Strategy

The Vietnam Azalea Fund aims to achieve a high Net IRR by:

Being highly selective

Targeting only around 10 investments per year, we are highly selective about the investments that we make. In particular, we place significant emphasis on ambitious and proactive management teams of potential investee company, as well as their commitment to achieving a listing on a stock exchange. We believe that the capability of the management team is the key determinant of success for most companies in Vietnam.

Adding value as an investor

As a shareholder of the company, the Vietnam Azalea Fund provides value-added assistance to the companies in which it invests. Assistance will primarily be provided to improve financial reporting systems, improve internal controls, help to establish investor relations functions and provide strategic consulting services. There is no fee charged by Mekong Capital for this assistance as our goal is only to help the company to be a successful investment for VAF.

Mid-size privatizations

We invest in former state-owned companies that are likely to have annual revenues at $20 million to $200 million in the year when the Fund expects to be an investor.