Mekong Capital wins 2015 Operational Excellence Award

This is the third consecutive year Mekong Capital won a PEI award, and the second time Mekong Capital scooped the Operational Excellence Award.

Mekong Capital won the Operational Excellence Award for the Asia Small Cap Category in 2013 in relation to its investment in MobileWorld Investment Corp., and won Frontier Market Firm of the Year for 2014.

PEI’s Operational Excellence Awards aim to recognise and highlight the achievements of the industry's best-in-class operators.

“We are honoured to once again be recognised for our operating-centric approach to private equity in Vietnam which is generating exceptional returns for our investors,” said Chad Ovel, partner of Mekong Capital.

“Due to the open-minded and always-inquisitive approach of the founders of Golden Gate, Mekong Capital was able to deploy our full toolbox to directly support them in building the best multi-concept casual dining chain in Vietnam.

“In the year that has passed since our exit, we have been very encouraged by Golden Gate’s continued rapid growth which stands on the strong foundation that was built with our direct support,” Ovel added.

In September 2014, Mekong Enterprise Fund II, Ltd. (MEF II) the second of four private equity funds managed by Mekong Capital, successfully completed the divestment of its investment in Golden Gate.

This divestment resulted in a net return multiple of 9.1x and a gross IRR of 45.1 per cent for MEF II.

Mekong Capital Mekong Capital’s funds have completed 26 private equity investments in Vietnam, of which 16 have been fully exited and 3 have been partially exited.

Specialised in consumer-driven businesses, Mekong Capital manages four funds with around 27 full-time people in Ho Chi Minh City and Hanoi offices.

The funds invest in fast-growing companies, with ambitious expansion plans, and a commitment to building management teams that will successfully execute on those expansion plans.