[PHNOM PENH POST]
Vietnam-based Dragon Capital is raising up to US$100 million for a new
Indochina fund, some of which the private equity firm would invest in
Cambodian agriculture and infra-structure, Dragon’s chief information
officer Bill Stoops said yesterday.
While the majority of the
fund will be invested in Vietnamese companies, Stoops said there was
considerable opportunity in Cambodia. “We believe there are a lot of
big-ticket projects in Cambodia right now,” he said by phone, although
he declined to name the projects.
The firm will also look at
some investments in manu-facturing, Stoops said. Dragon Capital has a 20
per cent stake in Prassac, Cambodia’s largest microfinance institution
by outstanding loans. The firm managed $1.2 billion in 2010, according
to its website.
No comments:
Post a Comment