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Beryllus, WorldBridge team up on $200M Mekong growth fund

What's the deal? British investment manager Beryllus Capital (UK) LtdDealroom has a profile for this one. Try Dealroom → and Cambodia's WorldBridge GroupDealroom has a profile for this one. Try Dealroom → have signed an agreement to launch a Mekong growth fund. The $200 million growth equity vehicle will focus on Cambodia and other parts of Southeast Asia.

Who's backing it? Wealthy local families have joined the consortium behind the fund. The first round targets between $200 million and $500 million.

What's the endgame? The fund pairs a UK-based manager with a Cambodian conglomerate to channel growth equity into the Mekong region. The tie-up gives Beryllus local reach through WorldBridge's networks.

The signal: The launch points to rising investor appetite for Southeast Asian markets beyond the region's larger hubs. By anchoring the fund with local family capital, Beryllus and WorldBridge are betting that Cambodia and its neighbours can attract institutional-scale growth investment.

Read more: theasset.com

Image credit: BryonLippincott

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