The Sri Lanka Fund will focus on two areas:

1.	Value based: undervalued processing industries in rubber, tea, coconut and other agriculture/commodity based businesses, and end product manufacturing (eg. industrial rubber products, refined oils)
2.	Growth based: The banking sector and insurance, which offers a direct call option on the resurgent economic growth in Sri Lanka.

Other sectors will be considered on an opportunistic basis, at no more than 25% of assets. The country's export textile industry and infrastructure projects are not a focus. Stakes in listed equities will also be purchased as part of the buyout process for target companies. The manager has been building a deal flow for the past four years, much of which has already progressed through initial due diligence. The manager has unique access to the country's assets with a network that spans government, the private sector, the banking industry, and the securities houses.

A direct equities fund will also be launched in partnership with a securities firm in 2010.

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