Mid-market fund managers eye the jackpot in Vietnam, but it won't be a cakewalk

Over the past few years, Vietnam has turned into a hot destination for mid-market fund managers looking to strike gold. Several international general partners (GPs) have set their sights on one of Southeast Asia’s fastest-growing economies, launching dedicated funds for the country. However, not everyone has had a soft landing.

Most recently, BDA Capital Partners, the growth equity arm of investment banking firm BDA Partners, lost its captain, Bert Kwan, to multi-asset investment firm Silverhorn.

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