Mekong Capital plans US$200mil agriculture fund next year


Officials from Thanh Hoa Forest Ranger sub-department patrol in Xuan Lien National Park. Mekong Capital is interested in firms specialising in sectors such as forestry, organic fertiliser and ocean health. - Vietnam News/ANN

HANOI: Mekong Capital Ltd., a Vietnam-focused private equity firm, plans to launch a regenerative agriculture fund in 2026 with as much as US$200 in capital, according to its founder and partner Chris Freund.

"We’re making progress getting that fund off the ground and currently at a stage where we’re working on the pipeline” of potential companies to invest in, Freund said in an interview.

Mekong Capital, which previously mostly focused on retail, restaurants, education and consumer sectors, is shifting to areas such as biotech and agricultural technology, Freund said. While continuing to invest in consumer companies, it is also interested in firms specialising in sectors such as forestry, organic fertiliser and ocean health, he said.

Companies operating in data-rich sectors that are capable of collecting, analysing and leveraging large volumes of information are well-positioned for future growth, Freund said. Mekong Capital is looking at how data technologies can improve performances of companies it invests in, he said.

Mekong Capital, founded in 2001, has launched a total of five funds in Vietnam, including Mekong Enterprise Fund IV, or MEF IV, its most recent. The MEF IV fund was started in 2019 with committed capital of US$246 million. - Bloomberg

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

China son invites violinist to play for terminally ill mum in hospital to give her strength
SRC lawsuit: Najib concedes RM42mil was not Saudi donation
Healthcare can't be a luxury reserved for the few, says Amir Hamzah after introducing 'base plan' coverage
Thai Defence minister urges tighter border watch, election on track
Australia mourns in candlelight for Bondi Beach shooting victims
American man who possessed vape with cannabis-related substance in Singapore's Marina Bay condo jailed more than a year
New 'base plan' medical insurance to make coverage more affordable, says Bank Negara
Cops launch probe into alleged 12-year-long abuse case
Mining bribery case: Joint trial of former reps to begin on June 15
Over 160 lawmakers to join new Japanese Opposition party ahead of election

Others Also Read