Exclusive: Mekong Capital raises $87m for its fourth fund, to begin making investments 'within weeks'

Mekong Capital, the Vietnam-focused private equity firm, will begin making investments from its fourth fund ‘within weeks’, Chris Freund, the founder of the  Ho Chi Minh City-based firm told DEALSTREETASIA, in an interaction. The Vietnamese fund manager has so far raised  $87.4 million in committed capital for its new fund that has a target of $150 million. Its fourth Vietnam vehicle –  Mekong Enterprise Fund III – that is set for a final close later this year, will have a 10 year span, and will invest between $8-15 million each in companies, Freund said, while adding that PE firm’s investments would continue to be limited to Vietnam.