Zephyr’s Emerald Sri Lanka Fund Exits Panasian Power & JAT Holdings

Source(s): Zephyr Management

The Emerald Sri Lanka Fund, a vehicle launched by Zephyr Management in partnership with NDB Bank, exited Sri Lanka-based renewable energy solution provider Panasian Power via a secondary sale to a local conglomerate, and Sri Lanka-based water-based wood coatings company JAT Holdings via an IPO on the Colombo Stock Exchange. Read more