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Ho Chi Minh City
Wednesday, October 4, 2023

New capital channel for Vietnam

By Ho Nguyen Thao

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Domestic and international private equity funds are proactively approaching family offices to raise capital Tapping family offices PENM Partners, a Vietnam-focused private equity fund headquartered in Denmark, is approaching family offices for its fifth-round fundraising process (PENM V), at a time when pension funds are scaling down their allocations for traditional investment channels. Since it came to HCMC in 2006, PENM Partners has primarily raised capital from pension funds in Denmark, the Netherlands, Germany, and the Americas, and has then invested in private companies in Vietnam in areas of manufacturing, […]
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