DTiNews
  1. VIETNAM TODAY

  2. Society

US group hosts limited partners conference in Hanoi

Texas Pacific Group, one of the largest private equity firms in the US, will organise its limited partners conference in Hanoi from March 19-21.

Texas Pacific Group (TPG), one of the largest private equity firms in the US, will organise its limited partners (LB) conference in Hanoi from March 19-21.

This is the first time the group has decided to hold an LP conference outside the US.

Vietnams is a potential Asian market of 90 million consumers. Its strong domestic consumption growth is making the country an attractive destination for private equity players.

The event will be an opportunity for the LPs to explore the business opportunity and experience firsthand Vietnam’s dynamic country.

TPG has invested US$36.5 million in technology corporation FPT in 2006 and subsequently invested US$35 million in Masan Group Cooperation (MSN) in 2009. Both FPT and MSN are listed in the Ho Chi Minh City Stock Exchange.
Founded in 1992, TPG now belongs to an elite group of largest private equity firms in the US with a total asset of approximately US$54.5 billion.
Source: VIR
More news
Cold snap leaves Hanoi shivering

Cold snap leaves Hanoi shivering

Hanoi’s temperature fell to as low as 9 degrees Celsius as a fresh cold front swept across the city, with workers lighting small fires on pavements...
Loading...