Wealth Management

Voted #6 on Top 100 Family Business influencer on Wealth, Legacy, Finance and Investments: Jacoline Loewen My Amazon Authors' page Twitter:@ jacolineloewen Linkedin: Jacoline Loewen Profile

October 6, 2009

Even Sri Lanka attracts Private Equity risk takers

Even a war torn country near to India is attracting private equity investors. Sri Lanka has managed to attract money from the attractively named Leopard Fund.

Following the prolonged civil turmoil in the country, Leopard Fund sees an upturn in the investment cycle for Sri Lanka. Leopard Sri Lanka Fund will provide expansion capital and strategic guidance to mid-market Sri Lankan companies, and also help some expand their businesses into other frontier economies.

The fund will be led by Colombo-based investment professionals Nirosh De Silva and Ramanan Govindasamy. A fundraising target for vehicle has yet to be disclosed.

Leopard's maiden vehicle, Leopard Cambodia Fund, has so far raised more than $28m and most recently invested $2m for a majority stake in Kingdom Breweries.o

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