WE INVEST EXCLUSIVELY IN VIETNAM’S
Transformational Private Equity
About us
We used to do Private Equity like everyone else. We thought that giving our investee companies solutions and knowledge would help them excel, but it did not make much impact. In 2007, we embarked on a 3-year transformation journey and invented a new approach to adding value to our investee companies.
Our approach, Transformational Private Equity, is grounded in coaching technology. It starts with an organization’s shared committed goal in the future, which could be called a Vision.
Taimax Asia Pte. Ltd.
In the early years, we applied value-addition programs focusing on best practices such as Six Sigma, Lean Manufacturing, manuals of best practices, etc. We had lots of ideas that we thought would help the investee companies. However, no matter how great our ideas were, this had little or no impact.
In 2009, concurrent with Mekong Capital’s own transformation, we developed a new Vision Driven Investing framework (VDI).
Taimax Asia Pte. Ltd.
We used to relate to Environmental, Social and Governance (ESG) as requirements imposed by investors in our funds. We committed to minimize harmful impacts on our communities and our environment based on an exclusion list. Then we required our investee companies to comply with it. Subsequently, we realized that organizing around a compliance checklist did not create a sense of ownership and enable us to maximize the value that ESG can create. Since then, we redefined Environmental & Social commitment to no longer be a compliance issue and transformed it into a commitment for the future generated by our investee companies, which is well-aligned with their visions.
