<Ul> <Li> Rank Group </Li> <Li> Reynolds Group Holdings </Li> </Ul> <Li> Reynolds Group Holdings </Li> <P> Graeme Richard Hart (born 1955) is a New Zealand businessman and the richest person in New Zealand . He prefers to stay out of the general media and makes few public appearances . </P> <P> Much like other leveraged buyout (LBO) private equity investors, Hart has a preference for buying underperforming and undervalued companies with steady cash flows which can be turned around through strong cash management, cost - cutting and restructuring with other businesses . Since his 2006 purchase of Carter Holt Harvey he has focused his acquisitions on the paper packaging sector . His largest acquisition to - date was for Alcoa's Packaging & Consumer group in 2008 for US $2.7 bn, later renamed Reynolds Packaging Group . He does not directly manage his businesses, and is focused mostly on the financing related to re-capitalization of the companies . </P>

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