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Warburg Pincus sees more deals in Vietnam after pumping in $1 bln [Reuters]

KKR & Co, Inc (KKR)  More Company Research Source: Reuters
Last kkr & co, inc earnings: 10/26 04:02 pm Check Earnings Report
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PDF Warburg Pincus sees more deals in Vietnam after pumping in $1 billion | Reuters 3 Min Read SINGAPORE (Reuters) - Warburg Pincus is finding new investment targets in the consumer, banking and logistics sectors of Vietnam as its economy grows and capital markets develop, said the regional head of the private equity firm which has committed over $1 billion in Vietnam. “It’s a market that we think there’s a lot of opportunity in,” Jeffrey Perlman, Southeast Asia chief for Warburg, told Reuters in an interview on Thursday. “Four, five years ago, even in Vietnam there wasn’t an understanding of what was private equity and what it will do to businesses.” Vietnam’s emergence as a large manufacturing destination next to China helped the Southeast Asian nation’s economy grow at 6.8 percent last year, the strongest since 2010. The growth is rapidly building up a huge middle class that is boosting consumer spending in a country of about 100 million. Its stock index .VNI has risen 20 percent this [Read more]

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