"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 Caribbean Fund II completes sixth investment: Diverze Assets Inc.
Jamaica
June 1, 2017
Highlights
-
Capitalizing
- leading regional tour operator with significant growth potential
- dominant automotive and industrial battery supplier with expansion opportunities
- Diversified portfolio across sectors and region
Portland Private Equity, a leading private equity fund management company, is pleased to announce the completion of Portland Caribbean Fund II’s sixth investment, an equity participation in Diverze Assets Inc., a Jamaican owned family conglomerate that is a leading operator of regional tourism attractions (Chukka), a leading supplier of automotive and industrial batteries (Tropical), and a commercial property developer.
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 Caribbean, Central America, and Colombia through its management of the AIC Caribbean Fund and its successor, Portland Caribbean Fund II.