Mekong Capital

Mekong Capital is Vietnam-focused private equity firm. We manage three investment funds: the Mekong Enterprise Fund Ltd., the Mekong Enterprise Fund II Ltd., and the Vietnam Azalea Fund Limited. 

Mekong Capital is committed to being the most consistently successful private equity investor in Vietnam.

We achieve this through a relentless focus on developing and empowering our management and investment personnel, creating an environment in which our team works together well and supports each other, while continuously building on our core competences in:

Mekong Capital was established in 2001. With a team of 50+ full time people in our offices in Ho Chi Minh City and Hanoi, we have the largest and most experienced private equity team in Vietnam. Almost all of the senior positions within Mekong Capital are held by Vietnamese, most of whom are also shareholders of Mekong Capital.

Our investor base consists of over 50 investors, mainly comprised of traditional private equity limited partners. Our investor base is conservative and long term in their outlook.

Our recent investments

Our Funds

The Mekong Enterprise Fund, Ltd. is a $37 million private equity fund focusing on growth-equity investments in the first generation of private companies in Vietnam. The fund made 10 investments between 2003 and 2005.

The Mekong Enterprise Fund II, Ltd. is a $50 million private equity fund which focuses on growth-equity investments in the newer generation of private companies in Vietnam, which are often faster growing than the earlier generation of private companies. These companies were typically founded by entrepreneurs with a high level of international exposure, either as a result of working or studying outside of Vietnam, or having been in senior management positions at multinational companies in Vietnam. The Fund focuses on manufacturing, branding, distribution and retail and has a typical investment size of $5 million.

The Vietnam Azalea Fund, Ltd. is a $100 million privatization fund which was launched in June 2007. The Fund focuses mainly on early-stage investments in former state owned companies, as well as auctions of unlisted companies, with a typical target investment size of $10 million.

The Mekong Enterprise Fund III, Ltd. will be launched in late 2008.

Adding value as an investor

We are an active investor which is committed to adding significant value to the companies in which we invest. In particular, we help companies to continuously develop their management teams, improve financial reporting systems, increase operational efficiency and create new expansion opportunities – all of which are intended to lead to faster growth and more successful listings of the companies’ shares on a stock market.

In Vietnam, we have played a pioneering role in introducing best practices such as HR best practices, Lean Manufacturing, Six Sigma and Activity Based Costing to the Vietnamese business community.

Mekong Capital is passionate about the success of the companies in which we invest. As a long-term partner to these companies, Mekong Capital is strongly committed to ensuring that shareholder value is created as a result of our investment. For more information on how we add value, please refer to the Value Proposition page.

Our team

Mekong Capital believes that to achieve our objectives, the most important success factor is the strength of our team. A core strategic priority for us is to continuously invest in the development of an exceptionally strong team, and set increasingly high standards. We invest significant resources in training and team development. Approximately 65% of Mekong Capital's shares are held by current managers and employees, which helps to ensure that our team is highly committed and motivated. For more on our team, please visit the Mekong Capital page.

We currently have positions open. If you are interested in employment opportunities at Mekong Capital, please visit our Open Positions page.