CAL Investment Banking – Market Leadership & Expertise

CAL’s Investment Banking arm is a leader in Sri Lanka, specializing in capital raising and M&A. With expertise in IPOs, Listed Debentures, and complex transactions, we offer tailored solutions and a strong investor network. Our client-focused approach and global partnerships deliver exceptional value across diverse industries.

Market Leadership

CAL’s investment banking arm has established a position of market leadership across Initial Public Offerings and Listed Debentures, backed by a deep understanding of debt and equity capital markets, corporate finance expertise, and a strong investor network.

Mergers and Acquisitions

We are also a leader in Mergers and Acquisitions in Sri Lanka, known for best-in-class valuation and advisory services, successfully managing complex and cross-border transactions.

Focus on Family Businesses

Our investment banking verticals are family-business focused, guiding our relationships with institutional, high-net-worth, and retail clients.

Client Diversity and Global Reach

CAL’s diverse client base spans industries like insurance, renewable energy, technology, and agriculture, complemented by global partnerships for multi-continent representation and greater value.

Message from CEO, Capital Alliance Partners Limited

Our market leadership position in the core areas of debt and equity capital markets and M&A advisory, amassing a collective transaction volume of over LKR 100 Bn in the past 24 months,  draw heavily from three pillars that are fundamental to CAL’s approach

Nishok Goonasekera
CEO – Capital Alliance Partners Limited

These core values resonate closely with each member of CAL’s Investment Banking outfit, and they are a part of the very fabric of every transaction we work on.

Relationship over transaction – Long-lasting relationships carefully cultivated over many years, built on a foundation of trust

Solution to fit the problem – A client-focused, innovative approach to problem solving

Strength and speed of execution – An efficient and effective execution process that is tailor-made to guarantee success across each transaction

This is why our clients see CAL as a partner, a friend they can wholly rely on to be a fully-involved stakeholder in meeting their financial objectives and overall value addition

Equity Capital Markets

With years of multi-industry capital market experience both in Sri Lanka and the wider region, CAL’s industry-beating team of equity capital specialists possess the know-how and the practical skills to accurately assess market conditions, advise on valuations, and offer direct input on the optimal mix of investors that best serve your company’s long-term growth plans.

Further, we draw on the strength of our close relationships with a diverse pool of local and international investors, to successfully raise equity funding even amidst unconducive market conditions. Our navigation of the challenging post-war economic landscape, helping raise over LKR 11 Bn for our clients with a c. 20% market share in public equity issuances, is ample testament to this.

Whether you are a fast-growing firm looking to raise external capital for the first time or a well-established listed corporate seeking to raise expansion capital, our seasoned team of Investment Banking experts are well-poised to structure a transaction in line with your distinct financing requirements. We have also developed a deep appreciation and keen understanding of family-run companies over the years, which allows us to assist family members in smoothly navigating the life-transforming affair of raising external capital.

What do Equity Capital Markets Offer?

Initial Public Offerings

Pre-IPO Placements

Private Investment in a Public Enterprise (PIPE)

Private Equity

Rights Issues

Taking a Family Business Public

Learn More

Debt Capital Markets

CAL has emerged as the undisputed leader in the debt capital markets space in Sri Lanka, on the back of its strong, ongoing relationships with the country’s top corporates. In successive financial years, 2018 & 2019, CAL has cumulatively commanded a c. 26% market share while helping raise over LKR 60 Bn for its clients.

Our consistency in debt issuances, primarily listed debentures, is shaped by the unique outlook of our debt capital professionals. They adopt an informed yet intuitive approach in understanding investor appetites and market movements, helping you identify the ideal timing as well as the optimal structured product mix that meets your specific financing requirements. Thereafter, our dedicated team of fixed income sales experts will actively and swiftly match these securities with our extensive network of institutional, high-net-worth and retail-oriented investors.

We continuously strive to offer new and innovative products to the market, with the objective of more closely meeting your exact requirements. This has led us to structure the first low-coupon debenture (for Hatton National Bank PLC), the first zero-coupon debenture (for Alliance Finance PLC), and the first single-digit interest rate debenture (for DFCC Bank PLC).

What do Debt Capital Markets Offer?

Listed Debentures

Structured Debt

Initial Public Offerings

Initial Public Offerings

Initial Public Offerings

Mergers & Acquisitions

With years of multi-industry capital market experience both in Sri Lanka and the wider region, CAL’s industry-beating team of equity capital specialists possess the know-how and the practical skills to accurately assess market conditions, advise on valuations, and offer direct input on the optimal mix of investors that best serve your company’s long-term growth plans.

Further, we draw on the strength of our close relationships with a diverse pool of local and international investors, to successfully raise equity funding even amidst unconducive market conditions. Our navigation of the challenging post-war economic landscape, helping raise over LKR 11 Bn for our clients with a c. 20% market share in public equity issuances, is ample testament to this.

Whether you are a fast-growing firm looking to raise external capital for the first time or a well-established listed corporate seeking to raise expansion capital, our seasoned team of Investment Banking experts are well-poised to structure a transaction in line with your distinct financing requirements. We have also developed a deep appreciation and keen understanding of family-run companies over the years, which allows us to assist family members in smoothly navigating the life-transforming affair of raising external capital.

What do Mergers & Acquisitions Offer?

Buy-side advisory

Fairness opinions

Joint Ventures

Sell-side advisory

Our Deals

Sampath Bank PLC

Renuka Capital PLC

Leather Collection (Pvt) Ltd

Janashakthi Insurance PLC

Leading the Way – Industry Experts Share their insight on Capital Markets