"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."
AIC Caribbean Fund
Portland Private Equity launched and manages the AIC Caribbean Fund (“ACF”), a $225M institutionally supported investment vehicle focused on compelling business opportunities across sectors in the Caribbean. The investment cycle of ACF is complete and Portland is focused on increasing the value of the remaining portfolio companies and providing liquidity to the fund’s investors. The fund has helped establish marquis companies in the region in areas like telecommunications, energy, renewable energy, and financial services. Its performance has been excellent and it has consistently met its target metrics with respect to distributions and total value.