"It was an honor to be AIC Caribbean Fund's first investee company in the Dominican Republic. As investors, they understand the pragmatic realities of the infrastructure construction business through different business cycles and were very responsive to the needs of Moya. We look forward to partnering again with ACF in the near future."
Portland Private Equity announces first investment of Portland Caribbean Fund II
Barbados
January 10, 2015
Portland Private Equity, a leading private equity fund management company, is pleased to announce the completion of Portland Caribbean Fund II’s first investment, a transaction which will provide the fund with continued exposure to the growth of the Latin American and Caribbean telecom sector. Building on the recent $3.1B acquisition by Cable & Wireless of Columbus International, a company co-founded by Portland, the Portland team has continued to support the evolution of the regional telecom industry through this investment.
Contact:
For more information visit www.portlandpe.com or contact Douglas Hewson at dhewson@portlandpe.com.
About Portland Private Equity:
Based in Barbados, Portland Private Equity is a private equity fund management company currently focused on opportunities in the Caribbean region through its management of the AIC Caribbean Fund (ACF). Building on Portland’s track record of successful investments throughout the Caribbean region, ACF is a ~$230M fund focused on medium-sized businesses. Companies in Portland’s portfolio do business in over 20 countries throughout the Caribbean, Central America, and Latin America.