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Dragon sees delay for Indochina fund, eyes Europe

It is taking longer than planned for Vietnam's Dragon Capital to hit $50 million for its new private equity fund. Meanwhile, it is eyeing microfinance and plans to use Ucits to sell into Europe.
Dragon sees delay for Indochina fund, eyes Europe

Vietnam's Dragon Capital had planned to first-close its new private-equity fund focused on Indochina early this year,  but now expects to hit the initial target of $50 million by the end of 2012, and $250 million next year.

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