Kingsmead mekong strategic opportunities Fund (KmsoF)
The Fund will invest in companies which capture growth opportunities in the Mekong region, focusing primarily on equity and special situations investments in these vibrant economies, particularly those which are undervalued and underappreciated. The Fund will employ a bottom-up approach with a concentration bias towards large capitalization stocks, having the flexibility to invest across a wide capital structure but with an equities tilt.
The Manager anticipates deploying multiple strategies which utilizes listed equities, PIPES (strategic stakes) and pre-IPOs to invest in the growth opportunities in the Mekong Region, comprising Thailand and the CLMV (Cambodia, Laos, Myanmar & Vietnam).
The Manager plans to focus on secondary equities in Thailand and Vietnam to form 70-80% of the portfolio, while selectively participating in IPO’s, pre-IPO’s and structured products (P-I-P-E’s) to gain direct exposures into C-L-M-V markets as well as special situations in Thailand.
The guidelines set out above are an indication of the manner which it is anticipated the investments of the Fund and Master Fund will be managed. There can be no assurance that the Fund's investments will be successful or that the objectives of the Fund will be achieved.
1 April 2019
Fund Administrator & Custodian
Standard Chartered Bank, Singapore Branch
Ernst & Young Ltd.
Rajah & Tann LLP
Walkers (Singapore) Limited Liability Partnership
Morgan, Lewis & Bockius LLP