It has also invited potential investors to attend the inaugural Leopard Sri Lanka Investment Forum 2009 during November 20-21 in Colombo.

"After several decades of civil war, peace has finally returned to Sri Lanka, and a new investment cycle and growth upswing has begun," Leopard Capital said.

Tamil Tiger separatist rebels were defeated by government forces in May, ending a conflict that had retarded economic growth.

The war's end has generated anticipation of an economic revival that has already drawn foreign funds into the island's equities and bond markets.

"Leopard Sri Lanka Fund will provide expansion capital and strategic guidance to mid-market Sri Lankan companies, and also help some expand their businesses into other frontier economies," the newsletter said.

Leopard Sri Lanka will be led by Colombo-based Nirosh De Silva and Ramanan Govindasamy.

According to the firm's website, Leopard Capital is a private equity fund management group specializing in Asia's frontier markets.

"By providing early stage access into overlooked transitional economies, Leopard Capital seeks to generate outsized, uncorrelated returns," the website said.

In April 2008 the firm launched Cambodia’s Leopard Cambodia Fund LP, which has attracted 28.65 million dollars from international investors.