Lr Global Bangladesh

LR Global Bangladesh Asset Management Company is an affiliate of LRG, a New York based investment holding company, operating in Bangladesh. It is the most experienced and only multinational Asset Management company in Bangladesh with a strong track record, and a dynamic team with strong local knowledge. LR Global Bangladesh obtained Asset Management license in late 2008. The company launched its first mutual fund in February 04, 2010. Total asset (including future mandates) managed by LR Global Bangladesh is USD 172 mn (USD 120 mn currently invested and USD 52 mn commitments). The Firm has a strong track record of investing in frontier markets for over 17 years, significantly more than any other asset managers in Bangladesh. Our extensive experience and proven track record of converting obstacles of the frontier market into opportunities, has allowed our onshore investors and issuers to have remarkable confidence in us and entrust us with the management of the Mutual Funds sponsored by 14 of the top financial institutions of the country.