Mekong Capital Launches Mekong Enterprise Fund III
Mekong Capital recently announced the final closing of subscriptions for its fourth fund, the US$112 million Mekong Enterprise Fund III Limited Partnership (MEF III).
The primary investment objective of MEF III is to achieve a high internal rate of return by investing in Vietnamese consumer-driven businesses such as retail, restaurants, consumer products, and consumer services. It may also invest in companies involved in the convergence between online and offline, especially in the retail space.
MEF III applies Mekong Capital’s well proven approach towards adding value as a shareholder, which is based on the Vision Driven Investing framework and Mekong Capital’s extensive network of international experts and resources.
MEF III typically targets investments ranging from $8-15 million, and can make both minority and buy-out investments.
MEF III has a 10-year life, and expects to make a total of approximately 12 investments during the first 3 years of its operations.
H.Ly
Vietnamese
