Mekong Enterprise Fund III L.P. (IFC-34408)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Small and mid-market companies in Vietnam (SME)
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 2, 2014
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Mekong Enterprise Fund III Limited Partnership
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 17, 2017

Disclosed by Bank Apr 30, 2014


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Project Description
Mekong Enterprise Fund III, L.P. is a ten-year private equity fund with a target size of US$150 million. The Fund will focus on the fast growing consumer sector in Vietnam. Mekong Capital Partners is an independent private equity firm investing in small and mid-market companies in Vietnam. It was established in 2001 by Mr. Chris Freund. It currently has around 14 investment professionals with offices located in Ho Chi Minh City and Hanoi, Vietnam. Expected development impact includes: (i) supporting the mid-cap market in Vietnam with access to an alternate source of funding, (ii) improving access to debt and capital markets for the Fund's investee companies, (iii) supporting a promising local fund manager in Vietnam and thereby providing demonstration effect for financial viability of private equity as an asset class for SMEs, and (iv) promoting sustainable private sector and creating employment
Investment Description
  • International Finance Corporation (IFC)
Mekong Capital Partners is an independent private equity firm investing in small and mid-market companies in Vietnam. It was established in 2001 by Mr. Chris Freund. It currently has around 14 investment professionals with offices located in Ho Chi Minh City and Hanoi, Vietnam.
Contact Information
1/The Project Contact Chris Freund -Partner-Mekong Capital Capital Place, 8th Floor, 6 Thai Van Lung St. District 1, Ho Chi Minh City, Viet Nam.Tel: (84 8) 3827 3161 Fax: (84 8) 3827 3162 Email: mailto:Chris@mekongcapital.com 2/IFC Contact General IFC Inquiries IFC Corporate Relations 2121 Pennsylvania Avenue, NW Washington DC 20433 Telephone: 202-473-3800 Fax: 202-974-4384 E Mail: Webmaster 3/Local contact for Project Documentation Chris Freund Partner Mekong Capital Capital Place, 8th Floor, 6 Thai Van Lung St. District 1, Ho Chi Minh City, Viet Nam Tel: (84 8) 3827 3161 Fax: (84 8) 3827 3162 Email: mailto:Chris@mekongcapital.com ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/