Warburg Pincus Leads a US$100 Million Round in Vietnam-based Vincom Retail (Asia)

Source: Vingroup

Global private equity firm Warburg Pincus has led a US$100 million follow-on investment round for Vietnam-based shopping mall operator Vincom Retail. Other investors in the consortium were not disclosed. The follow-on investment brings the Warburg-led consortium’s total investment in the company to US$300 million, after its first investment of US$200 million in May 2013. Vincom Retail will use the latest funding to accelerate the development of its malls and broader retail platform.