Mekong Capital continues to capitalise on Vietnam interest

The investment management company aims to raise $100 million for its third fund in Vietnam.

Mekong Capital announced Wednesday May 16 that it has launched its third fund, the $100 million Vietnam Azalea Fund.

It aims to raise a maximum initial commited capital of $100 million, to be drawn down as needed. The initial closing is expected to occur on or around May 31.

Chris Freund, managing director of Mekong Capital in Ho Chi Minh City, notes that the primary investment objective is to achieve a high internal rate of return by investing in privatised...

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