Mekong Capital's partner Minh Giang quits to start own social impact business

Nguyen Thi Minh Giang, a partner at Vietnam-based private equity firm Mekong Capital, who is in charge of the firm’s talent and corporate culture, will leave her position from Sept. 30.

She will open her own social impact business focusing on “transforming human beings and human experiences”, Mekong Capital said in a statement on Monday.

Giang joined Mekong Capital in 2010 as a human resources officer, and ultimately became the firm’s fourth partner in 2020. Giang has played a critical role in leading the talent and culture team to recruit senior leaders for Mekong Capital’s former and existing investee companies.

“Minh Giang and Mekong Capital have discussed her wish to pursue her life purpose since 2020. Therefore, necessary arrangements and handover have been aligned and are under execution. We do not foresee any major disruption caused by Minh Giang’s departure to both Mekong Capital and our funds’ operations,” said Mekong Capital.

In July, the Vietnam-focused private equity firm appointed its fifth partner, Max F. Scheichenost, who oversees the firm’s digital, technology and growth operations.

Founded by Chris Freund in 2001, Mekong Capital welcomed its second partner, Chad Ovel, in 2013. In 2016, the firm promoted its first two female partners, Pham Vu Thanh Giang and Truong Dieu Le. Thanh Giang then left the firm a year later.

Mekong Capital has advised five funds, two of which are currently active. Its latest investment vehicle, the $246 million Mekong Enterprise Fund IV, has to date announced seven investments, including MarouMutosiHSV GroupLiveSpo GlobalRever, Gene Solutions, and Entobel.

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