Mekong Capital wins Frontier Market Firm of the Year 2014 Award

March 03, 2015 | 15:45

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Mekong Capital was just awarded Frontier Market Firm of the year for 2014 by Private Equity International. The Private Equity International Awards 2014 are voted by investment industry professionals, and included more than 35,000 votes across all categories for the 2014 awards.

This is the second year in a row Mekong Capital won an award by Private Equity International, after having won the Operational Improvement Firm of the year for the Asian Small Cap category in 2013.

2014 was an extraordinary year for Mekong Capital when its investee companies achieved weighted average net profit growth of 128 per cent, led by MobileWorld, Nam Long, Intresco, and PNJ.

“This is a great honour for our team, and also reflects the strong track record that is emerging in Vietnam’s private equity industry in general. The results that our investee companies have been delivering is also an affirmation of the strong management teams they have been building, their investment in developing corporate cultures that deliver results, and their general openness to applying best practices,” said Chris Freund, founder and partner of Mekong Capital.

Chad Ovel, partner of Mekong Capital shared, “This recognition is a clear validation of the large investment we have made to transition into a truly operating-centric firm. Our ability to provide our investee companies access to global best practices has been an absolute game-changer for their businesses and our returns.”

Mekong Capital is a Vietnam-focused private equity firm, specialising in consumer driven businesses.

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.

These companies are typically well-established firms in consumer-driven sectors which operate in fragmented and fast growing markets with attractive growth opportunities.

By By Mai Thuy

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