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Mekong Capital launches $100m Vietnam Azalea Fund

16/05/2007Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityMekong Capital has launched its third fund, the $100m Vietnam Azalea Fund. An initial closing is expected to occur on or around 31 May 2007, according to a statement.

The fund will focus on privatisations of former state-owned companies in Vietnam.

Mekong Capital is the investment manager of the Mekong Enterprise Fund, launched in 2002, and the Mekong Enterprise Fund II, launched in 2006. Both funds are private equity funds focusing on private companies in Vietnam.

Mekong Capital has approximately 38 full-time employees in Vietnam.

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