Lanka Ventures PLC (LVL) was incorporated in February 1992 as a venture capital company. The original shareholders of the Company included Asian Development Bank, John Keells Holdings, Forbes & Walker Limited and the DFCC Bank. The Company obtained a listing for its shares at the Colombo Stock Exchange in 1995.
Following the IPO in 1995 Hatton National Bank also became a major shareholder. As at 31 March 2009, DFCC Bank and Hatton National Bank were the major shareholders of the Company with shareholdings of 58% and 20% respectively. In January 2010, the two banks transferred their shareholdings to Acuity Partners (Private) Limited a joint venture company equally held by the two banks.
From inception LVL had been investing in a large number of sectors but in the recent past it had mainly focussed on investments in energy and healthcare sectors. In June 2006 LVL formed a fully owned subsidiary under the name LVL Energy Fund (Private) Limited (LEF) to channel its investments in the energy sector.
Our vision is to be the leader of the Venture Capital Industry in Sri Lanka and the preferred partner of innovative, committed and ambitious entrepreneurs seeking project related finance together with quality value added services.
Our mission is to actively seek and invest in sound business opportunities with rapid growth potential and assist the resulting enterprises with our value added services in order to realize long term capital appreciation through the most appropriate exit strategy.