Private Equity Fund Management
Vietnam Partners was one of the first foreign entrants into the private equity business in Vietnam. In 2006, VPLLC formed a 50/50 joint venture with the Bank for Investment and Development of Vietnam (BIDV), the second-largest commercial bank in the country, to manage two private equity growth funds focused on the domestic market under the name BIDV – Vietnam Partners Investment Management JVC (BVIM).
In March 2007, Vietnam Investment Fund I, denominated in Vietnamese Dong, closed for the equivalent of $84 million. As of October 2015, the fund had returned 60% of capital, with a substantial remaining net asset value comprised largely of listed securities. Liquidation of all portfolio holdings completed by mid-2016. In late 2007, Vietnam Investment Fund II, a dollar-denominated fund with original binding commitments of $42 million, closed early due to the accelerating weakening of the international financial system. The fund was liquidated successfully in early 2013, delivering a net gain of 18% to investors.
Vietnam Partners has developed an extensive track record of partnering with management teams and entrepreneurs to build successful businesses across a broad range of industries and geographies.
Standing out as a banking investment firm, we are differentiated by our:
We are active investors that partner with our portfolio company management teams to achieve growth and improve productivity.
We pride ourselves on our one-firm approach, working proactively and collaboratively across businesses and geographies to achieve stronger results.
We are driven to provide our private equity investors with consistently strong returns that are significantly above those they could achieve in the public markets.
We harness our global network of Vietnam Partners’ professionals and advisors, as well as our relationships with business leaders worldwide to source proprietary investments.
Our private equity professionals are organized into industry teams and are charged with being experts in their respective fields. They are also organized by region to ensure our teams have a global perspective as well as local knowledge, experience, and relationships.