Will only raise next fund as big as can be responsibly invested: Mekong Capital

Will only raise next fund as big as can be responsibly invested: Mekong Capital

Chad Ovel, Partner at Mekong Capital

Vietnam-focused private equity (PE) firm Mekong Capital is targeting to completely deploy its $112.5-million fourth fund Mekong Enterprise Fund III (MEF III) by early 2019, which will also trigger preparations for its next fund.

The firm, not swayed by the swelling fund sizes in the market and a recent spate of large-sized transactions, seems to have a clear rationale on keeping its future fund corpus in check and raise only “an amount it can responsibly invest,” according to a top executive of the firm.

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