Monday, 22 September 2014
Last updated 25 min ago
Sep 26 2012 | 8:42am ET
Leopard Capital’s Asia Frontier Fund was up 0.9% after fees in August 2012, thanks, in part, to the strong performance of four of its Pakistani investments.
In its monthly newsletter, the Cayman-domiciled private equity firm says the four Pakistani companies—in the consumer staple, cement and power sectors—reported double-digit earnings, benefiting in part from robust growth in the overall Pakistani economy.
The firm also did well with its Vietnamese investments in August, despite the 4.5% tumble of the Ho Chi Minh Stock Exchange following the arrest of two senior Asia Commercial Bank officials.
Despite its August gains, however, the fund remains down 6.4% year to date.
As of August 31, LAFF was invested in 72 shares, one closed-ended fund, one GDR and held 3.7% in cash. During the reporting month, the fund bought seven new Vietnamese stocks, two Pakistani stocks, two Sri Lankan stocks and sold one Pakistani automobile wholesaler/assembler at a profit of 6%
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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