Source: Eurasia Capital                      Date: 09 June, 2011

Eurasia Capital has formed a partnership with Doran Capital Partners, a Seoul-headquartered diversified private equity and real estate investment management firm. The two intend to join their efforts in attracting Korean institutional investors to Mongolia. Their integrated team will offer advisory services to leading Korean corporations and institutional investors looking at the diverse range of investment and project opportunities in Mongolia.

The partners are launching Korea Mongolia Resources Fund, a new private equity fund, targeting to raise USD100 million in Korea. An Ulaanbaatar- and Seoul-based investment management team will manage the fund, and Eurasia Capital will be acting as placement agent for it.

“We are delighted to partner with Doran Capital Partners to attract leading Korean corporates and investors into Mongolia" said Mr. Alisher Ali, Chairman of Eurasia Capital and Managing Partner of Silk Road Management.  "Eurasia Capital has been a pioneer in the development of the Mongolian private equity investment market. Eurasia's success in bringing foreign investors to Mongolia and its achievements in acting as a bridge between Mongolian companies and international capital markets have been impressive" stated Mr. Pietro A. Doran, Chairman and Principal Partner of Doran Capital Partners.