LEOPARD HAITI FUND LP
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The Leopard Haiti Fund (LHF) is the first private equity fund focusing exclusively on Haiti since the January 2010 earthquake, which tragically took the lives of 230,000 people, injured 300,000 more and left over a million people homeless. LHF had its first closing in July 2012 at USD 20 million. LHF is managed by Leopard Capital, a fund management company with an exclusive focus on pre-emerging and/or post-disaster economies.
What is our funding objective?
While aid and donor contributions were pledged quickly, mobilizing commercial funding to grow the Haitian economy remained a challenge. FMO’s USD 8.5 million commitment ensured LHF would meet the minimum required fund size of USD 20 million and could immediately become an active investor in the Haitian market. LHF will provide Haitian small and medium enterprises (SME) with much-needed risk capital, focusing on the food processing, tourism, affordable housing and renewable energy sectors.
Why do we fund this investment?
The fund provides FMO with a unique opportunity to play a vital role in the reconstruction of low-income and disaster-stricken Haiti by providing much needed risk capital through an SME-fund with a locally-based investment team. Together with other investors, FMO will be an anchor investor as the appetite from other investors for a first closing was limited.
- Region
- Latin America & The Caribbean
- Country
- Haiti
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 7/12/2012
- Total FMO financing
- USD 8.50 MLN
- Funding
- MASSIF
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B