FT Non-Public 150 - the full list - FT.

com

5/3/13 4:50 PM

December 14, 2006 6:21 pm

FT Non-Public 150 - the full

list
Top 150 Non-Publicly listed companies
Estimated
Market
Company

Country

Sector

Value as
of Dec

Type

Type (1)

2005
($bn)
1

Saudi Aramco
Petrleos Mexicanos
(Pemex)
Petrleos de Venezuela
SA
Kuwait Petroleum
Corporation
Petroliam Nasional
Berhad (Petronas)
Sonatrach
National Iranian Oil
Company

Saudi

Oil gas

781

Mexico

Oil gas

415

Venezuela

Oil gas

388

Kuwait

Oil gas

378

Malaysia

Oil gas

232

Algeria

Oil gas

224

Iran

Oil gas

220

Arabia

Japan Post

Japan

Postal services

156

Pertamina

Indonesia

Oil gas

140

Nigeria

Oil gas

120

UAE

Oil gas

103

10

11

Nigerian National
Petroleum Corporation
Abu Dhabi National Oil
Company (ADNOC)

http://www.ft.com/intl/cms/s/2/5de6ef96-8b95-11db-a61f-0000779e2340.html#axzz2SEy0ulh5

State
owned
State
owned
State
owned
State
owned
State
owned
State
owned
State
owned
State
owned
State
owned
State
owned
State
owned

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FT Non-Public 150 - the full list - FT.com

12

INOC

5/3/13 4:50 PM

Iraq

Oil gas

102

State
owned

13

14

15

16

17

18

Libya National Oil

Company
SparkassenFinanzgruppe*
State Grid Corporation of
China
Nippon Life Insurance
Company

19

21

99

Germany

Banking

98

China

Electric utilities

87

Japan

Insurance

87

Mutual

Private equity

83

Partnership

Oil gas

78

Insurance

76

Banking

73

Postal services

72

Private equity

71

United

Co

States

Qatar Petroleum

Qatar

Automobile Insurance
Company

20

Oil gas

Kohlberg Kravis Roberts

State Farm Mutual

European Investment
Bank

State

Libya

United
States

Luxembourg

United States Postal

United

Service

States
United

owned
Association
State
owned

State
owned

Mutual

State
owned
State
owned

22

Carlyle Group

23

Norinchukin Bank

Japan

Banking

66

24

Rabobank

Netherlands

Banking

62

25

Blackstone Group

Private equity

60

Partnership

26

Texas Pacific Group

Private equity

59

Partnership

27

Permira Advisers LLP

Private equity

54

Partnership

28

Koch Industries

Conglomerates

52

29

Bain Capital, LLC

Private equity

49

States

United
States
United
States
United
Kingdom
United
States
United
States

http://www.ft.com/intl/cms/s/2/5de6ef96-8b95-11db-a61f-0000779e2340.html#axzz2SEy0ulh5

Partnership
Cooperative
Cooperative

Family
owned
Partnership

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FT Non-Public 150 - the full list - FT.com

30

31

Cargill, Inc.

Private equity

46

Partnership

Private equity

45

Partnership

42

Private equity

42

Germany

Pharmaceuticals

41

Japan

Insurance

41

Mutual

Japan

Insurance

41

Mutual

Spain

Banking

37

Nonprofit

Healthcare

36

Nonprofit

35

Mutual

35

Partnership

States

Kingdom

FMR Corp

34

Warburg Pincus LLC

37

48

Limited

33

Boehringer Ingelheim
GmbH
Meiji Yasuda Life
Insurance Company
Dai-ichi Mutual Life
Insurance Company

Family

Conglomerates

United

Apollo Advisors, LP

36

United

CVC Capital Partners

32

35

5/3/13 4:50 PM

United
States
United

Asset

States

management

United
States

owned

Family
owned
Partnership
Family
owned

Caja de Ahorros y
38

Pensiones de Barcelona
(la Caixa)

United

39

Kaiser Permanente

40

Crdit Mutuel

France

Banking

The Capital Group

United

Asset

Companies

States

management

Bertelsmann AG

Germany

Media

34

France

Banking

34

Mutual

Private equity

34

Partnership

Private equity

33

Partnership

Egypt

Oil gas

33

China

Banking

33

41

42

43

Groupe Caisse
dEpargne

44

BC Partners Limited

45

Apax Partners

46

47

Egyptian General
Petroleum Corporation
China Development Bank

States

United
Kingdom
United
Kingdom

Family
owned

State
owned
State
owned

United
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FT Non-Public 150 - the full list - FT.com

5/3/13 4:50 PM

United
48

49

50

Cinven
Japan Racing
Association
Caisse des Dpts et
Consignations

51

Mars Inc

52

Deutsche Bahn AG

53

Silver Lake Partners

54

32

France

Banking

32

United

Food &

States

beverages

32

Germany

Railroads

31

Private equity

31

Partnership

Private equity

31

Partnership

Entertainment

29

Association

29

Mutual

28

Partnership

27

Partnership

Private equity

27

Partnership

Private equity

27

Partnership

Private equity

27

Partnership

China

Railroads

25

France

Banking

25

Real estate

25

25

24

United
States

United
States
United

Asset

States

management

Madison Dearborn

United

Partners

States

Deloitte Touche

United

Professional

Tohmatsu

States

services

First Reserve Corporation

United
States

Thomas H. Lee Equity

United

Partners

States

61

General Atlantic Partners

62

China Railways

63

Entertainment

States

Vanguard Group

60

Japan

Capital

56

59

United

National Football League

58

32

Hellman Friedman

55

57

Private equity

Kingdom

Groupe Banque
Populaire

64

Trump Organization

65

PriceWaterhouseCoopers

United
States

United
States

Private equity

United

Professional

States

services

Colombia

Oil gas

Empresa Colombiana de
66

Partnership
State
owned
State
owned
Family
owned
State
owned

State
owned
Mutual
Family
owned
Other
State

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FT Non-Public 150 - the full list - FT.com

5/3/13 4:50 PM

Petrleos (Ecopetrol)
67

68
69
70

China Southern Power

Grid
Loterias y Apuestas del
Estado (LAE)
IKEA International A/S
Corporacin Nacional del
Cobre de Chile (Codelco)

71

La Franaise des Jeux

72

Cox Enterprises

73

74

75

82

83

84

Spain

Entertainment

23

Sweden

Retailers

22

Chile

Metals mining

22

France

Entertainment

22

Media

21

Insurance

21

21

21

Nonprofit

21

Partnership

21

United
States

Suntory Group

Japan

de Piedad de Madrid

KPMG International

81

States

77

80

23

Group

Ernst Young International

79

Electric utilities

United

Caja de Ahorros y Monte

State Oil Company of

Food &
beverages

Spain

Banking

United

Professional

States

services

Netherlands

Professional
services

Azerbaijan

Oil gas

20

Otto GmbH Co KG

Germany

Retailers

20

Providence Equity

United

Partners

States

Private equity

20

Banking

20

Banking

20

Conglomerates

20

Private equity

20

Azerbaijan (SOCAR)

Agricultural Bank of
China

State

China

MassMutual Financial

76

78

owned

China

Nationwide Building

United

Society

Kingdom

Votorantim Group

Brazil

Clayton, Dubilier Rice,

United

Inc.

States

Welsh, Carson, Anderson

United

http://www.ft.com/intl/cms/s/2/5de6ef96-8b95-11db-a61f-0000779e2340.html#axzz2SEy0ulh5

owned
State
owned
Other
State
owned
State
owned
Family
owned
Mutual
Family
owned

Cooperative
State
owned
Family
owned
Partnership
State
owned
Mutual
Family
owned
Partnership

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5/3/13 4:50 PM

Welsh, Carson, Anderson

United

85

Stowe

States

Private equity

20

86

Vattenfall AB

Sweden

Electric utilities

19

Nationwide Mutual

United

Insurance Company

States

Insurance

18

88

Maruhan Corporation

Japan

Entertainment

18

89

Tchibo Holding AG

Germany

18

90

Ferrero S.p.A.

Italy

18

87

91

92

Comisin Federal de
Electricidad
Landesbank BadenWrttemberg

Food &
beverages
Food &
beverages

Partnership

State
owned
Mutual
Family
owned
Family
owned
Family
owned
State

Mexico

Electric utilities

18

Germany

Banking

18

Russia

Railroads

18

Entertainment

17

Other

Insurance

17

Mutual

owned
State
owned
State

93

JSC Russian Railways

94

Camelot Group plc

95

USAA

96

Citic Group

China

Conglomerates

16

97

Bayerische Landesbank

Germany

Banking

16

Health Care Service

United

Corporation

States

Healthcare

16

Mutual

Japan

Insurance

16

Mutual

United

Consumer

States

goods

15

98

99

Sumitomo Life Insurance

Company

United
Kingdom
United
States

100

SC Johnson Son, Inc

101

La Poste

France

Postal services

15

102

REWE Group

Germany

Grocery retailers

15

owned

State
owned
State
owned

Family
owned
State
owned
Cooperative
State

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5/3/13 4:50 PM

103

KfW Bankengruppe

Germany

Banking

14

104

B. Braun Melsungen AG

Germany

Healthcare

14

South Africa

Metals mining

14

Insurance

13

Media

13

105

106

De Beers Consolidated
Mines Limited
Liberty Mutual Holding

United

Company Inc.

States
United

107

British Broadcasting Corp

108

Glencore International

Switzerland

Trading

13

109

Edeka Group

Germany

Grocery retailers

13

110

New York State Lottery

Entertainment

13

111

Louis Dreyfus Group

France

Conglomerates

13

112

Poste Italiane SpA

Italy

Postal services

13

France

Railroads

13

113

Socit Nationale des

Chemins de Fer Franais

Kingdom

United
States

114

Hydro-Qubec

Canada

Electric utilities

13

115

Schwarz Group

Germany

Grocery retailers

13

116

El Corte Ingls SA

Spain

Retailers

13

117

Carlson Companies

Hospitality

12

118

ALDI Group

Grocery retailers

12

119

Global Hyatt Corporation

Hospitality

12

120

Dr August Oetker KG

Germany

12

121

Vitol Holding BV

Netherlands

Trading

12

Germany

Banking

12

United
States
Germany
United
States

Food &
beverages

Deutsche Zentral122

owned
Family
owned
Family
owned
Mutual
State
owned
Other
Cooperative
State
owned
Family
owned
State
owned
State
owned
State
owned
Family
owned
Family
owned
Family
owned
Family
owned
Family
owned
Family
owned
Other
Co-

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FT Non-Public 150 - the full list - FT.com

122

5/3/13 4:50 PM

Germany

Banking

12

Genossenschaftsbank
123

124

Nascar
Shanghai Automotive
Industry Corporation

operative
United
States
China

Entertainment
Automobiles
parts

12

12

Family
owned
State
owned
State

125

Gie Pari Mutuel Urbain

France

Entertainment

12

126

Auchan SA

France

Grocery retailers

12

127

Northwestern Mutual Life

Insurance

12

12

Electric utilities

11

Healthcare

11

Electric utilities

11

Electric utilities

11

11

11

Other

Healthcare

11

Nonprofit

128

China FAW Group

Corporation

United
States
China

129

EWE AG

130

Highmark Inc

131

Taiwan Power Company

Taiwan

Tennessee Valley

United

Authority

States

132

133

134

Dongfeng Motor
Corporation
TIAA-CREF

Germany
United
States

China

Automobiles
parts

Automobiles
parts

United

Asset

States

management

owned
Family
owned
Mutual
State
owned
State
owned
Nonprofit
State
owned
State
owned
State
owned

Independence Blue

United

Cross

States

136

TC Ziraat Bankasi AS

Turkey

Banking

11

137

HSH Nordbank AG

Germany

Banking

11

138

New York Life

Insurance

11

Mutual

139

Major League Baseball

Entertainment

11

Association

Grocery retailers

11

Other

135

140

Socit Civile des

Mousquetaires

United
States
United
States
France

http://www.ft.com/intl/cms/s/2/5de6ef96-8b95-11db-a61f-0000779e2340.html#axzz2SEy0ulh5

State
owned
State
owned

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5/3/13 4:50 PM

Mousquetaires
Norddeutsche
141

Landesbank Girozentrale

Banking

10

France

Grocery retailers

10

Entertainment

10

Association

Insurance

Mutual

Other

Healthcare

Nonprofit

Portugal

Banking

Germany

Banking

Other

Insurance

Nonprofit

Railroads

(Nord/LB)
142

Association des Centres

Distributeurs E. Leclerc
National Basketball

United

Association

States

144

Groupama SA

France

145

Wrth Gruppe

Germany

146

Ascension Health

143

147

Caixa Geral de Depsitos

SA

148

WestLB AG

149

Blue Shield of California

150

Indian Railways

State

Germany

United
States

United
States
India

Industrial
supplies

owned
Cooperative

State
owned

State
owned

Source: McKinsey
* Sparkassen-Finanzgruppe excludes landesbanken, which are listed separately

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