"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."
Clarien Bank Group announces investment by Edmund Gibbons Limited and Portland Private Equity
Bermuda
April 18, 2016
Clarien Group Limited, owner of Clarien Bank Limited, announced today that its current sole shareholder, Edmund Gibbons Limited along with a new investor, Portland Private Equity is to invest a further $12.6 million into the Bank. For more, please see: https://clarienbank.com/clarien-group-announces-investment-by-edmund-gibbons-limited-and-portland-private-equity.
Contact:
For more information visit www.portlandpe.com or contact Douglas Hewson at dhewson@portlandpe.com.
About Portland Private Equity:
Portland Private Equity is a private equity fund management company currently focused on private equity growth opportunities in the broader Caribbean region through its management of the AIC Caribbean Fund and its successor, Portland Caribbean Fund II.