Wednesday, July 15, 2009

Leopard Capital Weighs Investment Climate

By Ros Sothea, VOA Khmer
Original report from Phnom Penh
14 July 2009

[Editor’s note: Leopard Capital is the only company in Cambodia raising funds from foreign investors for multiple sectors. Since its inception in 2007, Leopard’s manager partner, Douglas Clayton, has met with more than 500 wealthy investors from around the globe, though most have proved hesitant to invest in Cambodia. Clayton recently sat with VOA Khmer for an interview in Phnom Penh.]
Q. When you first began here two years ago, you expected to raise $100 million. How far have you come in that plan?
A. Well, two years ago when we started this fund, the world economy was much stronger. So we were more optimistic, but things changed, [and] we’ve raised $27 million. We are going to invest in around 10 businesses here. We have some 80 or 90 investors in our fund. So we have managed to persuade some of them to send their money to Cambodia.

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