Vietnamese JV Markets $300M Private Equity Fund

Jan 16 2008 | 11:43am ET

BVIM, a Hanoi, Vietnam-based private equity firm, has begun marketing its second p.e. fund focused on its domestic market. The $300 million Vietnam Investment Fund II will invest in Vietnamese companies seeking growth capital and the privatization of state-owned assets. The firm expects to gold a first close this quarter.

“Conditions are excellent for investing Vietnam's growth companies in an early stage of their capital formation,” Bradley Lalonde, co-founder CIO of BVIM, said. “Some of the best opportunities are ahead. Our funds are well positioned to take advantage of the Vietnamese growth story.”

BVIM is a joint venture between Vietnam Partners, an investment firm founded in 2003, and The Bank for Investment and Development of Vietnam, one of Vietnam's largest State-owned banking institutions. BVIM managed a total of US$94.7 million as of September 2007 through its Vietnam Investment Fund.

Prior to co-founding Vietnam Partners in 2003, Lalonde spent over 25 years in executive positions at Citibank in a variety of emerging market countries, including five years in Vietnam as Citibank’s CEO from 1994 to 1999.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR