VinaCapital

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VinaCapital
Company typePrivate limited company
IndustryInvestment management, Asset management, Real estate, Venture capital, clean energy, private equity
Founded2003
FoundersHorst Geicke
Don Lam
Headquarters115 Nguyen Hue, Ben Nghe Ward, District 1, Ho Chí Minh City, Vietnam
Key people
Jonathan Choi (Chairman)
Don Lam (CEO)
Productsasset management, investment management
Websitevinacapital.com

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

In 2003, the firm launched the VinaCapital Vietnam Opportunity Fund, a closed-end fund now trading on the London Stock Exchange’s Main Market.[14]

In 2006, VinaCapital and Draper Fisher Jurvetson launched DFJVinaCapital, a venture capital fund to invest in technology companies and privatised telecommunications companies.[9][15]

In August 2018, VinaCapital launched VinaCapital Ventures, a technology investment platform.[16] In June 2019, the company announced that it had formed a strategic partnership with the Mirae Asset - Naver Asia Growth Fund.[17]

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".[18][19]

VinaCapital was awarded "Best Fund House - Vietnam" by Asia Asset Management magazine in 2018,[20] 2019[21] and 2020.[22]

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.[23] In October 2021, VinaCapital announced that EDF Renewables had made a "significant investment" in its rooftop solar subsidiary, SkyX.[24]

In May 2023, VinaCapital announced that it had formed an infrastructure and logistics investment platform with the fund manager, A.P. Moller Capital.[25]

Management[edit]

The current Chairman is Jonathan Choi, the Chairman of Sunwah International in Hong Kong.[26] The CEO is Don Lam, who co-founded the company in 2003 after working at PwC (Vietnam).[27][28][29]

Notable activities[edit]

VinaCapital's funds include:

References[edit]

  1. ^ "VinaCapital unveils $100 mln venture firm, to invest in tech startups". Reuters. 30 August 2018. Retrieved 15 April 2020.
  2. ^ VNA (2016-08-26). "VinaCapital, Shinhan to cooperate on investment products". English.vov.vn. Retrieved 2020-04-15.
  3. ^ Mike Ives (2013-01-31). "Central Coastline of Vietnam Draws Interest Overseas - The New York Times". The New York Times. Retrieved 2020-04-15.
  4. ^ "Vietnam's VinaCapital, A.P. Moller Capital set up logistics infra platform". DealStreetAsia. Retrieved 2023-07-21.
  5. ^ "Vietnam's "The Wolf of Wall Street" and the Children's Hero". Maze Vietnam. Retrieved 19 November 2021.
  6. ^ a b "Risk Premium". Forbes. Retrieved 2021-04-15.
  7. ^ Vietnam Economic Times. Vietnam Economic Times. 2008-01-01.
  8. ^ "Người đồng sáng lập VinaCapital sẽ rời tập đoàn". VnEconomy (in Vietnamese). 2012-04-04. Retrieved 2021-04-15.
  9. ^ a b Cao, Hung (2018-10-15). "VinaCapital marks 15 years of investment at 2018 Investor Conference". Vneconomictimes.com. Retrieved 2020-04-15.
  10. ^ Vietnam Economic Times, March 2010. 2010.
  11. ^ "VinaCapital Foundation | Empower children and youth in Vietnam through health and education programs". VinaCapital Foundation. Retrieved 2021-04-16.
  12. ^ "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.
  13. ^ "Thay đổi loạt nhân sự cao cấp tại VinaCapital". VN Economy. Retrieved 16 April 2021.
  14. ^ "VINACAPITAL VIETNAM OPPORTUNITY FUND LD VOF Our story - Stock | London Stock Exchange". www.londonstockexchange.com. Retrieved 2021-04-16.
  15. ^ "VinaCapital's new tech fund launched". Vietnam News. Retrieved 16 April 2021.
  16. ^ "VinaCapital unveils $100 mln venture firm, to invest in tech startups". Reuters. 2018-08-30. Retrieved 2021-11-20.
  17. ^ "Mirae Asset forms strategic partnership with VinaCapital Ventures". hanoitimes.vn. Retrieved 2021-11-20.
  18. ^ Nguyen, Quynh (16 July 2019). "Vietnam's VinaCapital buys Singapore robo-advisory platform". Nikkei Asian Review. Retrieved 20 May 2020.
  19. ^ "VinaCapital shuts down Singapore-based robo-advisor Smartly". DealStreetAsia. Retrieved 2021-11-20.
  20. ^ "2018 Best of the Best Awards" (PDF).
  21. ^ "2019 Best of the Best Awards" (PDF).
  22. ^ "2020 Best of the Best Awards" (PDF).
  23. ^ "VinaCapital, GS Energy to invest US$3b in LNG power plants in Vietnam". www.businesstimes.com.sg. Retrieved 2021-11-20.
  24. ^ NEWS, VIETNAM ECONOMIC (2021-10-13). "EDF Renewables partners with VinaCapital to invest in SkyX". VIETNAM ECONOMIC NEWS (in Vietnamese). Retrieved 2021-11-20.
  25. ^ "Vietnam's VinaCapital, A.P. Moller Capital set up logistics infra platform". DealStreetAsia. Retrieved 2023-07-21.
  26. ^ "Jonathan Choi, Sunwah Intl Ltd: Profile and Biography". Bloomberg.com. Retrieved 2021-04-16.
  27. ^ "Board of Directors". VinaCapital. Retrieved 2021-04-16.
  28. ^ 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.
  29. ^ "Don Lâm – Đại sứ đầu tư - Tiếp Thị Việt". 2020-08-01. Archived from the original on 2020-08-01. Retrieved 2021-04-16.
  30. ^ "VinaCapital Vietnam Opportunity Fund enters FTSE 250 index". Stock Market Wire. 5 March 2018. Retrieved 7 March 2018.
  31. ^ "VinaCapital teams with DFJ to launch Vietnam technology fund". Private Equity Wire. Retrieved 16 April 2021.
  32. ^ "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.
  33. ^ 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.
  34. ^ VietnamPlus (2019-03-21). "VinaCapital rolls out VinaCapital Insights Balanced Fund | Business | Vietnam+ (VietnamPlus)". VietnamPlus. Retrieved 2021-11-21.
  35. ^ bizhub.vn. "VinaCapital launches ETF to track VN100 Index". Việt Nam News (in Vietnamese). Retrieved 2021-11-21.
  36. ^ "Vinacapital launches new liquidity bond fund". The Saigon Times. 2021-09-18. Retrieved 2021-11-21.

External links[edit]