Standard Chartered Private Equity (SCPE) will secure a seat on the board of Vietnam-based agribusiness firm Loc Troi Group, which was the PE investor’s second investment in the Southeast Asian country. The development was confirmed by Loc Troi, formerly known as An Giang Plant Protection Company, prior to its shareholder meeting… Read more »
By Nguyen Thi Bich Ngoc
The investment was made by the Mekong Enterprise Fund III.
Mekong Capital has added its first two female partners – Pham Vu Thanh Giang and Truong Dieu Le – who will join the current partners, Chris Freund and Chad Ovel. The female partners both have around 19 years of experience in private equity space in Vietnam.
Mobile World chairman and CEO Nguyen Duc Tai said, the firm would be venturing into a combination of offline and online businesses across the region, tapping the $6 billion online market in Southeast Asia.
Mekong Capital, the Vietnam-focused private equity fund that invests in consumer driven business – including Mobile World, Golden Gate, Phu Nhuan Jewelry and pharma firm Traphaco – holds the distinction of being among the earliest investors in country’s startup scene. As early as 2007, much before the incubators and the accelerators appeared,… Read more »