KATHMANDU, SEPTEMBER 1

LS Capital Limited has announced the successful closure of its first private equity fund, the Laxmi Sustainable Energy Fund (LSEF), with a total size of Rs 1 billion.

Sponsored by Laxmi Sunrise Bank Limited and managed by LS Capital, the fund represents a significant step forward in Nepal's sustainable investment landscape, according to the press release issued by the company.

The fund manager reaffirmed its commitment to high standards of diligence, transparency, and professionalism in investment management. In line with this, LS Capital has also become a signatory to the Operating Principles for Impact Management, underscoring its dedication to responsible investing.