Lombard Investments, a buyout firm based in Bangkok, has purchased a stake in Thai retail operator Robinson Department Store Public Company Limited.
Lombard Investments, Inc. (“Lombard”) is pleased to announce the purchase by Lombard Asia III of 48 million shares of Robinson Department Store Public Company Limited (“Robinson”), a leading Thai retail operator, from certain entities managed by Farallon Capital Management, L.L.C. (“Farallon”).
A spokesperson for Farallon said, “We are excited to bring in Lombard as a fellow investor in Robinson because of its long track record investing in Thailand and its focus on working with management to create shareholder value.”
Pote Videt, Managing Director of Lombard, said, “We are delighted to become an investor in Robinson alongside Farallon, and look forward to working with the company to support its execution of an exciting multi-year growth plan.”
Lombard is a leading international private equity investment manager with offices in Bangkok, Hong Kong and San Francisco, and extensive working relationships in Manila, Ho Chi Minh City and Taipei. Formed in 1985, Lombard has made more than 80 controlling and significant minority investments in Asia and North America. The firm’s investors include some of the world’s largest and most respected financial institutions, major pension funds and corporations, as well as family investment offices in Asia, North America and Europe. Lombard made its investment in Robinson through Lombard Asia III, the firm’s South East Asia and Greater China private equity fund. (www.lombardinvestments.com)
Farallon Capital Management, L.L.C. was founded in March 1986 by Thomas F. Steyer. The firm manages equity capital for institutions and high net worth individuals.
More information is available by visiting www.faralloncapital.com