full potential.

Products and services

• Auric Pacific Group Limited The core holding company for a portfolio of consumer-focused businesses; serves as the parent entity managing diverse investments in the consumer retail sector.
• Auric Capital Investment manager that targets both control and non-control equity stakes and works with management teams to help businesses reach their full potential; provides active management and operational focus with deep sectoral knowledge.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Lippo Group: Indonesian diversified conglomerate historically linked to Matahari Department Store, with interests across retail, real estate, and consumer services. Comparable to Auric as a regional, family-influenced holding company with Indonesian consumer-retail exposure and Singapore-listed parent structure.
• Saratoga Capital: Indonesia-focused investment firm holding controlling and strategic stakes in publicly listed Indonesian companies across consumer and infrastructure. Directly comparable to Auric's Matahari-centric Indonesian consumer-retail exposure and active-management approach with controlling stakes.

Broad incumbents

• Jardine Cycle & Carriage: Singapore-listed holding company with controlling stakes in regional consumer, automotive, and infrastructure businesses across Southeast Asia. Comparable to Auric Pacific Group as a Singapore-domiciled holding vehicle with active ownership of consumer-facing operating subsidiaries.
• L Catterton: Largest consumer-focused private equity firm globally, backing consumer brands and retail across Asia, Americas, and Europe. Comparable to Auric in deep consumer/retail specialization, active operational support, and focus on control or significant equity stakes in branded consumer businesses.
• CVC Capital Partners: Global PE firm with a long-established Asia-Pacific platform investing in consumer, retail, and financial services control transactions. Comparable to Auric in pan-regional deployment of control capital into consumer and retail platforms.
• Bain Capital Asia: Global PE firm with a deep Asia practice spanning control buyouts, growth equity, and special situations across consumer, retail, and technology. Comparable given senior Auric leadership's Bain & Company pedigree and shared focus on operational value creation in consumer businesses.
• KKR Asia: Global PE giant with a substantial Asia-Pacific franchise investing across control buyouts and growth equity in consumer, retail, and financial services. Comparable to Auric Capital in deploying large control equity stakes in Asian consumer businesses with active portfolio management.

Direct peers

• Affinity Equity Partners: Hong Kong-based PE firm focused on control and significant minority investments across Asia-Pacific, with a consumer/retail tilt. Comparable to Auric in mandate (large equity stakes, active ownership), regional focus, and the practice of working with management teams to build consumer platforms.
• Navis Capital Partners: Pan-Asian, control-focused private equity firm headquartered in Hong Kong with deep Southeast Asia consumer and retail exposure. Directly comparable to Auric Capital in mandate (control equity stakes in Asian consumer/retail businesses), geographic focus, and active-management orientation.
• Creador: Southeast Asia-focused PE firm investing in both control and growth equity across consumer, financial services, and retail. Directly comparable to Auric Capital in regional focus, Southeast Asia mandate, and bottom-up consumer investing approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Auric Pacific Group