Friday, 29 April 2016
Last updated 7 hours ago
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.