Aureos exits Truong Thanh Furniture, its first Vietnam exit
The Aureos South-East Asia Fund LLC (ASEAF), managed by emerging markets investor Aureos Capital, has fully exited Truong Thanh Furniture Corporation after three and a half years - its first exit in Vietnam.
According to the firm, Truong Thanh Furniture saw cash returns of 1.9x Aureos' original investment, and the annual IRR was nearly 81%. Aureos additionally claims that Truong Thanh Furniture experienced...
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