Mekong Enterprise Fund III ("MEF III") was launched in May 2015. MEF III completed its first closing with $87.4 million and final closing in May 2016 with US$112 million in capital commitment.
MEF III focuses on investments in Vietnamese consumer-driven businesses such as retail, restaurants, consumer products, and consumer services. The fund 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 grounded in the Vision Driven Investing framework and Mekong Capital’s extensive network of international experts and resources. Mekong Capital commits substantial time and resources to adding value to the companies in which its fund invests, and we believe this has played an important role in the success of many of our past investments.
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 10 - 12 investments during the first 4 years of its operations.