100 Years of Heritage

The Clermont Group is a Business House passionate about building businesses that contribute to the prosperity and well-being of the communities they serve.

The Clermont Story
Our story is that of a Business House built on the foundations of big dreams, courage and integrity. Our heritage spans more than a century of entrepreneurship and value creation in countries across the world. Those who went before us combined a gift for business with an ability to discern the times and seasons of industries and the rise and fall of nations. We seek to be a “good ancestor”, building on this inheritance and leaving a legacy for others.
Our entrepreneurial legacy began in Auckland, New Zealand in 1903, when Chicago-born Edward Chandler founded an advertising firm, Chandler & Co. His son Robert and his wife Marija opened Chandler House, a department store in Hamilton, New Zealand, in 1973. In 1982, two sons, Richard and Christopher, joined the business. The company grew to include a department store in Auckland and a chain of fashion stores.

If something is worth doing, it’s worth doing well.

Robert Chandler

Four years later, Richard and Christopher began their own story, establishing Sovereign Asset Management. They turned their sights to investing in emerging markets, often at times of political and economic uncertainty. Sovereign began by investing in Hong Kong real estate in 1987 and went on to be among the first portfolio investors in Brazil and Russia when they transitioned to market-oriented economies in the 1990s. In the 2000s, Sovereign returned to Asia, investing in listed companies in Japan, India and South Korea. Sovereign placed a strong emphasis on the importance of good governance for building champion businesses and strong economies.

Read Secrets of Sovereign

The Chandler brothers contributed greatly to Korea by raising the awareness of corporate governance and provided an impetus for big companies to change.

Seo Jae Hyeong

President of International Investment Advisors

In 2006, following the demerger of Sovereign, Richard Chandler established the Clermont Group, with its headquarters in Singapore.
The Clermont Group is passionate about building businesses that contribute to the prosperity and well-being of the communities in which they operate. Our mission is to build iconic companies that lead industry and shape culture through wisdom in governance, business innovation and marketplace trust. We believe in principles before profits; our moral and reputational capital underwrite our long-term success.
Clermont’s conglomerate business model comprises two divisions. The first is Clermont Holdings, which owns and operates a group of businesses in healthcare, financial services and aerospace. Here, talented individuals – rigorously trained in the art and science of business-building – steward our Operating Businesses through excellence, innovation and integrity. The second division, Clermont Capital, invests in private and public securities. It plays an important role in managing the group’s reserves and liquidity.
Our strong and resilient business model combines both business and investment principles, with each team drawing on the skills, capabilities, relational networks, and market and industry insights of the other. While it is easy for a conglomerate to fall into confusion in a search for growth and diversification, we are careful to guard our identity and focus on a few businesses where we believe we can lead. Fulfilling our purpose - building a better world - is a call to creativity, innovation and risk taking. In so doing we are creating epic stories of marketplace adventures that make our professional careers exciting, rewarding and meaningful.

Our legacy is not determined by the territory we take or the profits we make, but by the improved lives of the customers and communities we serve.

Richard F. Chandler

Chairman, The Clermont Group