Phnom Penh (FN), Sep. 21 – Amara Capital, a Cambodia licensed fund management company, today announced that it has signed a definitive agreement to make a strategic growth investment in Thalias Hospitality Group, a leading restaurant and hotel group in Cambodia.

Established since 1997 Thalias Hospitality Group has created some of Phnom Penh’s most renowned restaurants, deli-shops, bakeries with a mission to deliver excellent food with outstanding hospitality. Founded by CEO Arnaud DARC when Topaz Restaurant opened 25 years ago, the company now extends beyond the walls of its eateries. In addition to creating Malis, Khéma, Go and Siena, Thalias offers operational consulting, runs a multifaceted catering and events business, and has operations in Siem Reap, holds multiple Awards and numerous accolades for its distinctive style of hospitality.  (“Top Asia 100”; “Restaurant of the Year in Cambodia” by the International Travel Expo, “Table Set-Up competition” by Cambodia Restaurant Association, or “Best Hospitality” by Cambodia’s Ministry of Tourism).

Taihei Yamada, chairman of the investment committee of Amara Capital, said “We are very pleased to work with a highly capable team having long and deep experience operating the hospitality business in Cambodia. We have a high conviction on the growth in the demand for high-end cuisine in Cambodia along with the economic growth of the nation and post-covid tourism recovery. Thalias has been and will be the choice for the growing high-end segment. We are committed to bringing the value to Thalias through the development of governance as well as business and finance strategy.”

“Invest in personal development, promote meticulous focus on consistency of quality service, act responsibly in the community, are some of the values that we share with the people of Amara Capital. This agreement is the first step of three that will propel Thalias to realize its vision to be recognized as the first choice for fine food lovers and hospitality in Cambodia. I am confident this partnership will flourish with new opportunities for both our groups.”  Arnaud Darc, CEO of Thalias Hospitality Group said.
About Amara Capital
Amara Capital is a Cambodia licensed fund management company run by experienced entrepreneurs and investment specialists. Amara offers financial solutions including debt solution and private equity investment in Small and Medium Enterprises (SMEs) and real estate development projects in Cambodia.

With institutional investor’s fund, Amara offers debt solutions to Cambodian microfinances, leasing companies, and real estate developers. Through the successful partnership, Amara’s debt solution portfolio is projected to grow larger in 2023. Investing as a minority investor, Amara provides Cambodian companies with strategic capital as well as the development of governance, business planning, and financial strategy to pursue its sustainable business growth.

Amara aims to become the platform where Cambodian entrepreneurs grow their businesses in a sustainable manner within this rapidly growing environment. For more information, please visit

For Media Inquiry please contact [email protected]