VinaCapital adds to infrastructure team

Vietnamese asset manager VinaCapital has added Tony Hsun as a managing director for its London Stock-Exchange Listed fund, Vietnam Infrastructure Limited.

Vina also said that managing director William Lean has left the firm to pursue other interests. It did not specify where he is going.

Tony Hsun

Hsun was previously senior vice president of business development for Orix Corporation in Tokyo, where he evaluated private equity investment in infrastructure projects for China and Southeast Asia, according to a statement issued by Vina.

Overall, Hsun has over 25 years over experience in the sector, Vina said in the statement.

Hsun will help lead Vietnam Infrastructure, which has acquired more than 20 infrastructure assets in its first two years of operation, according to the press release. It has invested in mobile network towers and wind farms, among other assets.

Vietnam Infrastructure is house within Vina’s investment management arm, VinaCapital Investment Management. That division also manages Vina’s Vietnam Opportunity Fund, a UK-listed fund that invests across a mix of asset classes, VinaLand, a UK-listed fund dedicated to real estate opportunities in Vietnam and DFJ VinaCapital Technology Fund, an unlisted $32 million venture capital fund.

Vietnam Opportunity, VinaLand and Vietnam Infrastructure are valued at $823 million, $655 million and $265 million, respectively, according to the press release.

Earlier this year, InfrastructureInvestor broke news that the company is looking to add a fifth fund to VinaCapital Investment Management portfolio: a Vietnam-focused unlisted energy fund.

VinaCapital was established in 2003. The firm is headquartered in Ho Chi Minh City and has offices in Hanoi, Danang and Hong Kong.