VinaCapital explained

VinaCapital
Type:Private limited company
Foundation:2003
Location:115 Nguyen Hue, Ben Nghe Ward, District 1, Ho Chí Minh City, Vietnam
Key People:Jonathan Choi (Chairman)
Don Lam (CEO)
Founders:Horst Geicke
Don Lam
Industry:Investment management, Asset management, Real estate, Venture capital, clean energy, private equity
Products:asset management, investment management

VinaCapital is one of the largest investment management firms in Vietnam.[1] [2] [3] As of 2023, the firm has more than $3.9 billion in assets under management.[4]

History

VinaCapital was founded in 2003 by Don Lam[5] [6] [7] and Horst Geicke, who served as executive chairman until 2012.[8] [9] [10] The company developed a diversified portfolio including several funds[11] [12] and also founded the VinaCapital Foundation, a public charitable organization to empower children and youth in Vietnam such as financing of cardiac surgery.[13] [14] [15]

In 2003, the firm launched the VinaCapital Vietnam Opportunity Fund, a closed-end fund now trading on the London Stock Exchange’s Main Market.[16]

In 2006, VinaCapital and Draper Fisher Jurvetson launched DFJVinaCapital, a venture capital fund to invest in technology companies and privatised telecommunications companies.[17]

In August 2018, VinaCapital launched VinaCapital Ventures, a technology investment platform.[18] In June 2019, the company announced that it had formed a strategic partnership with the Mirae Asset - Naver Asia Growth Fund.[19]

In July 2019, VinaCapital acquired Smartly Pte Ltd., a Singapore-based robo-advisory investment platform, which it wound down in March 2020 due to "intense competition".[20] [21]

VinaCapital was awarded "Best Fund House - Vietnam" by Asia Asset Management magazine in 2018,[22] 2019[23] and 2020.[24]

In March 2021, the company announced that it would jointly invest with GS Energy to develop a 3,000MW LNG power plant in Long An province.[25] In October 2021, VinaCapital announced that EDF Renewables had made a "significant investment" in its rooftop solar subsidiary, SkyX.[26]

In May 2023, VinaCapital announced that it had formed an infrastructure and logistics investment platform with the fund manager, A.P. Moller Capital.[27]

Management

The current Chairman is Jonathan Choi, the Chairman of Sunwah International in Hong Kong.[28] The CEO is Don Lam, who co-founded the company in 2003 after working at PwC (Vietnam).[29] [30] [31]

Notable activities

VinaCapital's funds include:

External links

Notes and References

  1. Web site: 30 August 2018 . VinaCapital unveils $100 mln venture firm, to invest in tech startups . 15 April 2020 . Reuters.
  2. Web site: VNA . 2016-08-26 . VinaCapital, Shinhan to cooperate on investment products . 2020-04-15 . English.vov.vn.
  3. Web site: Mike Ives . 2013-01-31 . Central Coastline of Vietnam Draws Interest Overseas - The New York Times . 2020-04-15 . The New York Times.
  4. Web site: Vietnam's VinaCapital, A.P. Moller Capital set up logistics infra platform . 2023-07-21 . DealStreetAsia . en.
  5. Web site: Don Lam: Chief Executive Officer and Founding Partner . 21 May 2024 . VinaCapital.com.
  6. Web site: Vietnam's "The Wolf of Wall Street" and the Children's Hero . 19 November 2021 . Maze Vietnam.
  7. VinaCapital CEO: Vietnam Needs to Promote Itself Better CNN Business . 2024-05-09 . Tuemmler . Steve . en . 2024-05-21 . edition.cnn.com.
  8. Web site: Risk Premium . 2021-04-15 . Forbes . en.
  9. Book: Vietnam Economic Times . 2008-01-01 . Vietnam Economic Times . en.
  10. Web site: 2012-04-04 . Người đồng sáng lập VinaCapital sẽ rời tập đoàn . 2021-04-15 . VnEconomy . vi.
  11. Web site: Cao . Hung . 2018-10-15 . VinaCapital marks 15 years of investment at 2018 Investor Conference . 2020-04-15 . Vneconomictimes.com.
  12. Book: Vietnam Economic Times, March 2010 . 2010.
  13. Web site: VinaCapital Foundation Empower children and youth in Vietnam through health and education programs . 2021-04-16 . VinaCapital Foundation . en.
  14. Web site: Đầu tư gián tiếp: "Cơ hội lớn đang đến!" - Viện đào tạo Sau đại học - Đại học Kinh Tế Quốc Dân . 2021-04-16 . sdh1.neu.edu.vn.
  15. Web site: Thay đổi loạt nhân sự cao cấp tại VinaCapital . 16 April 2021 . VN Economy.
  16. Web site: VINACAPITAL VIETNAM OPPORTUNITY FUND LD VOF Our story - Stock London Stock Exchange . 2021-04-16 . www.londonstockexchange.com.
  17. Web site: VinaCapital's new tech fund launched . 16 April 2021 . Vietnam News.
  18. News: 2018-08-30 . VinaCapital unveils $100 mln venture firm, to invest in tech startups . en . Reuters . 2021-11-20.
  19. Web site: Mirae Asset forms strategic partnership with VinaCapital Ventures . 2021-11-20 . hanoitimes.vn . en.
  20. Web site: Nguyen . Quynh . 16 July 2019 . Vietnam's VinaCapital buys Singapore robo-advisory platform . 20 May 2020 . Nikkei Asian Review.
  21. Web site: VinaCapital shuts down Singapore-based robo-advisor Smartly . 2021-11-20 . DealStreetAsia . en-US.
  22. Web site: 2018 Best of the Best Awards .
  23. Web site: 2019 Best of the Best Awards .
  24. Web site: 2020 Best of the Best Awards .
  25. Web site: VinaCapital, GS Energy to invest US$3b in LNG power plants in Vietnam . 2021-11-20 . www.businesstimes.com.sg.
  26. Web site: NEWS . VIETNAM ECONOMIC . 2021-10-13 . EDF Renewables partners with VinaCapital to invest in SkyX . 2021-11-20 . VIETNAM ECONOMIC NEWS . vi.
  27. Web site: Vietnam's VinaCapital, A.P. Moller Capital set up logistics infra platform . 2023-07-21 . DealStreetAsia . en.
  28. Web site: Jonathan Choi, Sunwah Intl Ltd: Profile and Biography . 2021-04-16 . Bloomberg.com . en.
  29. Web site: Board of Directors . 2021-04-16 . VinaCapital . en-US.
  30. Web site: dantri.com.vn . Don Lam và con đường trở thành nhà quản lý quỹ . https://web.archive.org/web/20200801132541/https://dantri.com.vn/kinh-doanh/don-lam-va-con-duong-tro-thanh-nha-quan-ly-quy-1300208367.htm . 2020-08-01 . 2021-04-16 . Báo điện tử Dân Trí . vi.
  31. Web site: 2020-08-01 . Don Lâm – Đại sứ đầu tư - Tiếp Thị Việt . https://web.archive.org/web/20200801132603/http://www.tiepthiviet.com/doanh-nhan/don-lam-dai-su-dau-tu.html . 2020-08-01 . 2021-04-16.
  32. Web site: 5 March 2018 . VinaCapital Vietnam Opportunity Fund enters FTSE 250 index . 7 March 2018 . Stock Market Wire.
  33. Web site: VinaCapital teams with DFJ to launch Vietnam technology fund . 16 April 2021 . Private Equity Wire.
  34. Web site: Vietnam's Equity Market and the Country's Compelling and Continuing Growth Story -Asian Wealth Management and Asian Private Banking . 2021-11-21 . hubbis.com.
  35. Web site: VnExpress . New VinaCapital fund to focus on Vietnam's unlisted firms - VnExpress International . 2021-11-21 . VnExpress International – Latest news, business, travel and analysis from Vietnam . en.
  36. Web site: VietnamPlus . 2019-03-21 . VinaCapital rolls out VinaCapital Insights Balanced Fund Business Vietnam+ (VietnamPlus) . 2021-11-21 . VietnamPlus . en.
  37. Web site: bizhub.vn . VinaCapital launches ETF to track VN100 Index . 2021-11-21 . Việt Nam News . vi-VN.
  38. Web site: 2021-09-18 . Vinacapital launches new liquidity bond fund . 2021-11-21 . The Saigon Times . en-US.