PEI Media Group, a publishing company that focuses on the alternative assets of private equity, real estate and infrastructure, has won one of the Queen’s Awards for Enterprise 2009 in the international trade category.
Divided in three categories – international trade, innovation and sustainable development – the awards are considered the UK’s most prestigious business performance awards, given to firms that demonstrate “outstanding achievement in international trade” within a given time period.
In the past three years, PEI Media has more than doubled its overseas revenues and has built up customers in more than 80 countries. The London-based firm was founded in 2001 in a management buyout; the current managers purchased a group of assets from Euromoney Institutional Investor.
“When we did the MBO there were five of us in a small room near St. Paul’s Cathedral – and we hadn’t published a magazine yet,” said co-founder David Hawkins. “Now there’s 75 of us in offices in New York, Singapore and London. This award is a huge honour for all of the team and a great testimony to the progress we have made.”
PEI Media publishes PERE as well as numerous other news sites and industry magazines attracting a large, diverse set of global readers. These titles include Private Equity International magazine, PERE magazine, PrivateEquityRealEstate.com, PEI Asia magazine, PEI Manager magazine and Infrastructure Investor magazine and InfrastructureInvestor.com. The firm’s business lines also include specialised industry conferences, research and data services and training courses.
Co-founder Richard O’Donohoe said since 2001 the firm has looked to build a strong customer based in the UK and beyond. “Winning The Queen’s Award in the international trade category speaks to that ambition,” he said. “And we are still growing a network of long term customers in every market where our information is relevant. That first client in Vietnam pleased us but the fact we now have several based there now is even better.”