Mekong Capital Annouces US $246 Million Investment Fund in Vietnam
By Ngoc Thuy
The fund will focus on retail, education, restaurants, consumer services, FMCG, and health care.
Mekong Capital has announced the final closing of subscriptions for its fifth fund, Mekong Enterprise Fund IV Limited Partnership (“MEF IV”) at US$246 million, more than double its predecessor, Mekong Enterprise Fund III.
“MEF IV will continue Mekong Capital’s successful strategy of investing in growth-equity investments in Vietnamese companies and exclusively in proven consumer-driven sectors that benefit from the growth in Vietnamese consumer demand and the adoption of modern business practices,” noted the fund in a statement.
The fund will focus in particular on retail, education, restaurants, consumer services, FMCG, and health care.
Photo courtesy of MegaPixl.