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- Private Equity Fund:
CMA manages portfolios and sources financing for growth as well
as start up companies through investment in the equity capital
and development of new projects, particularly in the Natural Resources,
Telecom Media & Technology (TMT) and Agribusiness. Its current
portfolio is around US$ 200 million.
- Distressed Debt Fund (DDF):
CMA manages & advises a Distressed Debt Fund, the primary
investment focus being on undervalued debts held by major financial
institutions all over the world. Presently DDF’s primary
focus of investment is South East Asian Distressed debts, particularly
those of Indonesia, with current investment of US$ 300 million
in nominal value and is expected to grow over period in line with
the market conditions.
Currently, the debts of several viable companies with reputable
management groups, are available for a song. The reasons for this
scenario are manifold such as country risk, political uncertainty,
volatile exchange rates, insufficient demand caused by the shrinking
employment and uncertainty in the minds of the consumers. But
obviously, this scenario is sure to be short lived; this provides
a very good opportunity for trading in these debts and making
handsome profits and in some cases also acquiring control of companies
by converting debt into equity.
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