Posted on Rinnoo.net
KGL Investment Company (KGLI) announced the successful exit of The Port Fund investments doubling its Fund’s capital from $188 million to $380 million and generating an annual return of %10 over 10 years. The Fund is a private equity fund focused on port and related logistics opportunities in emerging markets. The Fund has consistently outperformed its industry peers despite unpredictable and uncertain market conditions, including the financial crisis in 2008 and the Arab spring in 2011, when the majority of private equity funds experienced substantial losses or at best devaluation. Due to the outstanding performance, the Fund’s returns have been ranked, with its management, amongst the top performing Funds worldwide.
Commenting on the Fund successful Exit, Ms. Marsha Lazareva, The Port Fund Director, and Vice Chairman and CEO of KGL Investment Company, said: “We are immensely proud of the extraordinary effort of our team of dedicated investment professionals for achieving such superior returns for our investors”.