Monday, 6 July 2015
Last updated 1 hour ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…