Saigon Asset Management Appoints New Director Of Economics

(Ho Chi Minh City, September 15th, 2011) Saigon Asset Management (SAM) is pleased to announce the appointment of Mr. Antony Nezic as Director - Economics. Mr. Nezic will lead financing arrangements for International Financial Institutions (IFIs) for the two new funds being launched by SAM: Indochina Energy Holding LP (“IEH”) and Vietnam Alternative Holding LP (“VAH”) and also as a key member of the core team to identify and review immediate project pipe and subsequent acquisitions. In his role, Mr. Nezic will liaise closely with International Bank for Reconstruction and Development (World Bank and IFC) institutions, U.S. government’s Overseas Private Investment Corporation (OPIC), Asian Development Bank (ADB), and Japan’s JICA.

Mr. Nezic brings a depth of experience and capability advising and working with IFI’s in frontier and emerging markets in Asia, Africa and Eastern Europe, as well as on major natural resource acquisitions, agribusiness projects, and investment advisory to SAM’s executive team. As the economies of Vietnam, Laos, & Cambodia expand, SAM is creating new investment vehicles and carefully crafting a senior management & local network team to realize these opportunities.  The new investment fund IEH will focus on the acquisition of power generation assets within the Indochina region while VAH will focus on investments into special situations relating to the real estate sector.

Mr. Nezic is pleased to be a part of this experienced team, noting: “the cliché is that within every challenge there is an opportunity. However, there is a clear cut economic case for this part of emerging Asia that is evolving. I continue to see the trends and tendencies that I participated in in Eastern Europe, Africa and other parts of Asia occurring here real time.  Structural risks are emerging globally in an increasingly dynamic environment, punctuating the rationale for this part of the world, which is relatively immune to the financial contagion of the OECD. In the Greater Mekong region, the reliance is on basics and fundamentals of natural resources and expanding incomes of a growing middle class, with straightforward financial systems. I relish the challenges of operating in this part of the world. It is challenging and rewarding. I also very much enjoy working with the dynamic people within the region. I am really pleased to come on board with SAM.”

Mr. Nezic is currently also the Managing Director of Caudex Strategies, a strategic management and investment advisory consulting firm, on the board of the Marius Ivan Foundation in Romania, as well as Learning Strategies – a Vietnam private clinical practice for children with learning disabilities in HCMC. He has a Master’s Degree in Economics from the University of Calgary, and has worked on numerous private sector projects in developing countries in Africa, Asia, and Eastern Europe - including agriculture financing and indemnification, grading and standards, market information, local economic development, national government strategic and budgetary planning, and numerous IFI loan assessments.

Mr. Louis Nguyen, Chief Executive Officer of SAM, notes, “We recognize the need to establish regional and international economic expertise and eagerly welcome Antony to our management team at SAM.  With a qualified and experienced executive like Antony on the team, we expect to be able to surge ahead in our investments in Indochina when the fund is launched.  Antony will be integral in the development of SAM’s value creation process to our investors.”

About Saigon Asset Management

Established in 2007, Saigon Asset Management (SAM) is the investment manager of Vietnam Equity Holding (VEH) and Vietnam Property Holding (VPH), both Cayman Islands investment funds, listed and traded on the Frankfurt Stock Exchange and Xetra.  With a total initial asset value of US$125m, the two portfolios include listed securities, private equity, and real estate projects. Since inception, VEH and VPH have outperformed their peers and have ranked in the top tier. In 2008, LCF Rothschild ranked VEH as the top performing equity fund in Vietnam, and in 2009, VPH was ranked as the top performing real estate fund in Vietnam.  SAM is headquartered in Ho Chi Minh City, Vietnam and has a team of over 25 investment professionals.  For more information, please visit our website at www.saigonam.com.

Contact:

Kevin Lau-Hansen
Investor Relations Analyst
Saigon Asset Management
TMS Building, 12th Floor - 172 Hai Ba Trung, District 1
Ho Chi Minh City, Vietnam
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Website: www.saigonam.com
T: +84-8-5404-3488 | F: +84-8-5404-3487 | M: +84-122-891-7935

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