Mekong Capital
From Wikipedia, the free encyclopedia
| Mekong Capital | |
 |
|
| Type | Private |
|---|---|
| Founded | 2001 |
| Headquarters | Vietnam |
| Key people | Chris Freund, CEO |
| Industry | Private equity |
| Products | N/A |
| Revenue | Undisclosed |
| Website | www.mekongcapital.com |
Contents |
[edit] Overview of Mekong Capital
[edit] Private Equity in Vietnam
Mekong Capital is an employee-owned private equity firm specializing in investing in the leading private companies in Vietnam. It is the investment manager of the Mekong Enterprise Fund and Mekong Enterprise Fund II, both private equity funds.
Mekong Capital focuses on investments in fast growing private companies and works closely with the companies to ensure that they continue to grow at attractive rates, a minimum of 30% per year on average. This is achieved by committing significant resources to working closely with investee companies so that they can grow and make improvements at a rapid pace. Mekong Capital also works closely with investee companies to prepare for a successful listing.
[edit] Mekong Enterprise Fund, Ltd.
The Mekong Enterprise Fund, sometimes called the "Mekong Fund", is an investment fund focusing on private equity investments in well-managed private businesses in Vietnam. The Fund’s fair market Net Asset Value (NAV) was approximately $27 million as of 30 June 2006. The Fund's current investments include, Tan Dai Hung plastic, AA Corporation, Lac Viet Computing Corporation, Ngo Han magnet wire, Nam Hoa wooden toys, Minh Phuc package printing, Duc Thanh wood processing, Minh Hoang garment, Saigon Gas Holdings Corporation, and Goldsun kitchenware and packaging.
The average annual revenue growth rate for our investee companies has been 28.4% between the period in which we invested and 30 June 2006. Meanwhile, average annual net profit growth has been approximately 62.0% over the same period. Net profit has grown at more than twice the rate of revenues since, the average net profit margins have grown at these companies over the period that we have been shareholders. To learn more about the Fund's existing investments, please visit our Investments page.
[edit] The Mekong Enterprise Fund II, Ltd.
The Mekong Enterprise Fund II is a $50 million private equity fund with a similar focus and strategy as Mekong Enterprise Fund. However, the Mekong Enterprise Fund II also considers buyouts and investments in foreign owned business in Vietnam.
[edit] Post Investment Assistance
Typical post-investment assistance projects include the following:
[edit] Lean Manufacturing
Lean manufacturing is a set of tools and methodologies that aims for the continuous elimination of all waste in the production process. The main benefits of this are lower production costs, increased output and shorter production lead times. Mekong capital often works with companies to implement some aspects of lean manufacturing, and in some cases helps to identify and support outside consultants that can help companies with the implementation of comprehensive lean manufacturing projects.
[edit] Six Sigma
Six Sigma is a statistically-based process improvement methodology that aims to reduce defects to a rate of 3.4 defects per million defect opportunities by identifying and eliminating causes of variation in business processes. Mekong Capital employs a team of six sigma experts, called “Six Sigma black belts”, who help companies with the implementation of some six sigma tools, or in some cases, comprehensive six sigma programs.
[edit] Accounting & financial reporting
Mekong Capital works with companies to implement accurate and timely accounting systems, as well as Activity Based Costing, so that costs and profits can be accurately tracked to different products and customers. For example, by correctly allocating costs like labor, depreciation, actual material consumption, defects, factory overhead, sales costs and interest expenses to different products, customers or divisions, the company can develop a clearer understanding of the actual sources of profit and loss within the company. Meanwhile we also work with companies to improve the usefulness of their internal financial reports as well as reporting to shareholders.
[edit] Human resource management
Mekong Capital has worked closely with many of our investee companies to strengthen their systems for attracting, recruiting, retaining, developing and motivating employees, and particularly management personnel. We also work with companies on projects such as revising the organizational structure, improving job descriptions, implementing more effective bonus systems, etc. Meanwhile, we have been able to introduce a continuous flow of qualified job candidates for most of our investee companies.
[edit] More Information
More information is avaialable at http://www.mekongcapital.com
