Portland Private Equity announces sixth investment of AIC Caribbean Fund
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 […]
Portland Private Equity announces fifth investment of AIC Caribbean Fund
St. Michael, Barbados, August 2011 – Portland Private Equity, a leading private equity fund management company, is pleased to announce the completion of the AIC Caribbean Fund’s fifth investment, an equity investment into InterEnergy Holdings Inc. (“IEH”). IEH owns and operates power generation and distribution assets in Latin America and the Caribbean. IEH is one […]
“Impact Investment” in the Caribbean A Special Event Featuring Michael Lee-Chin and the Rockefeller Foundation at the “International Forum on Caribbean Investment and Development”
Caribbean Central American Action (CCAA) is pleased to announce that special focus will be put on the potential for Impact Investment in the Caribbean on June 9, 2011, during the “International Forum on Caribbean Investment and Development,” (IFCID). The IFCID, co-hosted by CCAA and the Inter-American Development Bank (IDB), will take place at the Enrique V. […]
Charles Clermont, trusted partner of Portland Private Equity, discusses SME investments in Haiti
Potential foreign investors urged to look beyond humanitarian assistance Leading executives from telecommunications, air transportation, beverage, garment, water, and finance companies showcased groundbreaking projects aimed at generating jobs and improving basic services in Haiti. At a roundtable discussion held on Thursday evening by the Canadian Foundation for the Americas (FOCAL) and the Inter-American Development Bank […]
Portland Private Equity featured in Acquisition International Magazine’s “Route to Recovery” article
With the effects of the economic slowdown likely to linger in North America and Europe and remain a painful memory for a long time, the so-called emerging markets around the world are making headlines with economic recovery, stronger consumer demand and large-scale investments. For international companies it is no longer a question of if to invest, but rather in which […]
Michael Lee-Chin recognized as one of the top 10 most influential African Americans by Black Enterprise magazine
When Black Enterprise published its first issue four decades ago, the era was marked by promise but not prosperity. The economic evolution of the African American business class had not yet begun. A year earlier, President Richard Nixon had signed Executive Order 11458, directing the Commerce Department to coordinate the federal government’s programs “which affect […]
AIC International Investments L.P. announces name change and unveiling of new corporate identity
AIC International Investments L.P., the general partner of AIC Caribbean Fund, today announced its name change to Portland Private Equity L.P. and unveiled its new corporate identity along with the launch of the company’s new website www.portlandpe.com. The launch is effective immediately. “With my recent divestiture of AIC Limited, it was time to change the name […]
Portland Private Equity announces fourth investment of AIC Caribbean Fund
Portland Private Equity, a leading private equity fund management company, is pleased to announce the completion of the AIC Caribbean Fund’s fourth investment, a transaction with the Dominican Republic’s premier property developer, Group Metro, in relation to its affordable luxury condominium development Las Olas.
Portland Private Equity announces final close of AIC Caribbean Fund
Portland Private Equity, a leading private equity fund management company, today announced the successful final close of its AIC Caribbean Fund (ACF) with $230M in total capital commitments. ACF is targeting investments of between $10-40M in businesses in the Caribbean region. Its investors are a wide-ranging institutional mix of pension sponsors, fund-of-funds, multilateral and bilateral […]
Portland Private Equity announces chairman joins board of leading development institution
Portland Private Equity, a leading private equity fund management company, today announced that its Chairman, Mr. Michael Lee-Chin, has recently joinedthe board of the Trust for the Americas (the “Trust”), a development institution affiliated with the Organization of American States (“OAS”)(www.trustfortheamericas.org and www.oas.org). The Trust focuses on capacity building programs, both for individuals and organizations.Its programs help […]