"The team at Portland Private Equity understands the property and casualty insurance business and the nuances of business building in Jamaica. They have proven to be deeply knowledgable and well connected investors and I view them as valuable mentors and constructive contributors on the board of directors."
Portland Private Equity announces sixth investment of AIC Caribbean Fund
St. Michael, Barbados
November 30, 2012
St. Michael, Barbados, November, 2012 - Portland Private Equity, a leading private equity fund management company, is pleased to announce the completion of the AIC Caribbean Fund’s sixth investment, a transaction with World Foods Global, the Caribbean subsidiary of World Foods Processing. World Foods Processing is the most comprehensive Non-GMO and Organic soybean supply company in the world, providing Identity Preserved (IP) ingredients through its PURIS system to global markets and world leading food companies.
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.