Vietnam
New Asia, AIF in $15m round for Vietnam restaurant chain
New Asia Partners and AIF Capital have led a Series B round of funding worth $15 million for Huy Vietnam Group, Vietnam’s largest operator of self-managed, local cuisine restaurants.
Mekong delivers golden return
As office workers clock off in Hanoi and Ho Chi Minh City, Vuvuzela outlets begin to fill up. It was supposed to be a Hooters-style casual dining chain – and the female staff dress accordingly – but Vuvuzela has morphed into a very local beer club....
SCPE backs Vietnam's Golden Gate, Mekong secures 9x exit
Standard Chartered Private Equity (SCPE) has acquired a significant minority stake in Golden Gate, a Vietnam-based restaurant operator, for $35 million. The investment has allowed existing backer Mekong Capital to make a full exit with a net multiple...
PE-backed Mobile World sets terms for Vietnam IPO
Mobile World, a Vietnamese mobile phone retailer backed by Mekong Capital and CDH Investments, has set terms for a stock market listing that will value the business at $200 million or more.
Q&A: Mekong Capital's Chad Ovel
Chad Ovel turned around a portfolio company for Mekong Capital and then joined the PE firm as a partner. With the Vietnam-focused GP targeting $150 million for its third fund, he offers insights into a changing market
Mekong, CDH complete partial exit from Vietnam’s Mobile World
Mekong Capital and CDH Investments have completed partial exits from Vietnamese mobile phone retailer Mobile World through a pre-IPO private placement. Mekong’s portion of the sale represents a 21.8x return on an investment made in 2007.
Mekong, CDH set for partial exits from Vietnam's Mobile World
Mekong Capital and CDH Investments will make partial exits from Mobile World, Vietnam’s largest mobile phone retailer, when the company lists on the Ho Chi Minh exchange in June with an expected valuation of up to $280 million.
Portfolio: CDH, Mekong and Mobile World
Early investor Mekong Capital and recent addition CDH Investments have guided Mobile World through rapid growth and growing pains. Now the Vietnam-based mobile phone retailer is about to go public
Vietnam restaurant chain receives $3.5m in funding
Huy Vietnam Group, Vietnam’s largest restaurant chain, has secured another $3.3 million in funding from institutional and high net worth investors from China and Singapore.
Profile: IDG Vietnam's Henry Nguyen
For the last 12 years IDG Ventures’ Henry Nguyen has played a role in the opening up of Vietnam, from helping launch its first VC fund to introducing an the World’s most iconic fast food brand
SE Asia online retailer Lazada gets $250m in funding from Tesco, others
Rocket Internet’s Southeast Asian online shopping mall, Lazada, has raised a $250 million round of funding from Tesco, Access Industries, and return backers Investment AB Kinnevik and Verlinvest.
Vietnam government launches ‘Silicon Valley Project’
Vietnam’s Ministry of Science and Technology will build two accelerators under its Silicon Valley Project for technology commercialization - turning research into practical applications.
McDonald's picks IDG's Nguyen to bring brand to Vietnam
McDonald's has appointed Henry Nguyen, managing partner at IDG Ventures Vietnam, to assist the burger chain in taking its brand into the country for the first time ever.
ASEAN integration brings opportunities, challenges - AVCJ Forum
ASEAN integration is a game changer for companies from China and India as well as for those in Southeast Asia, but a lack of familiarity with private equity in more peripheral markets remains an obstacle, fund managers told the AVCJ Singapore forum.
EXS Capital leads $37m investment in Vietnam RE developer
EXS Capital has led a $37 million investment in Vietnamese real estate developer Son Kim Land (SKL). Financial details of the transaction were not disclosed.
Vietnam's Mekong Capital appoints new partner
Vietnam-focused GP Mekong Capital has named Chad Ovel as a partner. It is the first partner-level appointment since Chris Freund, Mekong’s founding partner, set up the firm in 2001.
Ex Indonesia: Investing at SE Asia's edges
Indonesia is the poster child of Southeast Asian private equity but competition is intense and valuations are rising. What can investors expect from less-tapped markets such as Thailand, the Philippines and Vietnam?
PE firms struggle with rich valuations in Southeast Asia – survey
Increased competition for deals and buoyant equity markets have pushed up valuations in Southeast Asia, prompting private equity investors to hold back, according to a new survey. While the region is becoming more important in investment strategies, returns...
Warburg Pincus makes debut Vietnam investment
Warburg Pincus has made its first investment in Vietnam, leading a consortium that will pay $200 million for a 20% stake in the retail property platform of Vingroup, the country’s largest private-sector real estate operator.
Mekong trims Mobile World stake, looks to IPO
Is Mobile World the next Masan Consumer Corp? The as yet unnamed private equity firm that picked up part of Mekong Capital’s stake in the Vietnamese mobile phone retailer is certainly hoping so.
Vietnam’s Mekong Capital in partial exit from Mobile World
Mekong Capital has completed a partial exit from Vietnamese mobile phone retail chain Mobile World, securing an 11x return, including dividend payments. The PE firm initially invested $3.5 million in 2007.
ACO Investment to bet $700m on Myanmar
New York-based ACO Investment Group, a firm founded by former United Airlines president Rononjoy Dutta and former Credit Suisse banker Hari Achuthan, says it will invest $700 million in Myanmar.
Vietnam’s VinaCapital appoints new real estate head
VinaCapital has appointed David Blackhall as managing director with responsibility for the Vietnam-focused GP’s real estate portfolio. He takes over from David Henry, who is leaving the company to pursue opportunities in Australia.
KKR shows its conviction in Masan
KKR has doubled down on the Vietnam consumer story. Following a $159 million commitment to Masan Consumer Corp. (Masan) in April 2011, the largest investment in the country from a private equity fund, KKR broke its own record last week by injecting a...