Warburg Pincus celebrates 10 years in Vietnam

Senior leaders of government agencies and business partners who have been pivotal in Warburg Pincus' decade-long journey in Vietnam were also present.

According to Warburg Pincus CEO Chip Kaye, the company has had the privilege of being part of Vietnam's incredible growth journey over the past decade.

“We have witnessed first-hand the remarkable progress that Vietnam has achieved, and we are proud to have played an important role in supporting the country's economic development and transformation," Kaye said.

Senior leaders of government agencies and business partners celebrate Warburg Pincus 10 years of investing in Vietnam

"By leveraging our extensive global network, expertise, and capital, we have been able to support many industry leaders across multiple high-growth areas in Vietnam. We are a strong believer in Vietnam’s future growth prospects and will remain steadfast in our commitment to the market in the decade ahead,” Kaye added.

Warburg Pincus donated $150,000 to Room to Read

To show its ongoing commitment to the country's future, the firm made a $150,000 donation to support a literacy programme for primary school children, particularly ethnic minorities, run by Room to Read, an international NGO dedicated to improving education for children throughout Vietnam.

Jeffrey Perlman, president of Warburg Pincus, shared his appreciation for the company’s partners and friends in Vietnam, whose passion and constant pursuit of excellence have been instrumental in ensuring the company has succeeded here.

“Business success aside, we are immensely proud of the lasting value that we’ve created for our partners and the local community," Perlman said. "Giving back to the community is deeply rooted in the firm’s DNA, and we strongly believe that education is the key to unlocking the potential of individuals and improving their social and economic wellbeing."

Warburg Pincus, headquartered in New York, has more than $84 billion in assets under management. The firm’s active portfolio of more than 250 companies is highly diversified by stage, sector, and geography. Since its founding in 1966, the company has invested more than $113 billion in over 1,000 companies in more than 40 markets across its private equity, real estate, and capital solutions strategies.

The firm started investing in Vietnam in 2013 and has become the largest and most active global private equity investor in the country, with nearly $2 billion invested. It has built a strong track record as an investor here with partners such as Vincom Retail, BW Industrial, Lodgis, Techcombank, and MoMo.

Additionally, the firm has completed two of the largest initial public offerings in Vietnam, Vincom Retail and Techcombank.

PM appreciates Warburg Pincus’ investment in Vietnam Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on May 7 for Timothy Geithner, former Secretary of Treasury of the US and now President of Warburg Pincus, during which he appreciated the US firm’s investment in several projects in Vietnam.

Warburg Pincus focuses investment on China, Southeast Asia and Vietnam New York-based international private equity firm Warburg Pincus has made the final close for its equity fund in China-Southeast Asia and Vietnam (China – SEA II). The equity fund attracted $4.25 billion investment from Warburg Pincus' current funds as well as new investors.

Vietnamese PM receives leaders of US companies in New York Prime Minister Pham Minh Chinh received executives of Warburg Pincus and Glenfarne Group in New York on May 15, part of his working visit to the US and the UN.

Appreciating efforts to attract more overseas capital Over the past decade, Warburg Pincus has been investing across Vietnam in companies that support the government’s goals of diversifying and modernising the country’s economy.