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 companies in Vietnam. This can come during their initial privatisation or during any subsequent sale or issuance of shares, or in any other transaction and then divesting such interests after these companies list on a...
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