28 Aug 2009
Leopard Capital, a Cambodian private equity firm, has added two new team members to strengthen its operations as it continues to raise capital for its debut vehicle, Leopard Cambodia Fund.
Dat Duong, CFA, has joined the firm as an associate partner. Duong was formerly a Merrill Lynch investment banker in Hong Kong, where he worked closely with Leopard Capital CIO Scott Lewis, another Merrill alumnus. He replaces Matthew Magenheim who is returning to the US.
Mohamed Aslam has joined Leopard Capital as marketing manager. A native of Sri Lanka, Aslam earlier spent 13 years as a private banker for high net worth clients in Switzerland, and as a stockbroker in Sri Lanka.
The Leopard Cambodia Fund was launched in March 2008 and is targeting sectors in the financial services, agriculture, food and beverage production, building materials, tourism, and property development in the South-East Asian country.
The fund most recently acquired a majority stake in Kingdom Breweries for $2m.