"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 Final Close of Portland Caribbean Fund II
Barbados
September 1, 2016
Portland Private Equity completed the final close of its second institutional private equity fund, Portland Caribbean Fund II, L.P. The Fund secured over USD$200 million in commitments from a cross-section of development finance institutions, regional pension plans, and insurance businesses.
Portland Caribbean Fund II, L.P. is the successor vehicle to Portland’s inaugural institutional vehicle, AIC Caribbean Fund, L.P. The second fund will continue Portland’s opportunistic focus on financial services, telecommunications, energy and renewable energy, and platform service businesses.
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.