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The BankInvest Group was founded in Denmark in 1969 and is one of the largest asset managers in Scandinavia with US$30 billion under management, hereof US$6 billion invested in emerging markets.
In 2006, BankInvest launched the PENM (Private Equity New Markets) fund and currently has two funds with capital of US$240 million. Through PENM, BankInvest provides capital and business know-how and focuses on medium sized companies with high growth opportunities. Since 2007, BankInvest has officially become a strategic partner of 14 Vietnam enterprises including Masan Group.