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.

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