TPG Scopes Out ’Emergent’ Vietnam Companies to Invest

TPG Capital, the private-equity firm run by David Bonderman and James Coulter, is seeking its first Vietnam investment in almost four years as the country’s growing middle class offer growth opportunities.

TPG Growth fund, which manages $4 billion, is scouting for “emergent” companies with growth potential that want to leverage the fund’s global expertise, Managing Partner William McGlashan said in an interview in Hanoi. The company previously invested in Masan Group Corp. and FPT Corp. in Vietnam.