Vietnam's Mekong appoints new partner

Nguyen joined Mekong in 2010 as a human resources officer, helping recruit leadership for former and existing investee companies. She went on to lead a team of four talent and culture specialists, which is said to have facilitated hiring in the portfolio at a rate of at least five management professionals per month. Further experience includes setting up more than 70 workshops focused on corporate culture and core values in portfolio companies.

"Minh Giang and I have long been partners in transformation and building a strong culture in Mekong Capital," Chris Freund, founding partner at Mekong, said in a statement. "Minh Giang has been extremely complimentary to me and the senior management team, adding value in ways that are unique to Minh Giang. Her promotion to Partner is an acknowledgement of her incredible contributions to the success of Mekong Capital over the last 10 years."

Freund and Nguyen's fellow partners include Chad Ovel, who joined the firm in 2013, and Truong Dieu Le, who was promoted from head of operations in 2016. The Mekong team currently stands at 35 full-time staff across offices in Ho Chi Minh City and Hanoi.

Established in 2001, Mekong claims to have the most extensive private equity track record in Vietnam, with 35 investments completed to date and 26 full exits. Its $112 million Mekong Enterprise Fund III (MEF III) has backed at least nine companies to date, including drugstore operator Pharmacity, mattress retailer Vua Nem, and farm-to-table restaurant chain Pizza 4P's. The firm launched a follow-up, MEF IV, in September last year with a hard cap set at $250 million.

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• Topics
• Southeast Asia
• GPs
• People
• Vietnam
• Mekong Capital
• Appointments