Nemo-PVcom Merit Fund eyes int’l investors

NPMF has a charter capital of VND51 billion ($2.2 million) at its inception and aims to raise an additional $20 – 50 million from investors in the Korean, Singaporean and Vietnamese markets in 2022 and 2023.

Based on their strategic cooperation frameworks and track records on portfolio management services and fund establishment, PVCB Capital and Nemo Partners seek to establish more investment channels and boost the real estate and energy projects of PetroVietnam, PVcomBank.

Nemo Partners Vietnam is a member of Nemo Partners, one of the largest investment and consulting firms in South Korea.

The capital contribution signing ceremony between PVCB Capital and Nemo Partners. Photo by PVCB Capital.

The NPMF fund is operated and managed by experienced experts of PVCB Capital.

The fund’s objective is to generate stable and competitive profit compared to the market from investment and proprietary trading in stocks and bonds, with a focus on fixed income products including corporate bonds with collateral, payment guarantees, government bonds, and certificates of deposit.

Investment fields are diverse but will focus on real estate, infrastructure and green energy.

The founding members of NPMF include PVcomBank Fund Management JSC (PVCB Capital), Nemo Partners Vietnam Investment and Consulting Co., Ltd and international investors.

PVCB Capital is a member of Vietnam Public Commercial Joint Stock Bank (PVcomBank), with assets under management of approximately $800 million, providing institutional and individual clients with various types of investment advisory services, fund management and portfolio management.