top of page
asset_wealth.jpg

Fund Management, Advisory & Proprietary Investments

Private Equity

Saigon Asset Management (SAM) s a private equity firm headquartered in Saigon, Vietnam. With a successful track record of investment in 65 Vietnamese companies, SAM’s managed funds consistently outperform peer funds and market indexes. One of SAM’s primary areas of focus lies in data center investment and advisory within Vietnam, and here are the key details.

server-racks-computer-network-security-s
tobias-reich-UEsjzyeSDQk-unsplash.jpg
alex-kotliarskyi-QBpZGqEMsKg-unsplash.jpg

Strategic Relationships with Top Telcos:

  • SAM holds contractual relationships and mandates from Vietnam’s leading major telcos and data center operators, including Viettel, VNPT, FPT, and CMC.

  • The objective is to attract hyperscaler clients through various arrangements, including built-to-suit projects, joint ventures, and Business Collaboration Contracts (BCC).
     

Collaboration in Carrier-Neutral Data Centers:

  • SAM actively partners with hyperscaler clients to establish new carrier-neutral data centers in Vietnam.

  • The scope of SAM’s work encompasses securing suitable land zoned for data centers, addressing energy requirements (both multiple sources of conventional and renewable), ensuring efficient cooling systems, water supply, and obtaining relevant licenses for data center construction and operation.
     

Data Center Campus Development:

  • SAM is currently in the process of launching a comprehensive data center campus.

  • This campus will provide end-to-end services for incoming hyperscalers, covering every aspect from infrastructure to operational support.
     

Domestic Customer Acquisition Support:

  • SAM assists incoming hyperscalers in acquiring domestic enterprise customers in key industries including retail, real estate, healthcare, education, airlines, and financial services.

  • As a long term equity investor in Vietnam, we gained access to C-level executives of these industries though our investments in over 15 years in Vietnam.
     

Strategic Alliances for Excellence:

  • SAM works in tandem with data center investors, top-tier law firms, the Big 4 accounting firms, and real estate experts.

  • This collaborative approach ensures that SAM’s investors and clients receive best-in-class services and achieve optimal results.

Factsheet

Vietnam Technology Holding (VTH) Factsheet

Fund Name

Vietnam Technology Holding (VTH)​

Target Size

US$100 million

Fund Structure

GP/LP

General Partners

Saigon Asset Management (SAM)

Fund Domicile

Cayman Islands/ Flexible

Fund Geography

Vietnam

Objective

To invest responsibly in high-growth technology-enabled private companies to generate above-average returns.

Industries/Sectors

Technology-enabled:

  • Cybersecurity

  • Data Centers

  • Rare Earth Elements

  • Semiconductors

  • Education

  • Healthcare

  • Smart Agriculture

Investment

Strategy

  • Invest responsibly in technology-enabled and sustainable private companies​

  • Acquire adequate ownership interest​

  • Create value by leveraging domain expert advisors​

Fund

Differentiations

  • The Fund will address the current global demand for rare earth elements, semiconductors, and the funding gap for mid to later-stage private companies

  • Experienced GP with relevant track records

  • Network of domain expert advisors that can assist portfolio companies with deal flow, value creation, and exits​

  • Sustainable/impact transition​

Asset Allocation

Invest in up to 10 – 15 companies
​$5m to $15m in each company, including follow on rounds

Investment Horizon

3 to 5 years within 8 years of fund life

Realization & Exit

IPO or M&A​​
Listing of project entities​​
Distributable cash

Target IRR

20% per annum in USD (net of all fees and expenses)

Fee Structure​

1.75% management fee ​
15% performance fee (above the hurdle rate)​

Hurdle Rate​

8% per annum​

GP Commitment​

Up to 3% of fund size at each closing​

Auditor​

Big 4​

Custodian & Administrator​

Open​

Fund Term​

8 years​

Initial Close Date​

June 30th, 2024​

Final Closing​

Within 12 months of Initial Closing​

Information and Subscription Contact​

Investment Banking/Advisory

SAM specializes in private placements, mergers and acquisitions (M&A), and initial public offerings (IPOs) tailored for rapidly expanding enterprises. Among its esteemed clientele are some of Vietnam’s most prominent firms, including Vingroup, Viettel Telecom, and PetroVietnam.

Capital Market

SAM offers a wide range of capital-raising products and services for high-growth Vietnamese companies, including institutional and private placements, initial public offerings (IPOs), follow-on offerings, and debt issuances. We have also been involved in some of the most complex and challenging sustainable capital-raising transactions in recent years.

Service Offerings

Valuation: SAM assists in determining the value of a company or asset by using valuation techniques to help companies determine the fair price for an acquisition target.

Due diligence: We help with the process of investigating a company or asset to determine its financial health, legal status, and other factors.

Structuring: We help businesses structure transactions in a way that maximizes mutual benefits while minimizing transaction costs.

Financing: SAM leads the process of raising money to finance the M&A transaction. We help companies raise money from debt markets, equity markets, or private investors.

Advisory Track Record​

Screenshot 2024-04-10 183925.png

Proprietary Investments

SAM prioritizes investment in key sectors such as data centers, software outsourcing, sustainable agriculture, premium entertainment, education, and export to the US.

bottom of page