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Our Team

Investment Team

Douglas Clayton

Douglas Clayton

Managing Partner

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oversees Leopard Capital’s investment activities and business expansion in pre-emerging economies. With 26 years of experience in frontier markets, Douglas is a commentator of the asset class at investment conferences, on financial television programs, and in print media publications. Prior to founding Leopard Capital in 2007 Douglas held senior executive positions at multi-national equities firms such as CLSA and Indosuez WI Carr, gaining frontline experience building and managing teams across Asia and Latin America. In 1999 Douglas founded Abacus Equity Partners which sourced and arranged two 10x private equity investments in two years. He is a Trustee of the Center for Khmer Studies and formerly served as Technical Advisor to the Director-General of Cambodia’s Securities & Exchange Commission. Douglas holds an MM from Thailand’s Chulalongkorn University and a BA in History from Cornell University.

Lawrence Mackhoul

Lawrence Mackhoul

Managing Partner

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has over 12 years of investment experience in emerging and developed markets. He joined Leopard Capital in 2009 as part of the Leopard Cambodia investment team. Lawrence later transitioned to the Leopard Capital Global team in order to spearhead the groups expansion into Latin America and the Caribbean. In 2012 Lawrence led the successful launch of the first private equity fund for Haiti, the Leopard Haiti Fund. Before joining Leopard Capital he managed a real estate investment portfolio which achieved a 26% IRR over a 6 year period. He commenced his professional career at the CNN headquarters in Atlanta and later gained experience in the hotel industry while working with Marriott International. He holds an MIM from Sorbonne Université an MBA from Georgia State University and certificate from COPPEAD (University of Rio De Janeiro).

Thierry Bungener

Thierry Bungener

Managing Partner

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a Swiss national, has worked in Haiti for over half of his 30 year previous career as a banker and consultant. Thierry opened and headed Citibank’s Haiti branch, then was founding Managing Director of SOFIHDES, Haiti’s leading development institution that funds hundreds of SMEs. As an independent consultant he advised AECOM/IFC on creating Special Economic Zones in Haiti, and headed I-TRADE, a USAID-funded project to improve Haiti’s investment environment. In addition to serving other international management roles at Citibank, Thierry was a Senior Banker in the European Bank for Reconstruction and Development (EBRD)’s Financial Institutions Group in London. Thierry holds a MBA from Harvard Business School and a BA from EM Lyon. He is fluent in French and English, and proficient in Haitian Creole, Spanish and German.

Kenneth Stevens

Kenneth Stevens

Managing Partner

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joined Leopard Capital in 2007 and has over 23 years of operational and investment experience in Southeast Asia. After serving as head of research and an investment banker at CLSA Securities in Thailand, he spent ten years managing proprietary private equity investments in Thailand and Vietnam serving as CFO, managing director and serving on their Board. Mr. Stevens' specific operational experience includes financial management; property construction and management; project design; and service businesses such as hospitality, leisure and recreation. He holds a Masters Degree in International Management from Thunderbird and a BA from Cornell University, and is a CFA charter holder.

Mohamed Ahamed

Mohamed A. Ahamed

Global Head of Marketing, Communications & Investor Relations

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has over 15 years of investment experience, having worked in Portfolio Management and Wealth Management in the UK, Switzerland and in South Asia. Mohamed is also Leopard’s Head of Investor Relations and spearheads our global marketing, fund raising & relationship management activities in addition to leading our secondary trading activities for our existing PE funds as well. He holds a BSc (Hons) Degree in Economics & Political Science from Washington University and a MSc (Hons) in Financial Economics & Wealth Management from the University of Pennsylvania: Wharton and is a past finalist of the Chartered Institute of Marketing and is a CFA charter holder.

Even Roe

Evan Roe

Investment Analyst

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was previously a research analyst at AMGlobal, a Corporate Social Responsibility consulting firm based in Washington, DC, where he worked on projects involving partnerships with and between the private sector, large donors, and smaller NGOs in Africa and South Asia. Evan holds a BA in International Relations from Pomona College, and is fluent in English, Chinese, French, and Thai.

Sebastien Mortimer

Florian Alvarez

investment Analyst

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is Leopard Capital Haiti’s investment Analyst. He has worked on many aspects of business development in Haiti and, in particular, the elaboration and implementation of business plans for 30 SME’s where he assisted entrepreneurs in structuring their businesses.
He participated in statistical studies by collecting data and going on the field to do surveys, helped to conduct focus groups and ensure interviews with executives of various organizations. He also conducted market studies to identify economic opportunities and determine risks. He is also involved in youth led social initiatives in Haiti and is a One Young World ambassador.
Mr. Alvarez has a Bachelor of Business Management fromHaiti’s Ecole Nationale Supérieure de Technologie; he furthered his studies with a specialization in Business and Financial Modeling at The Wharton School (University of Pennsylvania) and obtained Private Equity and Venture Capital certificate from Bocconi University.

 

Operations Team

Thou Sen Chann

Thou Sen Chann

Financial Controller

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was previously Financial Controller for Royal Angkor Resorts, Sunway City, and Allson Angkor Paradise Hotels in Phnom Penh, and Siem Riep. He earlier served as a Caltex Station manager, and Account Officer with Medtecs Cambodia. Thou holds Bachelor degrees in accounting and management from Royal University of Law and Economics.

Wathana Cheng

Wathana Cheng

IT Specialist

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was previously employed as the head IT Officer at BBC World Service Trust in Cambodia, after serving as an IT Consultant at B.N.G law firm and IT Assistant Manager with Medtecs Cambodia Co., Ltd. He holds a Bachelors degree in Management Information System from National Institute of Management and is currently pursuing his Masters of Science in Information Technology at Norton University.

Cassandre Valbrun

Cassandre Valbrun

Office Manager

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has more than ten years of experience in Management. Before joining Leopard, Ms.Valbrun oversaw the day-to-day business activities of several Haitian companies operating in the automobile dealership warranty and marketing industries. Ms. Valbrun currently overseas accounting and human resources activities for Leopard Capital’s Haiti office. She studied Business Management in Haiti, and speaks Creole, French and English."

Try Lyda

Try Lyda

Finance Assistant

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was Assistant Cost Controller at NagaWorld Casino for four years. He is trained to analyze and trade global currencies during his time with Financial Global. He holds a bachelor degree in informatics Economics from the Royal University of Law and Economics and is now pursuing his MBF at the Royal University of Law and Economics (RULE).

 

Advisors

Benny Widyono

Dr. Benny Widyono

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served as a United Nations diplomat in Cambodia, Thailand, Chile, and New York. He was a peacekeeper in Cambodia with UNTAC from 1992 to 1993, then returned to Cambodia as the UN Secretary-General's Representative in Cambodia from 1994-1997. His recently published book, Dancing in Shadows: Sihanouk, the Khmer Rouge, and the United Nations in Cambodia, was written while Dr. Widyono was a visiting scholar at Cornell University, 2004-07. Dr. Widyono holds a PhD in Economics and is currently professor of economics at the University of Connecticut.

 

Investment Committee - Leopard Haiti Fund

Patrice Backer

Patrice Backer

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(Haitian-American) is partner and chief operating officer of a Senegal based private equity group. He was previously Managing Director of Promocapital, an investment partnership established for investing in Haiti. He was also a Vice President with BCR. Patrice started his financial career as an Associate at J.P. Morgan where he later became Vice President in the Emerging Markets Sales & Trading division. Patrice holds a Bachelor’s degree from Harvard University and an MBA (the Wharton School) and MA in International Studies(the Lauder Institute), both from the University of Pennsylvania.

Douglas Clayton

Douglas Clayton

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has over 26 years experience in emerging markets investments. In 1999 he founded Abacus Equity Partners which arranged and participated in several of Thailand’s most successful private equity investments. As Chief Investment Officer of Knight Asia Group, he helped manage Knight Pacific Fund. He also served as a senior executive at prominent securities firms such as CLSA. Douglas holds an MM from Thailand’s Chulalongkorn University and a BA (History) from Cornell University.

Thierry Bungener

Thierry Bungener

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a Swiss national, has worked in Haiti for over half of his 30 year previous career as a banker and consultant. Thierry opened and headed Citibank’s Haiti branch, then was founding Managing Director of SOFIHDES, Haiti’s leading development institution that funds hundreds of SMEs. As an independent consultant he advised AECOM/IFC on creating Special Economic Zones in Haiti, and headed I-TRADE, a USAID-funded project to improve Haiti’s investment environment. In addition to serving other international management roles at Citibank, Thierry was a Senior Banker in the European Bank for Reconstruction and Development (EBRD)’s Financial Institutions Group in London. Thierry holds a MBA from Harvard Business School and a BA from EM Lyon. He is fluent in French and English, and proficient in Haitian Creole, Spanish and German.

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