Cambodia-Focused P.E. Firm Closes Maiden Offering

Apr 20 2009 | 9:36am ET

Leopard Capital has raised $27 million for its initial private equity offering focusing on Cambodia.

The Leopard Cambodia Fund invests in both companies and real estate in Cambodia focusing on venture, expansion and buy-out opportunities in the financial services, agriculture, food and beverage production, building materials, tourism and property development sectors.

“Cambodia is feeling the chill of the global depression through its garment and tourism sectors, and surely faces a couple tough years ahead,” said Douglas Clayton, managing partner. “This slowdown puts us in a favorable position to negotiate investments, as we can put cash on the table when few others are willing or able to. And land prices are correcting nicely from last year’s peaks, and bargains are finally starting to appear.”

The fund secured capital commitments from investors in Europe, North America, Asia and Australia.

Leopard Capital was formed in 2007 by Clayton, a former CLSA executive.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...