Fund III - Clove Route Fund

Frontline Strategy launched its third fund, Clove Route Fund (CRF) in 2010. CRF’s investment strategy is to identify opportunities in growth capital, consolidation and special situations in sectors such as industrials, resources, healthcare, consumer, agricultural derivatives and technology.

CRF seeks to add value by lowering costs, enhancing supply chains by reaching new resource bases, and growing revenues and market access through cross border transactions, particularly in the India-Indonesia corridor, also called the ‘Clove Route’.

Each investment is likely to be in the range of USD 10-15 million spread over the lifecycle of the investment.