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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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