Asian Tiger Capital Partners (‘AT Capital’) will launch two funds aimed at overseas investors looking to gain exposure to the substantial return opportunities in Bangladesh. The AT Capital Bangladesh Strategic Opportunities Fund will invest in non-publicly listed companies and the AT Capital Market Opportunities Fund will invest in equities listed on the Dhaka and Chittagong Stock Exchanges. AT Capital will launch Bangladesh Infrastructure and Real Estate funds. In addition, dedicated mutual fund products will be developed to allow Non-Resident Bangladeshi retail investors to gain exposure to Private Equity, Stockmarket, Infrastructure and Real Estate Investments in Bangladesh. Asian Tiger Strategic Opportunities Fund - Private Equity/Venture Capital The objective will be to make $ 0.5mn-$ 10mn investments in non-listed companies where the fund will aim to establish a controlling stake where possible, either by itself or in syndicate with other private equity investors. Investments will be made in businesses where there are opportunities for significant growth with strong management teams and reputable corporates. The exit strategy via an IPO or disposal will be based on a 3-5 year investment horizon. The Fund will also invest $0.3mn-$1.0mn in startup companies in strategically compelling sectors where the investment horizon will be 5-7 years. Asian Tiger Market Opportunities Fund - Stockmarket AT Capital will make investments in the Dhaka Stock Exchange. The market capitalization of the stock exchange currently stands at $11.3bn, representing approximately 18% of 2006 GDP. In 2007 the stock exchange experienced growth of 87%, making it amongst the top performing stock markets globally. The stock market is expected to increase in size in 2008 by over $5bn with key Telecoms companies and State Owned companies expected to enter the market. AT Capital believe there are opportunities to make significant returns from trading on the secondary market and from IPOs. AT Capital will follow a systematic investment strategy using both a top down and bottom up investment strategy, as well as investing opportunistically where significant returns can be made. |