Leopard Capital Partner Buys Out Public Equities Division

Jul 16 2013 | 8:51am ET

Thomas Hugger, a former managing partner at Leopard Capital, has bought out Leopard Capital (Hong Kong), Leopard Capital Management and the Leopard Capital Asia Frontier Fund.

Hugger, who has renamed the firm Asia Frontier Capital, will continue to manage the fund as the AFC Asia Frontier Capital Fund. The vehicle will remain focused on the Asian frontier markets of Bangladesh, Cambodia, Iraq, Laos,  Mongolia, Myanmar, Pakistan, Papua New Guinea, Sri Lanka and Vietnam.

Leopard Capital will focus on private equity investments (including its two existing p.e. funds, the Leopard Cambodia Fund and Leopard Haiti Fund) while AFC will invest exclusively in listed firms in those markets.

Said Douglas Clayton, founder and CEO of Leopard Capital, in a statement: “As our private equity platform expands rapidly we decided to take the opportunity to spin off our smaller public equities division to its manager, Thomas Hugger. This will enable the Leopard team to focus  exclusively on our core business which is providing financial and operational support to unlisted companies in frontier markets. We are pleased to have created and incubated the successful Asia Frontier Fund and are confident it will continue to perform well under Thomas Hugger’s ownership and management.”

As part of the transaction, Asia Frontier Capital has acquired Leopard’s former public equities team and is recruiting a new marketing director and research analyst.

Hugger’s investment strategy has returned 10.72% since inception in March 2012, 10.56% YTD and 19.02% on a one-year basis (all net of fees).


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.