Thursday, 26 November 2015
Last updated 1 day 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%
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…