# CMG.ASIA

CMG.ASIA is a Private Equity based in Ho Chi Minh City, Vietnam.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Ho Chi Minh City, Vietnam
- **Region:** Asia
- **Address:** Ho Chi Minh City, Vietnam
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** cmg.asia
- **LinkedIn:** https://www.linkedin.com/company/cmg.asia

## Regulatory record

- **Reports private funds:** No

## About

CMG.ASIA was identified as a private equity asset manager headquartered in Ho Chi Minh City. The firm pursues growth equity and venture investments. No additional offices, team size, or recent transactions appear in available records. No structural details on governance or vehicles beyond the core private equity mandate were located.

## Sectors

- Consumer & Lifestyle
- Enterprise Software
- Healthcare Services
- Media & Entertainment
- Education
- AgriTech & FoodTech

## People

- Randy Dobson — Chairman
- Huyen Phan — COO & Managing Partner

## Questions

### Who runs investment decisions at CMG.ASIA?

Chairman Randy Dobson and COO Huyen Phan jointly oversee the firm's three investment lines — venture building, private equity, and public equity. The firm sources and executes through its Ho Chi Minh City and Hong Kong teams, supplemented by an advisory board that includes veterans from Grant Thornton Vietnam, The Global CIO Office, and AOP Capital.

### Does CMG.ASIA invest in both private and public companies?

Yes. The firm runs three distinct strategies: a Venture Lab focused on early-stage company creation, a Private Equity arm for minority and majority positions with a long-term hold bias, and a Public Equity strategy that targets listed companies trading below intrinsic value with measured holding periods in years rather than months.

### What is the firm's known track record in Vietnam?

Before formalizing as CMG.ASIA in 2016, the leadership team built or operated several of Vietnam's leading consumer brands, including the country's largest luxury gym chain and the color-cosmetics category leader M.O.I Cosmetics. The firm also backs GAM Entertainment, whose esports team won gold at the SEA Games and competes internationally.

### How does CMG.ASIA source its deals?

Sourcing runs through the principals' deep operating network in Southeast Asia and an advisory board that includes founders of major professional-services firms and investment platforms. The Venture Lab also generates proprietary opportunities by incubating companies in-house before committing external capital.

### What is its relationship with GAM Entertainment?

GAM Entertainment is a portfolio company of CMG.ASIA, co-founded by CEO TK Nguyen. CMG.ASIA provides venture-building support and strategic oversight, and the firm has publicly spotlighted GAM's esports achievements as aligned with its thesis around lifestyle, entertainment, and cultural industries in Vietnam.

## Related profiles

- [CMFG Ventures](https://altss.com/profile/cmfg-ventures)
- [CMG Wealth Management](https://altss.com/profile/cmg-wealth-management)

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Last updated: 2026-07-06T00:31:50.587Z

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