Vietnam-based PE firm ABB hits $52m first close of second fund

Executive sees final close by October 2024 with $100m target for second vehicle

20231122 Daily life Hanoi

A fruit market in Hanoi. Vietnam-based private equity firm Asia Business Builders says the nation's economy has performed better than some other markets. © EPA/Jiji

NGUYEN THI BICH NGOC, DealStreetAsia

HANOI -- Vietnam-based private equity firm Asia Business Builders (ABB) has achieved the first close of its second fund at $52 million, according to a top executive.

ABB partner Lan Anh Do told DealStreetAsia that the firm is looking to close the fundraising by October 2024.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.