
Since 1999, Indochina Capital has positioned itself as a leading real estate development, fund management, advisory and financial services firm, in Vietnam. The company was first established as a result of the merger between two smaller independent investment firms, managed by Peter Ryder in Hanoi and Richmond (Rick) Mayo-Smith in HCM City. At the time of the merger, the two businesses had completed a number of real estate projects and advisory assignments, including the development of three landmark sites in Hanoi, HCM City and Danang: 63 Ly Thai To (the World Bank's Vietnam headquarters in Hanoi), Saigon Centre (HCM City's first Grade-A mixed-use complex), and the Furama Resort (Vietnam's first 5-star luxury resort, located on Danang's legendary coastline). The two firms were also contracted by Morgan Stanley, Kajima, Shimizu and other prominent multi-nationals as market entry consultants and advisors on investments in the Indochina region.
The group's operations expanded dramatically between 2002 and 2005, with the execution of landmark transactions and the launching of business initiatives such as the development advisory and financing of the French-Vietnamese Hospital in HCM City (2002), the establishment of the managed accounts business for the Equities division (2004), and the launching of Indochina Land Holdings, Vietnam's first real estate fund (2004). The pace of the Company's expansion accelerated in 2006-2007 with the successful launching of Indochina Land Holdings 2, a US$265 million real estate fund (2006), and the closing of Indochina Land Holdings 3 (2010) with US$180.3 million in committed capital.
Today Indochina Capital is well-established with a countrywide footprint and a team of investment professionals possessing extensive on the ground experience in Vietnam coupled with international financial, investment, and transactional expertise. The sum of these parts provides Indochina Capital with significant competitive advantages as a specialized and localized Vietnam-focused real estate developer, investment manager and financial advisor. The company's investors and partners have come to rely on its breadth of experience, local operating knowledge, and innovative problem solving abilities.
In 2010, Indochina Capital formed a strategic partnership with ORIX Corporation, a global financial services group with headquarters in Tokyo and operations in 27 countries and regions worldwide. ORIX intends to support Indochina Capital as a strategic partner in expanding the company's fund management and advisory businesses in Vietnam.