VinaCapital
Company type | Private limited company |
---|---|
Industry | Investment management, Asset management, Real estate, Venture capital, clean energy, private equity |
Founded | 2003 |
Founders | Horst Geicke Don Lam |
Headquarters | 115 Nguyen Hue, Ben Nghe Ward, District 1, Ho Chí Minh City, Vietnam |
Key people | Jonathan Choi (Chairman) Don Lam (CEO) |
Products | asset management, investment management |
Website | vinacapital |
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
[edit]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][8][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.[11][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
[edit]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
[edit]VinaCapital's funds include:
- VinaCapital Vietnam Opportunity Fund (VOF) is listed on the London Stock Exchange (LSE: VOF) and a constituent of the FTSE 250 Index.[32]
- DFJ VinaCapital (DFJV) with Draper Fisher Jurvetson[33]
- Forum One - VCG Partners Vietnam Fund, a UCITS-compliant, open-ended fund.[34]
- VinaCapital Equity Special Access Fund (VESAF)[35]
- VinaCapital Insights Balanced fund (VIBF)[36]
- VinaCapital VN100 ETF[37]
- VinaCapital Liquidity Bond Fund (VLBF)[38]
References
[edit]- ^ "VinaCapital unveils $100 mln venture firm, to invest in tech startups". Reuters. 30 August 2018. Retrieved 15 April 2020.
- ^ VNA (2016-08-26). "VinaCapital, Shinhan to cooperate on investment products". English.vov.vn. Retrieved 2020-04-15.
- ^ Mike Ives (2013-01-31). "Central Coastline of Vietnam Draws Interest Overseas - The New York Times". The New York Times. Retrieved 2020-04-15.
- ^ "Vietnam's VinaCapital, A.P. Moller Capital set up logistics infra platform". DealStreetAsia. Retrieved 2023-07-21.
- ^ "Don Lam: Chief Executive Officer and Founding Partner". VinaCapital.com. Retrieved 21 May 2024.
- ^ "Vietnam's "The Wolf of Wall Street" and the Children's Hero". Maze Vietnam. Retrieved 19 November 2021.
- ^ Tuemmler, Steve (2024-05-09). VinaCapital CEO: Vietnam Needs to Promote Itself Better | CNN Business. Retrieved 2024-05-21 – via edition.cnn.com.
- ^ a b "Risk Premium". Forbes. Retrieved 2021-04-15.
- ^ Vietnam Economic Times. Vietnam Economic Times. 2008-01-01.
- ^ "Người đồng sáng lập VinaCapital sẽ rời tập đoàn". VnEconomy (in Vietnamese). 2012-04-04. Retrieved 2021-04-15.
- ^ a b Cao, Hung (2018-10-15). "VinaCapital marks 15 years of investment at 2018 Investor Conference". Vneconomictimes.com. Retrieved 2020-04-15.
- ^ Vietnam Economic Times, March 2010. 2010.
- ^ "VinaCapital Foundation | Empower children and youth in Vietnam through health and education programs". VinaCapital Foundation. Retrieved 2021-04-16.
- ^ "Đầu tư gián tiếp: "Cơ hội lớn đang đến!" - Viện đào tạo Sau đại học - Đại học Kinh Tế Quốc Dân". sdh1.neu.edu.vn. Retrieved 2021-04-16.
- ^ "Thay đổi loạt nhân sự cao cấp tại VinaCapital". VN Economy. Retrieved 16 April 2021.
- ^ "VINACAPITAL VIETNAM OPPORTUNITY FUND LD VOF Our story - Stock | London Stock Exchange". www.londonstockexchange.com. Retrieved 2021-04-16.
- ^ "VinaCapital's new tech fund launched". Vietnam News. Retrieved 16 April 2021.
- ^ "VinaCapital unveils $100 mln venture firm, to invest in tech startups". Reuters. 2018-08-30. Retrieved 2021-11-20.
- ^ "Mirae Asset forms strategic partnership with VinaCapital Ventures". hanoitimes.vn. Retrieved 2021-11-20.
- ^ Nguyen, Quynh (16 July 2019). "Vietnam's VinaCapital buys Singapore robo-advisory platform". Nikkei Asian Review. Retrieved 20 May 2020.
- ^ "VinaCapital shuts down Singapore-based robo-advisor Smartly". DealStreetAsia. Retrieved 2021-11-20.
- ^ "2018 Best of the Best Awards" (PDF).
- ^ "2019 Best of the Best Awards" (PDF).
- ^ "2020 Best of the Best Awards" (PDF).
- ^ "VinaCapital, GS Energy to invest US$3b in LNG power plants in Vietnam". www.businesstimes.com.sg. Retrieved 2021-11-20.
- ^ NEWS, VIETNAM ECONOMIC (2021-10-13). "EDF Renewables partners with VinaCapital to invest in SkyX". VIETNAM ECONOMIC NEWS (in Vietnamese). Retrieved 2021-11-20.
- ^ "Vietnam's VinaCapital, A.P. Moller Capital set up logistics infra platform". DealStreetAsia. Retrieved 2023-07-21.
- ^ "Jonathan Choi, Sunwah Intl Ltd: Profile and Biography". Bloomberg.com. Retrieved 2021-04-16.
- ^ "Board of Directors". VinaCapital. Retrieved 2021-04-16.
- ^ dantri.com.vn. "Don Lam và con đường trở thành nhà quản lý quỹ". Báo điện tử Dân Trí (in Vietnamese). Archived from the original on 2020-08-01. Retrieved 2021-04-16.
- ^ "Don Lâm – Đại sứ đầu tư - Tiếp Thị Việt". 2020-08-01. Archived from the original on 2020-08-01. Retrieved 2021-04-16.
- ^ "VinaCapital Vietnam Opportunity Fund enters FTSE 250 index". Stock Market Wire. 5 March 2018. Retrieved 7 March 2018.
- ^ "VinaCapital teams with DFJ to launch Vietnam technology fund". Private Equity Wire. Retrieved 16 April 2021.
- ^ "Vietnam's Equity Market and the Country's Compelling and Continuing Growth Story -Asian Wealth Management and Asian Private Banking". hubbis.com. Retrieved 2021-11-21.
- ^ VnExpress. "New VinaCapital fund to focus on Vietnam's unlisted firms - VnExpress International". VnExpress International – Latest news, business, travel and analysis from Vietnam. Retrieved 2021-11-21.
- ^ VietnamPlus (2019-03-21). "VinaCapital rolls out VinaCapital Insights Balanced Fund | Business | Vietnam+ (VietnamPlus)". VietnamPlus. Retrieved 2021-11-21.
- ^ bizhub.vn. "VinaCapital launches ETF to track VN100 Index". Việt Nam News (in Vietnamese). Retrieved 2021-11-21.
- ^ "Vinacapital launches new liquidity bond fund". The Saigon Times. 2021-09-18. Retrieved 2021-11-21.