Investor Type | Firm |
Type of Fund | Private Equity Fund |
Industries | Other |
Stages | Expansion |
Investing | Sri Lanka |
Emerald Sri Lanka Fund, LLC is a private equity fund focused on fostering sustainable enterprises in Sri Lanka. They specialize in expansion capital, providing equity investment to support growing companies within various industries. With headquarters located at 97 Dharmapala Mawatha, Colombo, 7, Sri Lanka, their expertise lies in identifying and nurturing businesses that show potential for significant growth and market impact. Emerald Sri Lanka Fund operates with the strategic vision of contributing to the economic development of Sri Lanka by investing in local companies and helping them expand their operations and market reach. The portfolio of Emerald Sri Lanka Fund includes a diverse range of businesses, from digital solutions providers like Arimac, which offers services in mobile and enterprise solutions, artificial intelligence, and game development, to renewable energy suppliers such as Panasian Power, which focuses on clean energy generation and infrastructure services. They also have experience in the agricultural exports market, illustrated by their investment in Consolidated Business Systems Limited, a leading exporter of tea and coconut products from Sri Lanka. Within the construction and architectural materials sector, their investment in Idea Group Limited highlights Emerald Sri Lanka Fund's commitment to supporting companies that supply essential products for the nation's infrastructure development. Another notable investment was in JAT Holdings, which provides water-based wood coatings and other related products. Additionally, recognizing the importance of the burgeoning tourism industry, they invested in Cleanline Linen Management, which offers laundry services to the hospitality industry, promoting operational efficiency and environmental sustainability. Emerald Sri Lanka Fund has also demonstrated strategic exit capabilities, as seen in their divestments from companies like Panasian Power and JAT Holdings, the latter through an IPO on the Colombo Stock Exchange, thus signaling a successful full-cycle investment approach.