The billion USD race to invest in Vietnamese firmsVietNamNet Bridge - Private equity funds (PE) in Asia plan to invest billions of US dollars in Vietnamese companies, creating fierce competition between these funds. A private equity fund is raised and managed by investment professionals of a specific private equity firm (the general partner and investment advisor). For the investment fund management segment, SSIAM currently manages 6 investment funds, with total assets of more than VND2,200 billion. Private equity funds are typically limited partnerships with a fixed term of 10 years (often with annual extensions). A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity.

Source: VietNamNet News July 28, 2016 10:07 UTC