Vietnam-focused private equity firm Mekong Capital is preparing to launch a new regenerative agriculture fund in 2026, with a targeted raise of up to $200m, according to a report by Bloomberg citing founding partner Chris Freund.
Speaking in an interview, Freund said the firm is currently developing the investment pipeline for the new vehicle, which will mark a strategic pivot into sectors such as agtech, biotech, forestry, organic fertiliser, and ocean health.
Historically focused on consumer-facing sectors including retail, education, and F&B, Mekong is expanding its mandate to include companies at the intersection of sustainability and data. Freund noted a particular interest in businesses leveraging advanced data analytics to drive performance and scale.
Data-rich sectors are well-positioned for the future, and we’re looking closely at how data technologies can enhance our portfolio companies’ growth trajectories, he said.
Founded in 2001, Mekong Capital has raised five Vietnam-dedicated funds to date. Its most recent vehicle, Mekong Enterprise Fund IV (MEF IV), closed in 2019 with $246m in committed capital.
