Investment Starategy

Leopard Cambodia’s investment strategy and guidelines

The investment strategy focuses on venture, expansion, and buy-out opportunities primarily in the Cambodian mid-market, as well as selective real estate opportunities. Targeted sectors include financial services, retailing, construction materials, agribusiness, tourism, and property development.

Our investment style is particularly hands-on, as some of our investments will be in an early stage. We will work closely with the investee companies management teams on strategic and operational issues spanning product/ market development, executive recruitment, fund-raising, and financial control.

Investment objectives:

  • To achive medium and long-term capital appreciation, and to generate recurring income from dividends and other sources
  • To invest primarily in Cambodia-focused businesses and real estate

Investment parameters:

  • May make controlling or minority investments
  • May invest in companies and assets at all stages
  • May invest through various financial instruments

Investment strategy:

  • Select approximately ten investments averaging $10m each
  • Build exposure to many key sectors of Cambodia’s future economy, e.g. financial services, infrastructure, agribusiness, tourism, health care, natural resources, and property development.
  • Focus on business opportunities that proved successful in other Southeast Asian economies when at Cambodia’s development stage.
  • Co-invest with major international and/ or local business groups when appropriate
  • Prioritize investments backed by fixed assets.
  • Assist investees with management recruitment, business strategy, cross-border introductions, fund raising, corporate governance, and investor relations.
  • Exit through listing on Cambodia’s upcoming stock exchange or on other Asian exchanges, and/ or private sales to strategic investors, co-investors, and other funds.