Mekong Capital is setting up its fourth investment fund named Mekong Enterprise Fund III (MEFIII), General Director Chris Freund has announced.
In an interview with the Securities Investment magazine, Freund said investors have already committed investments to the new fund.
With its ongoing stable growth, Mekong Capital now finds it easier to raise funds compared to a few years ago, he said, adding that the firm aims to divest three investments each year from 2015 onwards.
According to Freund, MEFIII will target enterprises in the field of consumer goods, with profits closely linked to the growth of Vietnamese consumer demand and access to the best international practices.
The scale of the fund has not yet been defined, however it will be larger than all the three previously-established Mekong Capital funds, he revealed.
At present, MEFIII has finished disbursements for the previous three funds.-VNA
In an interview with the Securities Investment magazine, Freund said investors have already committed investments to the new fund.
With its ongoing stable growth, Mekong Capital now finds it easier to raise funds compared to a few years ago, he said, adding that the firm aims to divest three investments each year from 2015 onwards.
According to Freund, MEFIII will target enterprises in the field of consumer goods, with profits closely linked to the growth of Vietnamese consumer demand and access to the best international practices.
The scale of the fund has not yet been defined, however it will be larger than all the three previously-established Mekong Capital funds, he revealed.
At present, MEFIII has finished disbursements for the previous three funds.-VNA
