Correction: Vietnam Equity Partners Fund Launches in Vietnam to Fund Listed Companies
GRAND CAYMAN, Cayman Islands, Dec. 15, 2011 /PRNewswire/ -- CORRECTION: As previously announced on November 29, 2011, Cayman Islands based Equity Partners Fund SPC has established a new segregated portfolio which will conduct business under the name Vietnam Equity Partners Fund to make investments into Vietnam. Equity Partners Fund SPC entered into a Non-Discretionary Portfolio Management Service Agreement ("Management Service Agreement") with An Binh Fund Management Company, and not An Binh Bank, as previously stated in the November 29, 2011, press release. The investment model used by Equity Partners Fund SPC will be implemented to provide funding to qualifying listed companies.
Pursuant to the Management Service Agreement, An Binh Fund Management Company will source and manage investments made in Vietnam by Vietnam Equity Partners Fund. An Binh Fund Management Company is a company related to An Binh Bank, a local Vietnamese bank whose strategic partners include Maybank and Electricity of Vietnam.
Fund spokesperson Bruce Nelson says, "The fund focuses on equity investments in public companies as well as private companies that will be listed on a securities exchange within six months of a funding commitment."
"The fund has no outside investors and is considered a private fund run by its principals, similar to a merchant bank that invests its own capital and as such it is seeking capital appreciation through the identification and funding of liquid growth companies."
"The fund will approach various companies such as energy, manufacturing, construction, mining/resources, professional services, healthcare and finance who are all looking for growth or acquisition funding which is difficult to find given current global economic conditions."
"Ultimately once a company satisfies our requirements we send proposed investment terms and explain the steps required for the company to ultimately obtain the requested funding," Kent Ferguson says.
To enquire about Vietnam Equity Partners Fund go to http://www.equitypartnersfund.com and http://www.VietnamEquityPartners.com
RELATED LINKS
http://www.equitypartnersfund.com
http://www.VietnamEquityPartners.com
SOURCE Equity Partners Fund SPC
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