Sunday, 3 May 2015
Last updated 1 day ago
Nov 2 2007 | 11:53am ET
The Vietnam Opportunity Fund, a US$850 million Alternative Investments Market-traded closed-end fund, is looking to raise an additional $200 million via a secondary share placement. The new issue closes on Nov. 14.
The fund invests across asset classes in the Vietnamese domestic economy. Typically, half of the fund’s portfolio is invested in equities with the remainder divided between real estate and private equity. Through September, the fund has returned 32%.
The Vietnam Opportunity Fund is managed by VinaCapital Investment Management, which said it expects to launch new funds within the next 12 months to take advantage of further privatizations of state-owned corporations in the telecommunications, banking, and the energy sectors, real estate and property development and an increase in private equity deals.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…