PENM Partners is managing four funds:
- Private Equity New Markets K/S (PENM I): a USD 100 million fund established in 2006.
- Private Equity New Markets II K/S (PENM II): a USD 150 million fund established in 2008.
- Private Equity New Markets III K/S (PENM III): a USD 150 million fund established in 2011.
- Private Equity New Markets IV K/S (PENM IV): A fund established in June 2015 with a first closing of approx. USD 120 million and a final closing expected in 2016 with a target size of USD 150-175 million.
PENM invests in unlisted Vietnamese companies with a proven track record and a strong future development potential. The capital from PENM will typically be applied towards expansion.
PENM has invested in 16 companies, and we are proud to have formed partnerships with very good entrepreneurs and managers. Our investee companies are among the best in their respective sectors.
PENM brings extensive operational experience and resources to help investee companies develop and capitalize on business opportunities. We have a strong mix of international and local staff. PENM employs people with strong functional capabilities, who are able to add real value to investee companies.