SMG Launches Myanmar Fund
November 8, 2013
Myanmar is a country of great potentials: strategic access to 50% of the world population, abundant natural resources, and a large and young population. Substantial political and economic reforms are underway. SMC and SPA, Myanmar’s most reputable conglomerate, set up a 50%/50% Joint-Venture Myanmar Opportunities GP Ltd in 2013 to carry out private equity activities in the country. SPA employs over 5,500 people in Myanmar and engages in real estate, banking, automobile, hospitality and tourism, health care, manufacturing, and agricultural businesses.
Our fund is a US$50-100 million fund. Due to our GP’s strong local presence, we have made two investments already shortly after formation and have sourced a quality pipeline of deals. We focus on acquiring meaningful minority stakes in established Myanmar companies with proven profitability and high growth potentials. Our GP is also a partner of choice for multinational corporations looking to enter Myanmar.
