Monday Dec 15, 2025
Monday Dec 15, 2025
Tuesday, 18 November 2025 13:35 - - {{hitsCtrl.values.hits}}
Capital Alliance (CAL), Sri Lanka’s leading investment bank, has achieved a historic milestone — surpassing USD 1 billion (LKR 306 billion) in assets under management (AUM). This achievement cements CAL’s position as a leading independent asset manager in the country and one of the few in frontier markets to cross the billion-dollar mark.
Over the past 25 years, CAL has grown from a financial start-up into the largest full-service investment bank in Sri Lanka, offering an unparallelled level of innovation within the industry in Sri Lanka, facilitating capital markets development and establishing itself as a trusted advisor and transaction managers across multiple frontier markets. The firm’s disciplined approach to portfolio management, technology-driven investment platforms, and deep understanding of local and global markets have played a key role in building investor confidence at scale.
“Crossing the USD 1 billion mark reflects the strength of CAL’s tech-driven investment solutions, market expertise and deep customer relationships we have built over time,” said Kanishke Mannakkara, Group Chief Executive Officer of CAL. “This milestone is a testament to how innovation and insight, combined with a disciplined, data-driven approach to investing, can help unlock long term value and wealth at scale even in what are, in global terms, relatively small markets.”
CAL’s suite of investment products spans unit trusts, private wealth management, treasury investments, stockbroking and investment banking solutions, supported by a robust digital ecosystem through the CAL Online mobile and web platform. This combination of innovation and expertise has positioned CAL as a market leader driving financial inclusion and literacy in Sri Lanka.
As Sri Lanka’s economy enters a period of stabilisation and renewed growth, CAL continues to expand its footprint locally and regionally, with a focus on innovation, sustainable investment, and long-term value creation for clients and stakeholders alike.
