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Type | Limited Liability |
---|---|
Industry | Private Equity |
Founded | 2001 |
Headquarters | Sonatus Building, 25th floor, 15 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam |
Key people | Chris Freund - Founder and Partner |
Number of employees | 60 |
Website | www.mekongcapital.com |
Mekong Capital is a Vietnam-focused private equity firm. Operating in Vietnam since 2001, Mekong Capital is one of the first private equity firms to engage Vietnam, and has completed 42 private equity investments (including 28 full exits) in Vietnam through 5 funds with more than 60 full-time employees. [1] Mekong Capital has offices in Ho Chi Minh City, Hanoi. [2] Focusing on manufacturing companies until 2005, Mekong Capital shifted its focus towards consumer-driven businesses in 2006. Mekong Capital is known as a private equity firm that has invested significant resources in the development of its corporate culture, [3] and in the corporate cultures of its portfolio companies, and is the subject of several case studies. [4] [5]
Mekong Capital won Private Equity International's awards for five years in a row, including Operational Improvement Award for Asian Small Caps for 2013, Frontier Market Firm of the year for 2014, Operational Excellence Award 2015 for the Asia-Pacific Small Cap Category, Frontier Market Firm of the year in Asia for 2016, and Operational Excellence for a small cap investment in Asia for 2017. [6]
Mekong Capital was founded by Chris Freund [7] in 2001. Chris Freund was formerly with Templeton Asset Management, [8] based in Vietnam and Singapore, from 1995 to 2001.
Some of Mekong Capital's well-known investments include:
By January 2018, Mekong Capital has achieved 24 complete exits of investments that were unlisted at the time of the original investment: Tan Dai Hung Plastic, Duc Thanh Wood Processing, Saigon Gas, Mai Son Retail, Masan Consumer, Minh Phuc Printing, International Consumption Products (ICP), AA Corporation, Goldsun JSC, Lac Viet Computing Corporation, Nam Hoa Wooden Toys, Digiworld, MK Smart, Ngo Han; Venture International, Golden Gate, FPT Corporation, Nam Long, Intresco, Vietnam Australia International School, Phu Nhuan Jewelry (PNJ), Loc Troi Group, Traphaco and The Gioi Di Dong (MobileWorld).
Mekong Capital's Divestment HistoryI
Exit Route | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2016 | 2017 | 2018 |
---|---|---|---|---|---|---|---|---|---|---|
Trade sale of controlling interest of company to a strategic investor | Saigon Gas | ICP | Venture International | |||||||
Sale of 100% of Fund's shares in a directly negotiated transaction | Duc Thanh | Mai Son | Minh Phuc; AA Corporation | Goldsun; Lac Viet; Nam Hoa | Digiworld; MK Smart | Golden Gate | Loc Troi; Traphaco | |||
Sale of Fund's shares via securities markets | Tan Dai Hung | Masan Food | Ngo Han; MobileWorld | MobileWorld | FPT; Nam Long; Intresco; MobileWorld; PNJII | PNJ | MobileWorld |
IIncludes only investments that were unlisted at the time of Fund's initial investment
IIPartial exit
Mekong Capital is holding several other investments in companies that were unlisted at the time of the original investment and are now listed: Traphaco, Phu Nhuan Jewelry, Intresco, and MobileWorld.
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