MADRID-- September 01, 2023 -- The Jiaravanon Family, one of Asia’s wealthiest families who controls Charoen Pokphand Group (“CP Group”), Asia’s largest diversified holding company with over $82 billion in revenue and LDA Capital (“LDA”), a global alternative investment group with expertise in structured equity, debt and digital asset investing with 50+ current portfolio companies, announced a joint venture through the creation of CPFam-LDA Asia Growth Fund (“Fund”). The Fund will invest in globally listed and Pre-IPO high growth companies across the Southeast Asian middle market and is targeting USD 2 billion of capital commitments over the next 12- 18 months.

The Fund, a partnership between LDA and Charoen Energy and Water Asia Co., Ltd (“CEWA”) a CP Group Family affiliate, will combine LDA’s extensive track record of successful partnerships, business building, theme development, sourcing, investment and risk management with CP Group Family’s long standing regional relationships with successful business leaders and deep industry expertise.

CEWA and LDA will be leveraging their US, Europe and Southeast Asia experience and infrastructure to provide growth businesses with a truly global local value-add suite of resources, including exposure to new pools of international investors, access to licensing and offtake agreements, and commercial distribution partnerships; The Fund aims to level the playing field for middle market businesses looking to grow and compete on a global level.

Anthony Romano, LDA Co-Founder, said, “Our team has a 20-year track record providing flexible funding to global growth companies who traditionally have been under capitalized by regional banks and local investors. Partnering with CEWA and CP Group Family enhances LDAs ability to access business leaders across Southeast Asia and provide necessary innovative and flexible funding solutions to support growth. I am excited for the impact the Fund will have on the entrepreneurship community across the region as we aim to fill this funding gap across the middle market.”

“Our family has built companies on the principle of success being achieved through investing in your community and providing them with access to quality goods and services which continually improve their way of life. I believe the Fund is another excellent financing resource to support growth businesses and entrepreneurs across Thailand and Southeast Asia,” said Chatchaval Jiaravanon, Fund Director.