Cambodia gets a new investment management firm

VinaCapital Group, an asset management and real estate development firm focused on Vietnam, Laos and Cambodia, launches VictoryCapital in Cambodia.

VictoryCapital, a new investment management firm, has decided to launch a business in Cambodia, and on Monday pledged to invest up to $100 million in the country's domestic economy during the next several years. It also announced a long-term vision to launch a dedicated Cambodia fund.

Simon Luu, formerly with ANZ Bank in Phnom Penh, will be VictoryCapital's country manager in Cambodia. The firm intends to invest in a broad range of sectors, including real estate, hospitality,...

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