AFTER reopening its investment fund last month, Leopard Capital announced in its August newsletter total capital had now reached US$28.55 million. The fund will close again at the end of September, it added. At the end of April, Leopard closed the fund after announcing it had raised $27 million, considerably less than its initial $100 million target that Managing Partner Douglas Clayton said had been revised downwards after the onset of the economic crisis. Clayton said in April he expected Cambodia's economy to rebound in a few years.
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