Mekong Capital completed the divestment of all investments in its first three funds
Ho Chi Minh City, Vietnam (20 September 2018) – Mekong Capital is pleased to announce that the Mekong Enterprise Fund (MEF) has divested its final remaining investment, a garment manufacturing company called Minh Hoang. This divestment follows the recent sale of the final investments in both Mekong Enterprise Fund II and Vietnam Azalea Fund. With the completion of this divestment, all of the investments in Mekong Capital’s first 3 funds have been fully exited, making Mekong Capital one of the first private equity funds in Asia to have fully divested 3 funds.
In total, Mekong Capital has completed 26 exits of private equity investments.
All investments currently managed by Mekong Capital are held in the Mekong Enterprise Fund III, which has so far announced 7 investments.
Mr. Chris Freund, Partner at Mekong Capital, shared: “With the exit of Minh Hoang, we are so delighted to have completed the divestments of all of our first 3 funds. This enables us to focus on our newer investments in Mekong Enterprise Fund III, partnering closely with each of those companies to ensure they each achieve their vision.”
About Mekong Capital
Mekong Capital is a Vietnam-focused private equity firm, specializing in consumer driven businesses and looking to invest in fast-growing companies, with ambitious expansion plans, and a commitment to building management teams that will successfully execute on those expansion plans. Mekong Capital’s funds have completed 33 private equity investments in Vietnam, of which 26 have been fully exited. Its latest investment vehicle, the Mekong Enterprise Fund III (MEF III), has to date announced investments in 7 companies, including lending firm F88, logistics companies Nhat Tin and ABA, restaurant operator Red Wok, Ben Thanh Jewelry, Yola Education, and mattress retailer Vua Nem. All investee firms in MEF III are implementing the Vision Driven Investing framework.