Leopard Capital

Leopard Cambodia exits mineral water producer Kulara 0

leopard-capital-logoReposted from AltAsset

Emerging markets firm Leopard Capital has successfully exited its entire investment in Cambodian mineral water company Kulara Water to the company’s founding shareholder.

The transaction harvested an undisclosed profit for Leopard Cambodia Fund, the firm said. It provided Kulara with venture financing and operational support, enabling Kulara to complete its factory construction and refine its business plan. More…

Haiti – Economy : IFC Helps Haitian Businesses Strengthen their Corporate Governance 0

IFC_LogoReposted from Haitilibre.com

The International Finance Corporation (IFC), a member of the World Bank Group, is hosting a Corporate Governance conference in Port au Prince today aimed at helping Haitian firms and family-owned businesses develop sound corporate governance practices to operate more efficiently, improve their access to capital, and manage their risks effectively. More…

Leopard Cambodia Fund LP Invests in Engage Resources (Thailand) Co. Ltd. 0

Leopard Cambodia Fund has invested in a Thai company that produces kenaf

Leopard Cambodia Fund has invested in a Thai company that produces kenaf

Phnom Penh, Cambodia – Leopard Capital LP announced today that Leopard Cambodia Fund LP has invested in Engage Resources (Thailand) Co. Ltd. (“Engage”), a producer and developer of kenaf-based products. Kenaf is a fibrous plant used in the animal feed, construction, and paper & pulp industries. Leopard Cambodia Fund’s investment provides growth capital required for Engage to continue its product development and to expand its operations from Thailand into Cambodia. This growth capital injection will contribute to Engage’s product development, add value to its core business, and assist its regional expansion by drawing on Leopard’s local experience and networks. More…

Asia alts managers voice regulatory concerns 0

 Thomas Hugger is COO of Leopard Capital

Thomas Hugger is COO of Leopard Capital

Reposted from Asian Investor
By Georgina Lee

Private equity and fund-of-hedge-fund managers in Asia point to growing fundraising difficulties outside the region amid a regulatory clampdown.

The alternative investment fund managers directive (AIFMD) comes into force in Europe as early as this June – reform that will reshape the way alt funds are marketed in the EU. No matter where they are domiciled, all non-Ucits funds are covered under the directive. More…

Once War-torn and Wayward, Sri Lanka Now Lauded as Asia’s Next Success Story 0

Since the civil war ended in 2009, Sri Lanka has emerged as one of Asia's fastest growing economies

Since the civil war ended in 2009, Sri Lanka has emerged as one of Asia’s fastest growing economies

By John Enos

Since Sri Lanka’s 26-year civil war against the Tamil Tigers came to an end in 2009, the South Asian nation of 20 million has experienced impressive growth due to a rise in tourism and its strategic position along one of the busiest international shipping lanes in the world. The US $64 billion economy is propelled by tourism, remittances, tea, textiles, and agriculture. Sri Lanka’s GDP, which grew at 8% in 2010 and 8.3% in 2011, slowed down to 6.5% in 2012 due to the country’s balance of payments predicament and the sluggish performance of the global economy. However, 7.5% growth is projected in 2013 and last year’s contraction will be ameliorated as tourist arrivals surge, large-scale infrastructure and port projects near completion, and Western demand for Sri Lanka’s exports strengthens. Matching the country’s solid GDP growth are its improvements in corporate governance. Sri Lanka was ranked as the second most improved country in the world in ease of doing business in the World Bank’s Doing Business 2013 report, the first time in seven years that a South Asian economy gained such an accolade.

This article is an excerpt from Leopard Asia Frontier Fund’s upcoming January 2013 newsletter. You can subscribe to the newsletter here. More…

IPO’s, Liquidity, Bonds and Banking in Mongolia 0

Capitalist Exploits
Reposted from Capitalist Exploits
By Mark Wallace

Given our bullishness on Mongolia and our trusted relationship with Eric Zurrin from Rescap Securities, we wanted to reach out and get Eric’s current thoughts on the Mongolian equity market, liquidity, banking and upcoming deal flow.

Pertinent to this post was something that happened after our interview with Eric. Mongolia’s central bank cut interest rates for the first time since 2009 after determining that the outlook for inflation is benign and to support growth. The Bank of Mongolia reduced it’s policy rate to 12.5% from the previous 13.25%.

This should be bullish for Mongolian equities, and lends support to our bullish call from earlier in the month.
So, enjoy the interview; as usual Eric didn’t disappoint. More…

How to Invest in Frontier Markets 0

Weekend Links

Weekend Links

Interview Conducted by Capitalist Exploits

Investing in frontier markets is a challenge due to lack of liquidity and significant set-up times. One way to circumvent these problems is to Invest in other people’s expertise through a managed fund.

We work hard to associate ourselves with smart individuals where we can reciprocate value. This not only gives us opportunities to put capital to work, but provides us the ability to grow a powerful network filled with influential people. More…

Bypassing Pakistan’s Woes, Karachi’s Bourse Booms 0

Despite Pakistan's ongoing challenges, the Karachi Stock Exchange was one of the world's best performing bourses in 2012

Despite Pakistan’s ongoing challenges, the Karachi Stock Exchange was one of the world’s best performing bourses in 2012

By John Enos

When Pakistan receives international media coverage, it is usually not pretty. The world’s sixth most populous country has remained in the headlines due to its shaky security situation, including bomb attacks and an ongoing Taliban insurgency near the border with Afghanistan. This year’s upcoming elections will cast a spotlight on the tense political environment that has become synonymous with instability and corruption. On the economic front, falling foreign reserves and the downward sliding Pakistani rupee may potentially require an IMF bailout. But despite the political and economic uncertainty, the Karachi Stock Exchange (KSE) performed exceptionally well in 2012, exceeding all expectations and proving that even in a notoriously turbulent emerging market such as Pakistan, there are many attractive stocks and gains to be had for astute investors.

This article is an excerpt from Leopard Asia Frontier Fund’s upcoming December 2012 newsletter. You can subscribe to the newsletter here. More…

Pearl of Wisdom 0

HaitiReposted from The Caribbean Property Investor
By Douglas Clayton, CEO of Leopard Capital

As billions of dollars of foreign assistance pour into the “Pearl of the Antilles” driving economic growth, the CEO and Founder of pioneering private equity firm Leopard Capital explains why he believes Haiti is poised for growth and mutually beneficial investment opportunities abound. More…

Looking for Opportunity Where Few Others Invest 0

“You just need to do your research, build good local teams and make the right deals” - Doug Clayton

“You just need to do your research, build good local teams and make the right deals” – Doug Clayton

Reposted from The New York Times

PHNOM PENH, Cambodia — Investors started poking around for deals here five years ago, as the war-torn country began to move past its legacy of genocide and coups. When the global financial crisis struck, Cambodia’s fast-growing economy crashed and the dollars flowing from abroad evaporated. More…