The Opportunity and Challenge of Private Equity in Vietnam: Mekong Capital’s Experience

Chris Freund, Founder and Managing Partner of Mekong Capital, shares Mekong Capital’s experience, having made 27 investments in Vietnamese companies since Mekong Capital’s establishment in 2001. Mekong Capital undertook a major transformation in its value-addition framework and corporate culture commencing in late 2007, which eventually resulted in major breakthroughs in the performance of Mekong Capital’s investee companies. Mekong Capital has raised three funds to date—the first in 2002, the second in 2006 and the third in 2007. It has made 27 investments, and seven exits. Mekong Capital has a team of around 35 people in Ho Chi Minh City and Hanoi.