PENM Partners

PENM Partners is a private equity firm founded in 2006, with its main office in Ho Chi Minh City, Vietnam, and an additional location in Denmark. The firm specializes in providing acquisition, middle market, and expansion capital to unlisted private companies across various sectors, including financial institutions, modern retail, construction materials, branded consumer goods, healthcare products, and more. PENM typically makes equity investments ranging from $10 million to $30 million, seeking to acquire a shareholding of 10 percent to 40 percent, often preferring a majority stake. The firm has a long-term investment horizon of ten years and focuses on fostering growth in companies based in Vietnam.