Investment fund buys 20 pct of Duc Long Gia Lai

Thanh Nien News

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The Global Emerging Markets investment fund on Thursday signed a deal to buy up to 20 percent of Vietnam's Duc Long Gia Lai Group.
Bui Phap, Executive Chairman of Duc Long Gia Lai Group, said the cooperation is expected to fulfill his company’s capital needs and enhance liquidity to implement the company’s plans.
Global Emerging Markets is a US$3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets across the world.
The deal was set up by the Asia Global Capital Group (New York), Bamboo Capital Group and MESA Research Vietnam.

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