Sunday, 29 November 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…