Leopard Cambodia Fund - Highlights
Kulara Water
Mineral Water / Agrifood | Cambodia
Early equity investor in the producer of Eau Kulen, now the #1 brand of bottled mineral water in Cambodia. Water is sourced from a deep aquifer at the base of Mount Kulen.
Status: Exited — profitable
Phnom Penh Water Supply Authority
Water Infrastructure | Cambodia
Equity investment via IPO in Cambodia's leading state-owned municipal water utility. First company to list its shares on the Cambodia Securities Exchange.
Status: Exited — profitable
EDL-Generation Plc.
Hydroelectric Power | Lao PDR
Equity investment via IPO of Lao state-owned hydropower generation company. The first listing on the Lao Securities Exchange.
Status: Exited — profitable
Greenside Holdings Ltd.
Rural Electrification | Cambodia
Structured debt investment in a privately-owned electricity transmission line bringing power to rural Cambodian communities..
Status: Exited — profitable
ACLEDA Bank Plc.
Banking | Cambodia
Equity investment in Cambodia's largest commercial bank
by assets, deposits, and branch network, with operations spanning Cambodia, Laos, and Myanmar.
Status: Active — realization ongoing
CamGSM / Cellcard
Telecoms | Cambodia
Structured debt investment in Cambodia’s longest-serving mobile network operator and the country’s only 100% locally owned operator.
Status: Exited — profitable
Kingdom Breweries
Brewing | Cambodia
Founding investor in Cambodia's first craft beer brewery. The business has operated continuously for 16 years, serving local customers and providing contract brewing.
Status: Exited via distribution of fund’s shares to LPs
Nautisco Seafood
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Seafood Processing | Cambodia
Early-stage equity investment in a business processing wild-caught shrimp for export markets. Failed after supply chain disruptions and other operational issues.
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Status: Business closed
IPR
Microfinance | Cambodia
Equity and debt investments in a microfinance institution providing access to finance for rice farmers and other rural customers.
Status: Exited — profitable
DFDL
Professional Services | Cambodia
Structured debt investment in a leading Cambodia-
headquartered professional services firm with
operations across Southeast Asia.
Status: Exited — profitable
Leopard Haiti Fund - Highlights
Plastech
Manufacturer | Haiti
Structured debt investment in Haiti's leading manufacturer of plastic bottles and other plastic products for local and exports markets.
NUTV Investments S.A.
Digital Media | Haiti
Early-stage equity investment in a digital terrestrial television network, distributing high quality entertainment content to households.
DLO Haiti, Inc.
Water | Haiti
Early-stage equity investment in a business providing clean, affordable drinking water to underserved low-income communities through decentralized kiosks.
Veerhouse Voda
Construction Systems | Haiti
Structured debt investment in a start-up manufacturing disaster-resilient construction systems using EPS and lightweight steel frames.
